The rise of global economy brought TGI’s growth in first and second quarter of 2018. However, excess market capacity and rising raw material prices led to lower operating gross profit. Although the corporate business achievement of whole year is not better than it was in 2017, we still maintained a certain profit performance. TGI’s consolidated net income before tax achieved NTD1.55 billion. We make a brief report by product lines as follows.
In flat glass, the inactive real estate in Taiwan caused the quantity of domestic demands to stay only level. Besides continuing to produce high added value products and enhancing after-service by combining clients’ demands, we appealed to the Government for pushing adaptation of Low-E energy saving glass to reduce power consumption of air conditioner, responding to the stage of energy transition and adjustment of power supply of Taiwan.
Established by Taiwan Glass Ind, Corp., TG is a brand that targets younger generations who value their quality of life. TG invited internationally renowned designer, Naoto Fukasawa, to infuse his observations of Taiwanese culture into designs for a beautiful series of heat-resistant glassware, made in Taiwan.
With Xue Xue Company serving as creative integration consultant in his collaboration with TG, Master Fukasawa conceived of unique brand characteristics for TG by drawing from his experiences of Taiwanese hospitality.
To Fukasawa, Taiwanese people are “friendly, gentle, and sincere”. By implementing these impressions into the product design, he created glass aesthetics exclusively for TG that reflect Taiwan with their warm and fully embodied curves.
Together, Taiwan Glass Group, Naoto Fukasawa, and Xue Xue Company combined their immense level of production technique and design aesthetics with in-depth observations of Taiwanese culture to inject new life into glassware.