Yes, in '84 the High Sierra was built by Giant in Taiwan.
Originally Posted by Scoticus
I believe the bikes were mostly built and assembled in Taiwan, then delivered to Schwinn for any final missing components (e.g. headbadges) after which they were sent through the dealer network. From the book "No Hands", in Chapter 14 (Land of the Giant):
So, they made the frame in Taiwan or? and shipped it here for assembly including the old Paramount head badge just so we would have something to discuss here and now
"By 1977, the Giant factory produced its first lug-frame steel road bike for Schwinn, under the World label. It was a gold-colored ten-speed with a smart white band that sold for about $130. The Schwinn name was left off, because the American company's marketers were uncertain how their customers would react to Taiwanese goods."
The following year or two they dropped the "World" badging and added the Schwinn name: http://bikecatalogs.org/SCHWINN/1979...rld_Sport.html
The book goes on to say that by 1986 Giant was producing 700,000 bikes a year for Schwinn, which was more than 80% of Schwinn's total production. In 1987 Schwinn struck a deal with China Bicycles to supply bikes, which was largely responsible for Giant entering the US market selling essentially the same bikes it was building for Schwinn, but under the Giant name for 10 to 15% less.