17 April 2008
53,000 Buyers Source Electronics Products and IT Software
at HKTDC Twin Electronics Fairs
17 April 2008 - Hong Kong Electronics Fair (Spring Edition) and International ICT Expo concluded today with a record-breaking number of 53,000 buyers. Organised by the Hong Kong Trade Development Council (HKTDC), the four-day fairs attracted some 30,000 overseas visitors, including 7,200 merchandisers from 152 HKTDC buying missions. Detailed statistics are as follows:
Hong Kong Electronics Fair (Spring Edition) -
Total number of buyers: 52,000 including 30,000 buyers from outside Hong Kong, mainly from the Chinese mainland, Taiwan, US, Korea, Japan, Australia, India, the UK, Germany and France.
International ICT Expo -
Total number of buyers: 27,000 including 15,000 buyers from outside Hong Kong, mainly from the Chinese mainland, Taiwan, US, Korea, Japan, Australia, India, the UK, Germany and Russia.
HKTDC Assistant Director Raymond Yip said the next fairs will be held in April 2009 with an additional 1,000 booths, offering new business opportunities for electronics manufacturers and software developers. He said: "The twin fairs will be able to grow further with the completion of the HKCEC Atrium Link Extension Project."
"April is a golden sourcing season and many overseas buyers have flocked to Hong Kong. In just four days, many Hong Kong exhibitors received orders which accounted for up to 30-50 per cent of their annual turnover," said Mr Yip.
He added that HKTDC put the two fairs together to draw more quality buyers to Hong Kong. "Looking at the steadily growing number of exhibitors and buyers, our strategy has proved to be a successful one which enables buyers to visit two related trade fairs at the same time."
One of the exhibitors, Hong Kong's Simon Trading Co Ltd launched a new NEXTBASE WiFi digital photo frame, which allows users to download photos from Google's Picasa via WiFi. Its marketing manager Doris Au said the product is well-received by buyers who bought their DVD players in the past, as well as new buyers from Singapore and Brazil.
Another exhibitor, UK's NXT-New Transducer Ltd is experienced in designing ultra-slim flat amplifiers. Its sales and marketing director James Bullen said the company had relocated more research and development (R&D) to Hong Kong in recent years. He said that through the fairs his company could reach buyers from around the world on the one hand, and on the other expand their business in the Chinese mainland.
Visual Fan was a first-time participant from Romania, specialised in developing GPS software targeting markets in Eastern Europe. Its research manager Adrian Visan said that at the fair he connected with a business partner in Asia for providing after-sales services.
The Spring Electronics Fair is also buyers' first-choice electronics trade show in the region. Igor Glotov, partner of Russia's A & EL Co said multifunctional and innovative electronics gadgets are hot products in his country. The products he sourced at the fair ranged from personal security, home appliances, and medical healthcare electronics to mid-price electronics toys and home robots. "With a full array of products on offer, the fair is the most appealing electronics fair in Asia and I will definitely join the fair every year."
Gulf Wireless & Television Co is one of the market leaders in the United Arab Emirates, Bahrain and India, with a business focus on AV systems for cars and other entertainment products. Its sales manager Raju Narayanan T said, "The HKTDC Spring Electronics Fair is one of the world's must-attend trade fairs. Here, we can keep abreast of product trends and business information. A lot of interesting products drew my attention, and I am sure that at least five deals will be closed before we leave."
The 5th HKTDC Hong Kong Electronics Fair (Spring Edition) attracted 2,469 exhibitors from 23 countries and regions, including first-time participants from Brazil, Israel, Macau, Romania and Thailand.
Running alongside, the HKTDC International ICT Expo, brought together 585 information technology suppliers and software applications developers from 20 countries and regions, including new exhibitors from the Netherlands and the UAE.
|Lyann Li||Beatrice Lam|
About the HKTDC
Established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 offices worldwide, including 11 in the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and the mainland, while providing information via trade publications, research reports and online. For more information, visit www.hktdc.com