News

2009-11-26 Forwell's Automatic Equipment Sold around the Globe.

【Excerpt from Commercial Times】

Based on independently created brand "FORWELL", Forwell Precision Machinery Co., Ltd. has successfully marketed quick die changing system (QDCS) and other automatic equipment in the international market, which has high popularity and in QDCS market and is the leading major plant in current domestic same trade, and has good reputation and affirmation of practitioners in mainland market. However, facing the industrial recession due to financial crisis hit last year, the enterprise has successively faced operating impact, was even forced to exit from the market, but Forwell Company has still resolutely stood fast and remained at its post, without laying off employees, rest 2 days every week, and constantly invested marketing cost, actively made market layout, fully shown tenacious enterprise vitality and social responsibility of Forwell and highlighted broad market marketing pattern connotation of President Wen-Lung Hsiao. The following is the summary of interview with Wen-Lung Hsiao, President of Forwell Precision Machinery Co., Ltd.

Q: Facing recent international finance and serious recession of industrial environment, how does Forwell treat and cope with it?

A: It is global financial crisis and the most serious storm in recent 20-30 years. In fact, global market situation is still not recovered clearly, the orders are also urgent ones, and the manufacturing industry is consuming the stock, order visibility is still not obvious at present. Although inquiry situation is more prosperous than before, mechanical equipment investment willingness does not seem like obviously being recovered, the mechanical equipment industry is still required to "painfully stick" to live through the cold winter. It is evaluated that the industrial investment demand will gradually appear since the second quarter of 2010. At present, Forwell is still constantly marching toward the product improvement, marketing, brand deepening and personnel training, expecting to first welcome the arrival of spring swallows of next year.

Q: What are the differences between market economic situation in Taiwan and mainland?

A: Now every country is expanding domestic demand market, mainly because domestic demand market can determine the ups and downs of state economic situation. Because mainland has large domestic demand market advantage, in spite of the impact of great change of international financial situation in recent one year, in addition to industrial industries have obvious recession, other categories such as food, clothes, living and traffic, sightseeing, commerce and other industries have not been influenced. Relevant units in mainland also predicted GDP value in 2009 should still be at least more than 8% growth. In the contrary, Taiwan generally appeared economic recession, how to walk out of economic haze is testing the ability and wisdom of all domestic enterprises. In particular, the most seriously affected practitioners in this financial storm are also facing the most austere enterprise constitution inspection of the market.