Mechanics Laboratory News

Luxury Yachts: Design Takes a New Track

Simutech Solution Corp. While it’s widely recognized that HTC smartphones, Garmin GPS devices and a sweeping array of big-brand laptops are staples of the Made in Taiwan effort, it’s a lesser-known fact that luxury yachts (those measuring 80 - 120 ft. are a booming business in Taiwan. Producing high-quality boats at comparatively low prices, Taiwan’s luxury yacht industry reached a peak in 1987, exporting 1,755 vessels for an export value of more than $190m. However, rising labor costs and the appreciation of the Taiwanese dollar took its toll over the years…