Taiwan’s Johnson Health Tech Co. says it’s poised to be an unexpected winner from trade tensions that are hurting most global companies’ bottom lines.
The world’s third-largest gym equipment maker expects a new factory in Vietnam, which it planned before the ongoing U.S.-China trade war, to allow it to escape tariffs on made-in-China gym equipment. Its rivals are unlikely to be so lucky, allowing the company to reach its goal of being the world’s biggest maker by 2020, CEO Jason Lo said in a recent interview at the company’s headquarters in the central Taiwanese city of Taichung.
“We will have a greater