News
Tongtai expects the Total Solution Service income to exceed more than 20% percent of the total proportion of revenue.
2013/04/18

With the growth of orders in the second quarter, Tongtai group is looking forward to be in the top 20 machine tools group in the world by 2020. Yesterday, the first Technical Application Center (T-TAC) was opened in Kaohsiung. In the second half of this year, the second T-TAC will be opened in Tongyu, Tongtai’s subsidiary in China. In the future, T-TAC will be established in Europe, America, and Southeast Asia for servicing the demands of local customers. Concentrating on 2012, Tongtai expects the Total Solution Service income will exceed more than 20% percent of the total revenue.


The C.E.O. of Tongtai group, Juih-Siung Yen, said “the annual R&D spending occupies 3% to 5% of the total income. By the establishment of T-TAC, Tongtai provides the total solution as a service platform, for each customer. Also, the machine’s value is added.


C.E.O. Yen also emphased “Tongtai not only has established the T-TAC at our Kaohsiung office, in the second half of this year, the second T-TAC will be opened in Tongyu, Tongtai’s subsidiary in China. Before 2020, T-TAC will be opened in Europe, America, and Southeast Asia. Moreover, Tongtai is the first machine tool group to establish an overseas technical application center in Taiwan.


Finally, Mr. Yen pointed out that the orders in Q2 are recovering. However, due to the approximate delivery times being at least a half year away, the orders are not reflected in the income. According to the estimation, the incomes in Q3 will show a recovery. This year, 2013, the orders and incomes will be better than the past year.