Global Sources' Fall Electronics Show Has 15-percent Booth Increase
August 23, 2011
Booth space at the collocated China Sourcing Fairs: Electronics & Components, Security Products, Solar & Energy Saving Products and Korea Sourcing Fair: Electronics & Components, scheduled Oct. 12-15, has been completely sold out.
When the show opens its doors, attendees will have the ability to peruse 3,800 booths at Hong Kong-based AsiaWorld-Expo, a 15-percent increase, compared with last year’s event.
"Our electronics shows continue to attract the world's top buyers and this is driving demand for exhibitor space at our shows,” said Tommy Wong, president of Global Sources Exhibitions. “This year, we sold out all booths two months ahead of the shows, which is earlier than any of our previous fall electronics events.”
He added, "The global consumer electronics sector is driven by rapid innovation. Consumers want the latest, greatest personal digital electronics, tablet computers, mobile phones, computer peripherals and accessories and this is a win-win-win for our buyers, suppliers and Global Sources.”
In the first five months of 2011, Sales generated from the electronics and information manufacturing industry in mainland China reached approximately $428 billion, representing a year-on-year growth of 21.6 percent, according to statistics released by the Ministry of Industry and Information Technology.
Most of the exhibitors at the upcoming show are from Mainland China, but there also are products coming from Taiwan, South Korea, Malaysia, Japan, India, the Philippines, Australia and Italy, according to show organizers.
Highlights of the four-day event include the iProducts pavilion, which will be twice the size of last year’s and will feature the latest iPhone, iPad and iPod accessories.
Other product pavilions on tap include GPS, telecom, computer, networking products, personal digital electronics, consumer electronics and accessories, home entertainment and equipment, electronic components, interconnection technology, power supplies, wireless products, bags and cases and mobile phones.
Attendance at the October show is expected to be strong.
"Buyer participation at our electronics shows is in a vigorous upturn," Wong said. "Attendance at the spring 2011 show reached 33,549 buyers, up 18.7 percent year-on-year. This increase is the result of a strengthening global economy and an increasing demand for the latest electronic gadgets and components."
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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