Do you have any new products in the pipeline? For now, it is uni- stretch that we want to focus on.
What percentage of your sales is through brick & mortar and what is through the e-marketplace? Vendors reaching us through the internet are less. They may be just 10 per cent. The rest of the 90 per cent is through agents and the exhibitions that we participate in.
How do you keep track of textile market trends and other related information? The young generation looks after the procurement of the material. They have an online channel to keep an eye on the market, and then they pass on that information to us. So, the procurement is done based on these market trends.
What kind of services do you offer to your clients? Our company was founded in 1969, and we reached the goal of being listed on the Taiwan stock market in 1981. We have the ISO 50001 certificate now. Over the next five decades, we will focus on polyester texture yarn and woven fabrics. We have a textured yarn mill, and our spinning machines are from Murata and TMT. We can produce 2,000 tonnes of polyester textured yarn every month. In our weaving unit, we use Picanol airjet and Tsudokoma waterjet looms. The weaving unit has the capacity to produce 3,000,000 yards per month. All our factories are located in Taiwan. We make different kinds of polyester textured yarn, e. g. cotton-like and linen-like. These apart, we have uni-stretch, which is our new yarn product. Its stretch performance is extraordinary. We produce polyester, poly / spandex and t / r / spandex for shirting and suiting. And there are fabrics that control moisture, UV resistant, water repellent and wrinkle free functions. We have suiting fabrics by Euchine synthetic yarn from the South Asia market. Our company supplies good quality products that do not fade after washing. The most important feature is that it is a linenlike fabric— it is just half of the cost of the linen with regard to fabric. Last year, we attended the Intex South Asia in Sri Lanka. No other company was branding a fabric like this one. But it is must to see how the market trade works. We just got small orders from there. We are really happy to know that our services are being well received. So, in the future we would like to dwell in the Southeast Asian market. We will be participating in the Intertextil Shangai apparel fabric show.
Which are your major international markets? Are you planning to expand to any other regions in the near future? We sell our products to Asia, Africa, Europe, Middle East, North America and South America, for providing better quality and services as per our company policy. We sell our products to more than 40 countries, and we plan to enter South Asia soon.
What is your R & D team like? How much do you spend on R & D on a yearly basis? We have an R & D department which focuses on material development. To meet the needs of our customers in all the regions, our R & D team investigates the market demand and the latest trends. Through technical innovations in terms of raw material integration, weaving, dyeing, and multi-level processing Universal Textiles promptly responds to our customers’ requirements. Designers pay close attention on crossing. They research on international fairs to get the latest updates regarding the market trends.
What are your growth expectations from the company for the next two fiscals? It should be increased to 10 per cent, but it all depends on the market trends.