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08-10-2012, 11:31 AM
(This post was last modified: 08-10-2012, 11:32 AM by potatolover.)
The killing blow to Tien Wah/New Toyo will not come from the implementation of plain packaging even on a worldwide basis.
If BAT can find a much lower cost base in China, then Tien Wah might lose a very substantial of its volume and revenue, especially after the end of the 7-yr supply contract in 2015.
Low cost printers are indeed plentiful in China but in terms of quality, they have quite some learning curve to climb. But Chinese are known to be fast learners...
If BAT can find a much lower cost base in China, then Tien Wah might lose a very substantial of its volume and revenue, especially after the end of the 7-yr supply contract in 2015.
Low cost printers are indeed plentiful in China but in terms of quality, they have quite some learning curve to climb. But Chinese are known to be fast learners...