13 Oct 2008
Asia's Largest Electronics Fair and electronicAsia Open Today
A record 3,162 Exhibitors Showcasing a World of Electronics Products
13 October 2008 - Asia's two major electronics fairs, the HKTDC Hong Kong Electronics Fair (Autumn Edition) 2008 and electronicAsia 2008, opened today with a record 3,162 exhibitors and 4,500 booths.
The HKTDC organised 100 missions representing 4,000 companies and 7,000 buyers from 68 countries and regions for the Electronics Fair, along with 39 missions of 1,000 companies and 1,500 buyers from 30 countries and regions for electronicAsia.
Among them, 45 per cent are from new markets, including: Bulgaria, the Czech Republic, Hungary, Poland, Romania, Russia and Ukraine in Eastern Europe; Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, Mexico, Paraguay and Peru in Latin America; Iran, Lebanon, Syria and the United Arab Emirates in the Middle East; and the Chinese mainland, India, Malaysia, the Philippines, Singapore, Taiwan, Thailand and Vietnam in Southeast Asia.
They include buying representatives from a wide variety of consumer electronics brands, as well as leading chain stores and distributors, including: Australia's Target Australia Pty Ltd; Chile's Comercial Eccsa (Ripley) SA; France's Auchan; Germany's MGB Metro; India's Infiniti Retail Ltd; Italy's Melchoioni SPA; Japan's Joshin Denki; Korea's Daewoo Electronics; Poland's Manta Multimedia; Portugal's Sonae Distribucao; South Africa's Ellies Electronics; Spain's Alcampo, SA; Russia's Stopol Group; the UAE's Eros Group; and the US's Radio Shack.
The 28th Hong Kong Electronics Fair is the largest electronics fair in Asia and the second largest in the world. Organised by the Hong Kong Trade Development Council (HKTDC), the fair brings together 2,600 exhibitors from 29 countries and regions. Among them are new exhibitors from the Czech Republic, France and the UAE.
Officiating at today's opening ceremony were: Rita Lau Ng Wai-lan, Secretary for Commerce and Economic Development; Fred Lam, Executive Director, HKTDC; Kurt Schraudy, Director, Business Unit for New Technologies, Messe München GmbH; and Dr Roy Chung, Chairman, the HKTDC's Electronics and Electrical Appliances Advisory Committee.
Speaking at the opening ceremony, Dr Chung noted that a new In-Vehicle Electronics and GPS Zone had been set up this year, reflecting the electronics fair's ability to respond rapidly to industry developments.
"For the first time, the exhibition has expanded into the Hong Kong Exhibition Centre in the China Resources Building. Here you will find car entertainment products and security devices, Bluetooth products, Global Positioning Systems and other navigational aids," Dr Chung said.
Other theme areas include the Hall of Fame, housing 240 top-of-the range brand names and stylish products from more than 180 exhibitors; the Technology Exchange Zone, featuring breakthrough concepts and prototypes with enormous potential for commercial development; Digital World, showcasing all manner of entertainment, imaging, communications and multimedia products; and Home Tech, where intelligent home appliances are on offer.
Fair highlights include the product demos and launch pad, where unique products and new technology are being presented by six exhibitors; and the 14 October HKEIA Award Presentation for Outstanding Innovation and Technology Products, which promotes new products with excellent design, technology and features.
In addition, the HKTDC has organised a market seminar, 15 October, spotlighting the latest intelligence on green initiatives. Speakers will provide updates on the China Energy Label and the European Union's REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) regulations.
Running in parallel with the fair is electronicAsia. Now in its 12th year, electronicAsia is the region's premier trade event for sourcing electronic components, assemblies, electronics production and display technology.
This year, electronicAsia presents 562 exhibitors from 17 countries and regions, including new exhibitors from Hungary, the Philippines and Sweden. Three special zones, Hall of Fame, World of Display Technology and the Hong Kong Metal Parts and Components Pavilion, have been set up for easy sourcing.
The electronicAsia show is jointly organised by MMI-Munich International Trade Fairs Ptd Ltd and the HKTDC.
The electronics industry is Hong Kong's largest export earner, worth more than HK$1,349.3 billion (US$173 billion) to the Hong Kong economy in 2007. In the first eight months of 2008, Hong Kong's electrical products accounted for 50.2 per cent of its total exports, or HK$935.7 billion (US$119.9 billion), an increase of 9.9 per cent over the same period last year.
While the top five export markets for Hong Kong's electronics products remain the Chinese mainland, the United States, Japan, Korea and Singapore, exports to emerging markets are increasing rapidly. In the first eight months of 2008, electronics exports to Russia increased by 56.2 per cent, India by 50.2 per cent, Vietnam by 50 per cent, Indonesia by 46.4 per cent, Poland by 38.2 per cent and Turkey by 28.5 per cent.
The two fairs continue through 16 October at the Hong Kong Convention and Exhibition Centre and the Hong Kong Exhibition Centre at the China Resources Building.
Please contact the HKTDC's Media and Public Affairs Department:
|Beatrice Lam||Tel: (852) 2584 4049||Email: email@example.com|
|Lyann Li||Tel: (852) 2584 4525||Email: firstname.lastname@example.org|
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