Two Hong Kong Electronics Fairs See Attendee Increases
October 24, 2011
Two Hong Kong-based electronics trade shows organized by the Hong Kong Trade Development Council- the 31st Hong Kong Electronics Fairs Autumn Edition and the 15th electronicAsia – both had increases in visitor numbers when they were held Oct. 13-16 at the Hong Kong Convention and Exhibition Centre.
The Hong Kong Electronics Fairs Autumn Edition had 61,399 attendees, a 6-percent increase, compared with last year’s show, and electronicAsia had 34,23 visitors, a 4-percent increase, compared with last year’s show.
Besides Hong Kong, buyers mainly came from the Chinese mainland, Taiwan, the United States, South Korea, Japan, Russia, Australia, Brazil, Germany and India.
With softer markets in the U.S. and Europe, demand for electronics products has shifted to emerging markets, such as South America and Eastern Europe.
To promote the shows, HKTDC organized 130 buying missions that brought in premium buyers from the emerging markets, including Gametec from Russia, the Nikai Group from the United Arab Emirates, Mexbusa from Mexico and the Future Group from India.
“There have been sharp increases in the export of Hong Kong electronic products to emerging markets, particular for the United Arab Emirates, Latin America and India,” said Benjamin Chau, HKTDC executive director.
He added, “In the first eight months of this year, increases in export value of 20 percent to 60 percent have been registered.”
Ibrahim Muslemani, marketing director of Midi Japan from Brazil, came to the shows to source mobile phones, DVD players and GPS systems, among other products.
“I have found many suppliers in the Electronics Fair; the quality is good, the styles are new and many new technological elements have been incorporated into the products,” said Muslemani. “We are going to buy around US$10 million worth of products.”
According to Chau, products that are innovative, mobile communication related, environmentally friendly or focusing on elderly consumers were top sellers.
In October, besides the two electronics fairs, the HKTDC will host the Hong Kong International Lighting Fair (Autumn Edition) at the Hong Kong Convention and Exhibition Centre, as well as Eco Expo Asia Sports Source Asia and the Hong Kong International Building and Decoration Materials & Hardware Fair at AsiaWorld-Expo.
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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