Johnson Li is the heart and soul of First Components and is the company’s long-time General Manager.
Graduating from working at Willing Bikes, in partnership with several others, Johnson began to supply Bottom Brackets and Headsets to his erstwhile employer.
“I quickly realized that the sun will never set on the bicycle industry”, he remarks, “and resolved to have my own business.”
In only their second year, though, it all went pear-shaped when a customer took delivery of an order to the value of one year’s revenue . . . and did not pay!
“We managed to survive—but it was a bitter lesson to learn.”
After several factory moves, in 1993 the company set up at the current permanent location.
But the early 90s also saw more players enter the market—competition increased markedly . . . the economy was not good.
Many companies were moving to China seeking cheaper labor costs and more opportunties.
FIRST decided to remain in Taiwan and commenced attending the Tapei Cycle Show as a means of generating new opportunities.
In the summer of 2016, eMTBs in Europe gained widespread acceptance, accelerating the e-bike trend that had been gathering pace in previous years.
In Johnson’s view the “controller is the answer to e-bikes.”
Right now, customers buy the whole kit, Battery, Motor and Controller together, because it’s easier to do.
“But soon the demands for purchasing each item separately, and for custom designs, will come. To that end our early foray into e-bike components focuses on controller production.”