Page 39 - Taiwan Hand Tools 2024-01 Edition
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Industry News
Hsiao also highlighted the indispensable strength of Taiwan's hand tools industry—the inherent "resilience" deeply ingrained in the nation's fabric.
Footprint Verification), and discussed profit control. This practitioners and domestic manufacturers, concluded that
summit served as a professional platform for industry the current situation is a unique opportunity for the Taiwan
experts and specialists worldwide to engage in discussions hand tools industry. Enterprises rarely have the time to
about current international trends, solutions to ESG reflect on and summarize their experiences from the past
(Environmental, Social, and corporate Governance) policies, few years while anticipating the upcoming challenges and
and network opportunities. the complete revival of the market, which is highly likely to
occur in Q3 2024, according to Hsiao. He estimated that, at
As the Executive Vice President of the THTMA, Hsiao, that time, when buyers’ inventory is almost digested, there
through exchanges of opinions with both international will be another peak for the global hand tools industry.
Taiwan Hand Tools 2024 Issue
