Market News | HKTDC International ICT Expo

Nov 2022

The Federal Communications Commission on 25 November adopted new rules prohibiting the importation and sale of telecom and video surveillance equipment produced by Huawei Technologies, ZTE Corporation, Hytera Communications, Hangzhou Hikvision Digital Technology and Dahua Technology, as well as their subsidiaries and affiliates, because such equipment is deemed to pose an unacceptable risk to U.S. national security.

Nov 2022

Starting from 1 January next year, organisations or individuals planning to set up information-gathering websites in relation to cybersecurity vulnerabilities must register their details on a cybersecurity information platform run by the Ministry of Industry and Information Technology. All record-filing procedures must be completed before these websites go online.

Nov 2022

The fast-growing metaverse has changed interaction between individuals, even businesses, and the real world. Many companies and celebrities have been attracted by this development to invest in the virtual land. The Sandbox is a decentralised and open metaverse blockchain platform built on the Ethereum blockchain for users to play to earn and create digital assets.

Nov 2022

The Covid‑19 pandemic has thrust digitalisation and sustainability into the spotlight. Data centres – the backbone of the digital economy – are becoming integral to an increasingly data-driven global economy. This article looks at how Hong Kong’s data centre industry is ready to meet growing demand in the face of climate change.

Oct 2022

The US Bureau of Industry and Security has adopted new controls on American exports of advanced computing and semiconductor manufacturing items to mainland China as part of its ongoing efforts to protect national security and foreign policy interests. Hong Kong companies should pay close attention to the new realities in order to avoid possible violations.

Oct 2022

Five Republican senators are urging President Biden to take immediate action to prevent Huawei from building an advanced semiconductor foundry because “this Huawei-aligned foundry is designed to fatally undermine the U.S. strategy to counter the Chinese Communist Party’s (CCP) bid to dominate global 5G markets and strengthen its intelligence and repression apparatus.”

Oct 2022

Hong Kong's role as a leading business centre in the Asia-Pacific region owes much to its advanced telecommunications infrastructure. The role of telecommunications is especially vital to Hong Kong's competitiveness in this age of electronic commerce. In 2020, the information and communications industry generated HK$93.8 billion (US$12.0 billion) of value added and accounted for 3.7% of Hong Kong’s GDP.

Oct 2022

According to a directive issued by the State Council on deepening institutional reform of the electronics and electrical industry, China will improve both compulsory certification for electronic and electrical products, and network access licensing for telecoms equipment. It will also streamline the energy conservation assessment system and speed up unification of the green product certification and labelling systems.

Sep 2022

China will start implementing rules on internet pop-up push notification services on 30 September. Providers of such services are to be held accountable for managing the contents of their notifications to ensure compliance with the new rules. Service providers must improve content compliance, data security, protection of personal information, and protection of minors.

Sep 2022

Argentina, already in a recession when the Covid-19 pandemic first hit in 2020, has been enjoying a remarkable recovery. However, it’s still facing economic difficulties. This article looks at how the world’s eighth largest country is introducing reforms to rein in its runaway inflation and restore financial credibility, while at the same time looking to diversify trade and investment through its membership of the BRI.

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