6th HKTDC Hong Kong International Lighting Fair Attracts 18,000 Buyers
April 21, 2014
More than 18,000 buyers from 112 countries and regions took part in the 6th HKTDC Hong Kong International Lighting Fair (Spring Edition).
The four-day exhibition, held April 6-9 at the Hong Kong Convention and Exhibition Centre, drew nearly 1,100 exhibitors from 14 countries and regions, a new exhibitor record for the fair.
Hong Kong Trade Development Council (HKTDC) Deputy Executive Director Benjamin Chau saidthat buyer attendance from the United States, Canada, Italy, the Netherlands, Thailand and Poland recorded double-digit percentage growth.
The HKTDC arranged for 53 buying missions, counting more than 3,500 international buyers, to visit the fair. These included such major importers and distributors as the US’ Home Depot, the Chinese mainland’s GE Lighting, Malaysia’s ML Lamp & Electrical Supply, Poland’s Zuma Line, Russia’s Ledru and Palantir, and the United Arab Emirates’ Light Vision LLC.
Hong Kong exhibitor SKN Global Ltd presented the worldwide launch of Ford lighting at the fair. Company Managing Director Frank Kauer said the fair had attracted quality buyers from all over the world. “We have received a lot of enquiries from many international buyers, including those from Europe, South Africa, Southeast Asia and the US,” he added.
Jim Hardaway, vice president of lighting brand Viribright, said he expected business to grow by more than 20 percent, despite the continuing drop in LED prices, thanks to improving market conditions in Europe and North America.
Hardaway met with key buyers from the Middle East, Spain, Mexico and Australia, all interested in green lighting products and high efficiency LED lighting. Some of the buyers ordered samples on site.
The Spring Lighting Fair’s Small-Order Zone featured some 400 showcases, offering about 4,000 products.
These were available in minimum orders ranging from five pieces to 1,000. The zone attracted more than 8,300 buyer visits during the four-day fair period, generating over 20,000 business enquiries.
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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