Market News

Market News
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Turkey Transposes Low Voltage Directive and Electromagnetic Compatibility Directive into Its National Body of Law
Hong Kong traders with an interest in the Turkish market may like to know that Turkey has transposed into its national legislation the Low Voltage Directive (2014/35/EU) and the Electromagnetic Compatibility Directive (2014/30/EU) in order to comply with its obligations under the Customs Union with the EU.
Economists' Pick 9 Dec 2016
Commission Vice President Announces Candidate Products to be Considered for Energy Efficiency Standards
On 8 November 2016, Vice President of the European Commission Frans Timmermans said that the European Commission had identified at least six types of electrical products which it wants to target to cut energy consumption. The announcement came as the College of Commissioners intensely discussed the suitability of products to be included in the work plan setting energy efficiency standards under the EU’s Ecodesign Directive.
Economists' Pick 9 Dec 2016
Argentina Implements Energy Efficiency Labelling Requirements for Microwave Ovens
Argentinean authorities recently implemented the energy efficiency labelling requirements of Resolution 319/1999 with respect to electric microwave ovens for household use.
Economists' Pick 2 Dec 2016
Mexico Issues New Energy Efficiency Standards for Clothes Washers and Certain Motors
The Mexican government has established new mandatory energy efficiency standards for clothes washers for household use and certain three-phase motors.
Economists' Pick 2 Dec 2016
Smartwatches Outsell Smartphones as Russia's Must-have Accessories
Fashion, functionality and fitness have seen Russians turn to smartwatches as this season's essential accessory.
Economists' Pick 1 Dec 2016
Lifestyle Expo in New Delhi
Organised by the Hong Kong Trade Development Council, the trade fair will showcase up-and-coming lifestyle brands from Hong Kong, as well as consumer products from the Chinese mainland.
Economists' Pick 29 Nov 2016
Bridge to India
A high-level Indian business delegation travelled to Hong Kong in November to identify potential local industry sectors in which Indian companies can collaborate.
Economists' Pick 28 Nov 2016
EU Publishes 2017 Version of Combined Nomenclature; Harmonises Classification of Electronic Control Units and Power Distribution Units
On 28 October 2016, the European Commission published the 2017 version of the Combined Nomenclature (CN) by means of Commission Implementing Regulation 2016/1821. This new Regulation amends Annex I to Council Regulation 2658/87 on the tariff and statistical nomenclature and on the Common Customs Tariff.
Economists' Pick 25 Nov 2016
Leading NGOs and Large Number of Companies Call for End to Trade Defence Measures on Chinese Solar Panels
Five influential environmental non-governmental organisations (NGOs) including world famous Greenpeace, the World Wide Fund for Nature (WWF) and the Climate Action Network, have demanded the immediate end to trade defence measures on solar panels and cells imported from mainland China.
Economists' Pick 25 Nov 2016
LED Fuels Optimism for the Lighting Market in 2017: The Autumn 2016 Hong Kong Lighting Fair Survey
The lighting industry appears to be optimistic about their trade prospects for 2017. The markets it regards as having the greatest potential for next year are North America and Western Europe, followed by the Chinese mainland. The product category regarded as offering the highest growth potential next year is LED/green lighting. Smart lighting systems, meanwhile, continue to be viewed as the focus of the industry's future development.
Economists' Pick 21 Nov 2016
AR/VR Applications to Boost 2017 Electronics Market: The Autumn 2016 Hong Kong Electronics Fair Survey
Although sales of mobile devices may have levelled off, industry players are now expecting AR and VR applications to fuel the future of the electronics market. The market remains optimistic about the potential of wearable electronics, and wireless system apparatus with smart functions is viewed as the leading smart home applications. At the Hong Kong Electronics Fair (Autumn 2016), industry players shared expectations of steady sales in 2017.
Economists' Pick 18 Nov 2016
Argentina Implements Energy Efficiency Labelling Requirements for Water Heaters
Argentinean authorities recently implemented the energy efficiency labelling requirements of Resolution 319/1999 with respect to electric accumulative water heaters for household use, with the exception of heat pump equipment.
Economists' Pick 18 Nov 2016
Update on Recent Department of Energy Rulemaking Activities
The Department of Energy recently announced the following regulatory actions of potential interest to Hong Kong and mainland Chinese exporters of miscellaneous refrigeration products, LED lamps, fans and blowers, commercial packaged boilers, water heating equipment and manufactured housing.
Economists' Pick 18 Nov 2016
Innovation for the Market Multimedia
Commercialising innovation is at the heart of intellectual property, and will be a key focus at the upcoming Business of IP Asia Forum, 1-2 December, in Hong Kong. The two-day conference will also feature an exhibition featuring companies such as Hong Kong’s Nano and Advanced Materials Institute (NAMI), which develops cutting-edge innovations in advanced materials.
Multimedia 18 Nov 2016
LAOS: Environmental Concerns Lead to Likely Ban on Import of Pre-owned Electronic Items
A ban on the import of discarded electronic products and sub-standard ICT equipment is expected to become part of the country’s forthcoming Information and Communication Technology Law.
Economists' Pick 16 Nov 2016
New Developments in Hong Kong’s VR Industry Multimedia
In this podcast interview, Terry Law, General Manager, Zekino International, introduces his new drone design that feature 360 degree virtual reality (VR) recording capabilities and discusses why he chose to showcase this innovative new product at the HKTDC Hong Kong Electronics Fair (Autumn Edition).
Multimedia 14 Nov 2016
European Commission Proposes the Introduction of an EU Certification System for Airport Security Equipment
The European Commission has adopted a proposal for a new Regulation of the European Parliament and of the Council establishing a single EU certification system for aviation security screening equipment. Aviation security screening equipment is the equipment used for the screening of persons (passengers and airport staff), cabin baggage, hold baggage, supplies, air cargo and mail.
Economists' Pick 11 Nov 2016
Recycling of Mobile Phones Crucial for EU Circular Economy
On 16 September 2016, a study partly funded by the European Commission uncovered that approximately 50% of the gold used in mobile phones is not recovered for future use. It also recommended steps in order to achieve a global circular economy for mobile phones, such as improving in developing countries the recycling of precious metals in mobile phones, extending their lifespan, and improving their collection after use.
Economists' Pick 11 Nov 2016
Powering the IoT Revolution with Big Data Multimedia
In this podcast Interview, Olivier Klein, Solutions Architect, Amazon Web Services, explores how innovations in the Internet of Things (IoT) go hand in hand with Big Data information sharing. He foresees a more integrated future where applications of all origins can share data and make smarter decisions.
Multimedia 11 Nov 2016
Supporting Parents with Smart Tech Multimedia
Hong Kong entrepreneur Juliana Ko explains how her smart baby bottle that monitors milk intake can help working parents stay connected with their babies. In this podcast interview,  she also discusses why the Hong Kong Electronics Fair (Autumn Edition) is an effective platform to promote her start-up.
Multimedia 7 Nov 2016
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