InnoEX, Spring Electronics Fair boost tech hub status
2024年4月16日 - 8:24PM
JCN Newswire
The second edition of InnoEX, co-organised by the Innovation,
Technology and Industry Bureau of the Hong Kong SAR Government and
the Hong Kong Trade Development Council (HKTDC), along with the
20th HKTDC Hong Kong Electronics Fair (Spring Edition), concluded
today following four resoundingly successful days. This year's
fairs attracted some 88,000 buyers from 139 countries and regions,
mainly from mainland China, India, Japan, Korea and the United
States, highlighting Hong Kong's advantages in its pursuit to
become an international innovation and technology (I&T)
centre.
Sophia Chong, HKTDC Deputy Executive Director, said: "InnoEX and
the Electronics Fair, as signature events of the Business of
Innovation and Technology Week (BITWeek), along with a series of
fascinating events, synergistically fostered international
technological innovation in Hong Kong, propelling the region
towards unparalleled economic and social development. The findings
of the survey conducted during the events underscore the prevailing
optimism among exhibitors and buyers regarding promising business
prospects. Capitalising on Hong Kong's esteemed position as an
international trade centre, the HKTDC is committed to supporting
companies in expanding their market reach for innovative products,
fortifying the I&T ecosystem, and augmenting local I&T
capabilities."
At InnoEX the Smart Hong Kong Pavilion set up by the Office of the
Government Chief Information Officer (OGCIO) showcased over 100
technology solutions closely related to people's daily lives
through interactive experience and live demonstrations. The
Innovation and Technology Commission (ITC) also presented
remarkable AI and robotics technology achievements by 16 research
centres under InnoHK. Numerous Hong Kong pavilions and tech
companies introduced innovative projects that received positive
feedback from industry professionals. The exhibition also featured
20 pavilions from 16 provinces and cities in Mainland China, along
with the So French So Innovative pavilion and the India and Canada
pavilions, showcasing cutting-edge technologies such as aerospace
and satellite technology, chips, data analysis, AI and robotics
that can be adopted across various industries. The pavilions
attracted many buyers interested in further understanding products
and solutions, and engaging in business negotiations.
PTF AreaTech Company Ltd, a Hong Kong start-up exhibiting at
InnoEX, is working with a state-owned enterprise to promote
application of BeiDou satellite technology in Hong Kong and ASEAN
countries. Jonathan Maang, Chief Technology Officer of the company,
said: "On the first day of the exhibition, we were visited by
representatives from several Hong Kong government departments who
provided valuable advice to help us optimise our technological
solutions. In just a day and a half we received nearly 120 guests,
including potential buyers from Japan and ASEAN. The exhibition has
opened the international market for us and presented us with
numerous business opportunities. We look forward to showcasing even
more of our application solutions at next year's exhibition."
InnoEX attracted many heavyweight buyers. Don Tsang, Senior
Business Director, Digital Technology Business, Ant Group, said:
"The scale and international scope of InnoEX is truly impressive.
The exhibition enables us to connect with exhibitors hailing from
Southeast Asia, Europe and the United States. The innovations
showcased have the potential for wide-ranging applications across
diverse industries. What particularly captured my attention were
the exhibitors from Shenzhen. Their products have already reached a
high level of maturity and have successfully attained dominant
market leadership. I look forward to attending InnoEX again next
year!"
Hong Kong exhibitor Greentek participated in the Spring Electronics
Fair for the 20th year. Ken Cheung, Regional Sales Manager of the
company, stated: "Around 50 buyers, mainly from Europe and the US,
showed interest in our products including TV components and smart
storage boxes, and we have already received on-site orders
totalling approximately US$200,000. We will definitely participate
at the fair again next year." Additionally, Korean juicer company
Hurom also leveraged the fair to connect with buyers from emerging
markets such as India, Malaysia, Russia and Turkey with the hope of
expanding into more new markets.
Nico Broder, CEO of Spanish company Atlantis Internacional SL, was
sourcing smartwatches, smartphones and mobile accessories at the
Spring Electronics Fair. He said: "We are expanding our product
range, and have already found new suppliers at the exhibition. We
expect to purchase products valued between US$2 million and US$4
million."
ASEAN Roundtable fosters cooperation; Nobel laureates share
insights
Highlighted InnoEX events included the ASEAN Roundtable, which
brought together officials from ASEAN countries, Mainland China and
representatives from research institutions who discussed smart-city
strategies and needs. The discussions covered topics such as
promoting digitalisation, enhancing citizens' digital skills,
supporting start-up development, practicing sustainable development
and a people-centric approach, and strengthening internet coverage
and security. Exhibitors also introduced I&T solutions.
