General Electric (GE) representatives in Tianjin, China recently placed a large order with officials from Taiwan's Sampo Corp. for 200,000 large-sized refrigerators, according to Sampo.
GE officials also visited Sampo's second refrigerator production line in Tianjin. Sampo's ranking officials in Taiwan, however, kept a low profile about the business with GE.
Sampo's Tianjin plant set up a second production line late last year to double its annual capacity to 700,000 refrigerators, and the facility will serve as a contract supply base for GE. After the capacity expansion, the Tianjin plant can produce both medium- and large-sized refrigerator models.
According to Eric Chen Sampo's vice chairman, his group will focus on the production of medium- and large-sized refrigerators to sidestep price-cutting competition from rivals across Taiwan, and will grab more contract-supply businesses from Chinese home-appliance brands. (EGov, Taiwan Headlines)
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