14 April 2007
Twin Electronics Fairs Set New Exhibitor Record
Sourcing Season Heats Up with Spring Electronics Fair and ICT Expo
|Hong Kong Electronics Fair (Spring Edition) and International ICT Expo open today (April 14). Picture shows Guest of Honour Mr. Tim Freshwater hosting the eye-dotting ceremony for the traditional lion dance. He is accompanied by Dr Roy Chung, Chairman of TDC's Electronics/Electrical Appliances Industry Advisory Committee and Mr. Alan Wong, TDC's Acting Executive Director.|
|Thousands of buyers from all over the world fill the Hong Kong Convention & Exhibition Centre to source the latest electronics and ICT products.|
|Buyers can find a wide range of consumer electronics products and latest technology at the fairs. A popular attraction is the demonstration of "TAP and GO" technology, which works with MasterCard PayPass-enabled Near Field Communications (NFC) technology, enabling consumers to make payments by mobile phone.|
April 14, 2007 - With nearly 3,000 exhibitors, a record number, the Hong Kong Electronics Fair (Spring Edition) and International ICT Expo opened today at the Hong Kong Convention and Exhibition Centre.
The Spring Electronics Fair features 2,406 exhibitors, up nearly seven per cent from last year, including first-time participants from Belgium, the Czech Republic, Finland, India, Ireland and the United Kingdom. A total of 576 exhibitors, up nearly nine percent over last year, are taking part in International ICT Expo. New exhibitors are Denmark, Germany, Italy and Japan.
The twin fairs, organised by the Hong Kong Trade Development Council (TDC), continue through April 17.
Speaking at the opening ceremony, guest of honour Mr Tim Freshwater said Hong Kong is an important international sourcing hub for electronics products, and the two young fairs have quickly emerged as the must-attend spring event for international buyers. "For the fourth year in a row, buyers are flocking to Hong Kong to source innovative products, do business and gather latest market intelligence," said Mr Freshwater, a TDC Council Member.
He added that the industry outlook is promising. "Electronics accounts for nearly 50 per cent of Hong Kong's total exports. Last year, electronics exports surged 14 per cent to US$156 billion. And almost all of Hong Kong's export markets showed positive growth, some in double digits. This is because local manufacturers and exporters are sensitive to changing market needs and known for their efficiency, reliability and quality."
Mr Freshwater said applying a vertical integration strategy to manufacturing has sharpened the industry's edge. "From product design and development to tool-making, production and quality control, it's all being executed under one roof."
Aside from the fairs' 25,000 registered buyers, the TDC has organised 137 buying missions, with 3,000 companies and 5,500 new buyers invited to the fair. These include leading distributors and VIPs from such well-known chain stores as Breville, Big W and Cellnet from Australia, the RGC Redmond Group of companies from Canada, Sharper Image and Monster Cable from the United States, Karstadt Quelle GmbH and MGB Metro from Germany, Decathlon, Carrefour, Brico Depot and SEB from France, Ohm Electric Inc and Autobacs from Japan.
New Zones for Expo Drive Hall
Two new zones have been set up at Expo Drive Hall this year to meet the increased demand for digital electronics and home automation products, according to Dr Roy Chung, Chairman of the TDC's Electronics/Electrical Appliances Industry Advisory Committee. Home Tech offers a wide range of intelligent home appliances, while Vision & Sound features home theatre and entertainment systems.
Dr Chung added that brand-name collections are displayed in an elegant setting at Hall of Fame, while the Lighting Section spotlights lighting design and technology.
Fair highlights include the Hong Kong Electronics Parts Procurement Square, where top Japanese electronics companies Lauda, RB Controls and Tescom meet potential suppliers. The square is supported by JETRO Hong Kong. The metal Parts and Components Pavilion showcases a wide variety of metal components from 16 Hong Kong Metals Manufacturing Association companies.
Popular exhibits include digital imaging, electronic manufacturing services, health-care electronics, multimedia, office automation and equipment, personal electronics, security products, telecommunication products and trade services.
Running alongside the Hong Kong Electronics Fair, International ICT Expo brings together the latest software applications, information technology and computer solutions.
For ease of sourcing, ICT Expo is divided into eight zones: Enterprise Solutions, E-Logistics & Retail Technologies, Digital Living & Multimedia, Home-grown Innovations, IT Outsourcing, Linux & Open Source, Network & Mobility, and Trade Related Services.
Industry conferences, seminars and forums, along with an attractive line-up of speakers, have been organised. Topics include intellectual property rights, the Russian consumer electronics market, hazardous waste management, mobile business and marketing, e-public services development, IT outsourcing, digital trade and transportation network, near field communication (NFC) and green ICT.
Also attending today's opening ceremony were: TDC Acting Executive Director Mr Alan Wong; Chairman of the TDC's Information & Communications Technology Services Advisory Committee Mr Paul Kan; Deputy Government Chief Information Officer Mr Stephen Mak; and Deputy Director-General of the Torch High Technology Industry Centre, Ministry of Science & Technology, PRC, Mr Ma Yanmin.
- end -About TDC
Established in 1966, the Hong Kong Trade Development Council (TDC) 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 TDC promotes Hong Kong as a platform for doing business with China and Asia. The TDC 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.tdctrade.com
For more information
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Tel: (852) 2584 4049
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