Representatives from ASEAN, Mainland China and Hong Kong SAR
Government officials had in-depth exchanges at the meetings and
appreciated the discussions, believing they contributed to
promoting government-to-government (G2G) and government-to-business
(G2B) cooperation.
Dr Alias Bin Rameli, Director General of Town and Country Planning,
Ministry of Local Government Development, Malaysia, attended the
Roundtable discussion and led a delegation of representatives from
Malaysia's 16 states and federal territories to visit InnoEX. He
stated: "We came across many products and technologies with great
potential, such as solutions for water management and wastewater
treatment. Malaysia's smart city development initiative holds the
potential to unlock over a thousand business collaboration
opportunities. We leveraged this exhibition to establish valuable
partnerships and explore deeper avenues for cooperation. We will
continue to seek suitable technological solutions to advance our
development goals."
The Hong Kong Alumni Association of Beijing Universities set up a
pavilion and organised the inaugural Hong Kong World Youth Science
Conference during InnoEX, inviting Nobel laureates, Turing Award
winners, I&T professionals and renowned scientists to share
insights. The conference attracted enthusiastic participation and
engagement from professionals across various sectors.
Recognising the crucial role of young talent in promoting I&T
ecosystem development, this year's InnoEX and Spring Electronics
Fair introduced Exhibitors Meet Talents. This initiative, aimed at
helping exhibitors attract talent, drew job seekers to explore
employment opportunities and engage in discussions with prospective
employers.
AI considered most promising field in local I&T industry
Independent surveys commissioned by the HKTDC at the fairs, with
over 340 respondents from InnoEX and 670 from the Electronics Fair,
made several key findings:
InnoEX
- 31% of the local exhibitor respondents identified AI as the
strongest and most advantageous I&T area in Hong Kong, followed
by Fintech (27%).
- 37% of respondents believed the market growth potential of
I&T is the greatest in the Guangdong-Hong Kong-Macao Greater
Bay Area cities in Mainland China, followed by other mainland
cities such as Beijing, Shanghai and Chengdu (36%), ASEAN countries
(27%) and Hong Kong (26%).
- Local exhibitor respondents believed Hong Kong start-ups have the
greatest advantage and potential in the field of AI research (24%),
followed by information and communications technology (21%).
Spring Electronics Fair
- Exhibitors were optimistic with 64% of respondents anticipating
an increase in overall sales in the next one to two years.
- Participants identified smart home and smart living products and
solutions (23%), electronic and electrical accessories (20%) and
home appliances (16%) as the electronics product categories with
the highest growth potential in major markets this year.
- Respondents believe that in the next two years, potential is
highest for extended reality (XR) in audiovisual entertainment
uses, as well as mobile and online games (both at 26%).
The exhibitions adopt the HKTDC's EXHIBITION+ model, merging online
and offline elements. Exhibitors and buyers can continue to network
through the Click2Match smart business-matching platform until 23
April (Tuesday).
Photos Download: https://bit.ly/442qeaB
Websites
InnoEX: innoex.hktdc.com/en
Hong Kong Electronics Fair (Spring Edition):
hkelectronicsfairse.hktdc.com/en
Media enquiries
Yuan Tung Financial Relations:
Anson Wong
Tel: (852) 3428 3413
Email: awong@yuantung.com.hk
Salina Cheng
Tel: (852) 3428 2362
Email: salcheng@yuantung.com.hk
Hing-fung Wong
Tel: (852) 3428 3122
Email: hfwong@yuantung.com.hk
HKTDC's Communications & Public Affairs Department:
Clayton Lauw
Tel: (852) 2584 4472
Email: clayton.y.lauw@hktdc.org
Phyllis Tsang
Tel: (852) 2584 4288
Email: phyllis.km.tsang@hktdc.org
HKTDC Media Room: http://mediaroom.hktdc.com
To view press releases in Chinese, please visit
http://mediaroom.hktdc.com/tc
About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body
established in 1966 to promote, assist and develop Hong Kong's
trade. With 50 offices globally, including 13 in Mainland China,
the HKTDC promotes Hong Kong as a two-way global investment and
business hub. The HKTDC organises international exhibitions,
conferences and business missions to create business opportunities
for companies, particularly small and medium-sized enterprises
(SMEs), in the mainland and international markets. The HKTDC also
provides up-to-date market insights and product information via
research reports and digital news channels. For more information,
please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc
and LinkedIn
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