Mon, Jan 07, 2013 - Page 13 News List

INTERVIEW: Ginko expecting a bright future

Ginko International Co, which operates Formosa Optical in Taiwan and manufactures Hydron-brand contact lenses in China, secured a leading position in the Chinese market soon after its creation in 2007. The company enjoyed robust sales and strong profits despite the economic slowdown last year. Ginko chairman Tsai Kuo-chou shared the company’s development plans for this year during an interview with Taipei Times staff reporter Crystal Hsu on Thursday

Only four Taiwanese companies won this recognition in the second half of last year.

The status will help protect the company’s economic value as it allows quicker and easier access for the company to government interventions over brand piracy disputes. Brand piracy is a big headache for companies that aim for excellence [in China].

There are more than 3,000 different Formosa Optical outlets, including fake ones, in China.

Among them, we only own 1,300 outlets.

I walked by three Formosa Optical stores on the same street of a Chinese city, but none is legally authorized.

Haichang contact lenses are also the target of brand piracy. Hopefully, the Chinese authorities will step up its efforts to crack down on illegal use of trademarks in the future.

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