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<table class=" acchk-responsive-table" border="0" width="100%"><tbody><tr><td>Business has carried on and Hong Kong remains the regional hub for electronics trading, regardless on the social unrest.  The 23rd electronicAsia, jointly organised by MMI Asia Pte Ltd and Hong Kong Trade Development Council (HKTDC), and the concurrent 39th HKTDC Hong Kong Electronics Fair (Autumn Edition), together attracted more than 67,000 buyers from 141 countries and regions. The fairs were held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 13 to 16 October, 2019.<div> </div>As Benjamin Chau, HKTDC Deputy Executive Director, said, “The twin electronics fairs and associated events ran without a hitch.” HKTDC and MMI Asia Pte Ltd drew on decades of experience to ensure exhibitors and visitors enjoyed a safe environment conducive to trading.<div> </div>Over 17,000 trade buyers visited electronicAsia 2019. They moved through zones such as Power Supplies, World of Display Technology, Printed Circuit Boards &amp; EMS, Keyboards &amp; Switches, Electronics Components, and Wireless &amp; Sensor Technologies. With leading international suppliers present, buyers were able to see the latest in electronics components.<div> </div>Posco International of Korea includes trading electronic products under the Daewoo brand among its many activities.  M.K. Kang, Senior Manager of Electronics Section Infra Plant Group, said, “We are currently working with some major electronic products manufacturers and I have found six new suppliers including three Mainland China exhibitors, two Hong Kong companies and a Taiwanese exhibitor. We will conduct further talks for the sourcing of sensors’ components for different applications.”<div> </div>The profile of buyers was very international. Bohumil Tonkovič, Chairman and CEO, MediaTech Central Europe, a.s., and Ivan Samuhel, Director of International Sales, Audio Press Box, hailed from the Slovak Republic. “MediaTech is a leading system integrator and distributor of audio and visual products. Our subsidiary Audio Press Box, specialises in the production of AV products. We have identified quite a number of new suppliers from Mainland China and Hong Kong for different items such as LCD panels, flame-retardant low-smoke cables, audio capacitors, transformers and AI solutions. Hong Kong will certainly continue to be an international business hub.”<div> </div>Exhibitors commented on this global diversity. Erica Teng, General Manager, Okystar Technology Co Ltd from Mainland China, said, “We received positive responses on the first day of the exhibition and met with buyers from different places such as Brazil, Russia and Germany.” The firm provides a variety of products from micro controller boards and modules to starter learning kits and sensor modules with intelligent light control boards and modules such as 0-10V dimmer modules and DALI light controller.<div> </div>Exhibitors were also favourably impressed with support from the organisers. Poland’s Dagmara Głowacka, Marketing Manager of China Operation, Transfer Multisort Elektronik Sp. z o.o., said, “The organisers arranged guided tours of different buyers such as those from Mainland China and Vietnam to visit our booth for business development. We’ve met with some buyers from South Africa, Ukraine and Slovak Republic. A Hong Kong buyer is going to register on our portal to purchase connectors. A Russian buyer engaged in space projects has also approached us to source certified top-graded components.”<div> </div>Hugh Cheng from debut exhibitor Cheer Time Enterprise Co., Ltd, Taiwan, was visited by many buyers from different places such as Chile and Hong Kong. “The organisers have provided excellent support, business matching service and media publicity opportunities to broaden our exposure.” A group pavilion showcased Taiwan’s strengths in electronic components and a Taiwan New Products Launching Party drew plenty of attention.<div> </div>electronicAsia hosted an information forum with renowned international speakers, addressing ‘Blockchain in Industrial IoT - The Next Big Thing?’.<div> </div>Mr Pavel Romanenko, Blockchain Expert &amp; Public Speaker, noted that electronicAsia was a connectivity platform for people developing sensors for industrial IoT and young companies providing solutions on blockchain technology. “With Blockchain in industrial IoT, we will get validated transaction data from the machines which will further power autonomous communication between these machines. The market potential is very big. We are talking about multi-billion dollar markets for blockchain and industrial IoT.” He predicts that many small and medium-sized companies will join giants such as Germany’s Daimler and Siemens to build blockchain use cases. “The effective way of using blockchain on the application for smart cities is to be able to have a lot of people parking a lot of data on it and then to train the blockchain to get better and become super secure. We need a use case to impact a mass amount of people.” The platform, said Agility CEO Ms Monica King, is not just here to make business, but to train the blockchain to become a better blockchain. “The value of blockchain is only created by using it.”<div> </div>Additional opportunities for the industry information exchange came from the Hong Kong Electronic Forum. With the support of Hong Kong Electronic Industries Association and Vocation Training Council, as well as the key industry players such as Wandelbots, Autoated Precision Inc, Solomon Systech and DeepSky, offered the in-depth knowledge on Micro-electronics and Advanced Manufacturing. <div> </div>In an independent survey commissioned by HKTDC of 1,055 exhibitors and buyers, the majority of respondents held a conservative view on the outlook for the electronics industry. 55% of respondents expect overall sales will remain steady next year, while 25% expect sales to increase and 17% expect a decrease.<div> </div>Korea was viewed (62%) as the most promising traditional market with the strongest growth potential, followed by Taiwan (55%). For emerging markets, the Middle East (80%) and Association of Southeast Asian Nations (ASEAN) countries (69%) are expected to show the most promise.<div> </div>electronicAsia remains committed to promoting meaningful trade through business-matching and other services in the coming edition.  The next electronicAsia will take place October 13 – 16, 2020.</td></tr><tr><td> </td></tr><tr><td> </td></tr></tbody></table><div> </div>

