Find XO: 2% Defect Rate in Manufacturing Led to 2,000% Export Growth (venturesquare.net)
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- The automotive shock absorber startup TF lowered its defect rate from 5% to below 2%, breaking into the Japanese tuning market.
- Exports soared from $30,000 in 2022 to $1.16 million in 2024.
- Contrary to the conventional idea of growing domestic size before exporting, the strategy of first ensuring quality to meet the strict standards of niche markets proved successful.
- Notably, government support was used to shorten the mass production cycle of electronic control products.