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Bicycle makers’ revenue surges amid global trend ORDERS DOUBLED: Delivery times for bicycle parts have increased, but large Taiwanese firms are in an advantageous position, an analyst said By Chen Cheng-hui / Staff reporter Taiwanese bicycle manufacturers reported robust revenue growth of 40 to 80 percent in the first two months of this year, with some hitting record highs for January and February, the companies’ data showed last week. Solid growth momentum and strong orders amid the COVID-19 pandemic-driven bicycle boom would boost the indust...

People ride bicycles in Taipei on Nov. 26 last year. Photo: EPA-EFE 2021/03/15 03:00 ORDERS DOUBLED: Delivery times for bicycle parts have increased, but large Taiwanese firms are in an advantageous position, an analyst said By Chen Cheng-hui / Staff reporter Taiwanese bicycle manufacturers reported robust revenue growth of 40 to 80 percent in the first two months of this year, with some hitting record highs for January and February, the companies’ data showed last week. Solid growth momentum and strong orders amid the COVID-19 pandemic-driven bicycle boom would boost the industryâ�...