3,500+ Exhibitors at HKTDC’s Electronics Fairs
In mid-April, the Hong Kong Trade Development Council (HKTDC) concluded its Hong Kong Electronics Fair (Spring Edition) and International ICT Expo. The concurrent fairs ran from 13th to 16th April, at the Hong Kong Convention and Exhibition Centre (HKCEC), attracting more than 3,500 exhibitors from 23 countries and regions.
The Electronics Fair, is positioned as the largest spring electronics event in Asia, showcasing more than 2,900 exhibitors from 20 countries and regions, with new exhibitors from Singapore and Spain. New at this edition is a Tech Hall with four themed zones, Connected Home Zone, Robotics & Unmanned Tech Zone, Wearable Electronics Zone and the new Virtual Reality Zone. The ICT Expo featured about 600 exhibitors from 10 countries and regions, including first time exhibitors from Bulgaria, the Czech Republic and Japan.
Startup Zone was introduced at both fairs with more than 100 start-ups from Hong Kong, Mainland China, India, Japan, the U.S. and Taiwan, showcasing their innovative technologies, products and services.
During the four-day fair, more than 94,000 buyers from 138 countries attended, which represents a 1.4% increase over last year. According to the HKTDC, emerging markets including the Mainland China, Brazil, India and Russia recorded double-digit increases.
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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