17 April 2007
Electronics and ICT Markets Expect 12% Growth
Survey Points to GPS and DMB as Hot New Growth Areas
|Thousands of international buyers are in town for sourcing electronics and ICT products.|
April 17, 2007 - The electronics and ICT markets are expected to shine this year, according to an independent survey released by the Hong Kong Trade Development Council (TDC) today.
Fuelled by popular items, including AV products, home appliances, IT, multimedia, digital imaging and telecom products, industry growth worldwide is expected to reach 12 per cent, with retail growth in emerging markets pegged at 16 per cent.
Traders point to the Global Positioning System (GPS) and Digital Multimedia Broadcasting (DMB) as the hottest new areas in personal electronics. Networks and mobility was seen as the information and communication technology industry's most promising category.
More than 200 exhibitors and 400 buyers attending the 4th Hong Kong Electronics Fair (Spring edition) and its sister event, International ICT Expo, were interviewed for the survey, which was based on face-to-face interviews conducted by Oracle Added Value, April 13-14.
Featuring nearly 3,000 exhibitors, the twin fairs opened April 14 and close April 17, at the Hong Kong Convention and Exhibition Centre. The fairs are organised by the TDC.
More than 51,000 buyers, mainly from Chinese mainland, United States, Taiwan, Korea, Japan, Australia, Germany, India, United Kingdom and Singapore, visited the Spring Electronics Fair. Buyers from outside Hong Kong this year increased by four per cent.
Full report: http://www.tdctrade.com/tdcnews/0704/07041701e.pptFor more information
Please contact the TDC's Corporate Communication Department:
Tel: (852) 2584 4049
Tel: (852) 2584 4525