Industry takes conservative stance on outlook

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<strong>About the HKTDC</strong><br />The<span style="text-decoration: underline;"> <a href="https://www.hktdc.com/" target="_blank" rel="noopener">Hong Kong Trade Development Council (HKTDC)</a> </span>is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 <span style="text-decoration: underline;"><a href="http://aboutus.hktdc.com/en/#global-network" target="_blank" rel="noopener">offices</a> </span>globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises <a href="http://www.hktdc.com/info/trade-events/EX/en/Exhibitions.htm" target="_blank" rel="noopener"><span style="text-decoration: underline;">international exhibitions</span>, <span style="text-decoration: underline;">conferences </span></a>and <a href="http://www.hktdc.com/info/trade-events/ci/TDCWORLD-upcoming/en/HKTDC-Worldwide-Trade-Events.htm" target="_blank" rel="noopener"><span style="text-decoration: underline;">business missions</span></a> 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 <a href="http://www.hktdc.com/mis/pm/en/HKTDC-Product-Magazines.html" target="_blank" rel="noopener"><span style="text-decoration: underline;">trade publications</span></a>, <span style="text-decoration: underline;"><a href="http://research.hktdc.com/" target="_blank" rel="noopener">research reports</a> </span>and <span style="text-decoration: underline;"><a href="http://mediaroom.hktdc.com/" target="_blank" rel="noopener">digital news channels</a></span>. For more information, please visit: <span style="text-decoration: underline;"><a href="http://www.hktdc.com/aboutus" target="_blank" rel="noopener">www.hktdc.com/aboutus</a></span>. Follow us on <a href="http://plus.google.com/+hktdc"><img src="https://vep-tradeshow.hktdc.com/event/electronicasia/wp-content/uploads/sites/25/2022/03/icons__gplus.png" alt="G+" width="25" height="25" /></a> Google+ <a href="http://www.twitter.com/hktdc" target="_blank" rel="noopener"><img src="https://vep-tradeshow.hktdc.com/event/electronicasia/wp-content/uploads/sites/25/2022/03/icons__twitter.png" alt="Twitter" width="25" height="25" /></a> Twitter @hktdc <a href="http://www.linkedin.com/company/hong-kong-trade-development-council" target="_blank" rel="noopener"><img src="https://vep-tradeshow.hktdc.com/event/hkelectronicsfairae/wp-content/uploads/sites/26/2022/03/icons__linkedin.png" alt="Linkedin" width="25" height="25" /> LinkedIn</a>

<strong>About Messe München (MMI Asia Pte Ltd)</strong><br />Messe München is one of the world´s leading trade show companies. In Munich alone it organizes around 50 trade shows for capital and consumer goods, and key high tech industries. Each year more than 44,000 exhibitors and around 2.4 million visitors take part in the events held at Munich. In addition, Messe München organizes trade shows in Asia, Russia, South America and the Middle East. With a network of affiliates abroad – in Europe and in Asia – and over 70 foreign representatives, Messe München is actively serving over 100 countries. Messe München has a worldwide business network and serves Hong Kong through MMI Asia Pte Ltd (MMI Asia) in Singapore and its strategic base in Hong Kong. For further information, please visit: <a href="http://www.messe-muenchen.de/">www.messe-muenchen.de</a>.

Business has carried on and Hong Kong remains the regional hub for electronics trading, regardless on the social unrest.  The 23rd electronicAsia, jointly organised by MMI Asia Pte Ltd and Hong Kong Trade Development Council (HKTDC), and the concurrent 39th HKTDC Hong Kong Electronics Fair (Autumn Edition), together attracted more than 67,000 buyers from 141 countries and regions. The fairs were held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 13 to 16 October, 2019. 

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