Global Sources Mobile Electronics Exhibition opens at the Asia-World Expo building in Hong Kong on Oct. 18. (JG Photo/Heru Andriyanto)
Indonesia to Hold Its Biggest Ever Mobile Electronics Show in December
BY :HERU ANDRIYANTO
OCTOBER 19, 2019
Hong Kong. A major exhibition to facilitate business interactions between buyers and Asian mobile electronics suppliers will be held in Jakarta in December, with at least 400 booths already booked to make it the biggest electronics show ever in the country, an executive with the organizer said in Hong Kong on Friday.
The event is organized by Hong Kong-based trade company Global Sources, which has been running similar events in Asian cities since the early 2000s.
"There will be around 400 booths in the upcoming event. Next year, we will expand to 650 booths in Jakarta," John Kao, the vice president of Global Sources, told the Jakarta Globe.
The Jakarta show will occupy a 7,500-square-meter space at the Jakarta Convention Center on Dec. 5-7, arranged by local subsidiary Global Sources Indonesia.
More than 10,000 potential buyers are invited, mostly traders from Indonesian e-commerce platforms, John said.
John said the time has come for Indonesia to reap benefits from the rapidly growing IT industry, not just as a market but also as an industrial base.
"You know, 40 or 50 years ago Japan supplied the world with a lot of [electronic] products, but then the industry moved to China's Taiwan, Hong Kong, South Korea and Singapore," John said.
"In the past 20 years, the industry has China as its home base, [this is why] China's economy has been enjoying a fast growth. Chinese people have been learning the skills from these electronics companies, and now they're building their own companies. There are so many companies in China now that we believe labor costs are too high for the more export-oriented. So, many Chinese companies are now beginning to move to Southeast Asia, to Indonesia," he said.
John said Indonesia has become a new favorite location for Chinese companies after Vietnam became "fully occupied."
"Indonesia is seen as a new place where these Chinese companies can still boost growth," he said.
John said Global Sources was built from scratch more than 40 years ago, when its main business was producing and distributing thick product catalogs for corporate clients.
The company has now grown into Asia's largest business-to-business media company and a primary facilitator of trade with Greater China.
The company's business is now centered on online marketplaces and apps used by more than 1.5 million international buyers, including 94 of the world's top 100 retailers, but it has also kept printing those brick-like catalogs, John said.
Hong Kong Show
John delivered his remarks on the sidelines of the Global Sources Mobile Electronics exhibition at Hong Kong's Asia-World Expo building.
Considered to be the biggest in the world, the Hong Kong event involved more than 3,700 booths, showcasing all the latest mobile products from wireless chargers that can also function as music players to translation devices that work on dozens of languages to a smart cube that functions as both a TV remote control and a computer mouse.
Hundreds of exhibitioners – most of them Chinese companies – attended the four-day event as Global Sources' verified suppliers to meet buyers from around the world.
Water-resistant smartwatches are offered for as cheap as $9 apiece with a minimum order of 100 pieces at the event. The organizers said direct sales were not allowed during the show with all purchases being directed online.
Audio products occupied a significant space at the exhibition with around 600 booths showcasing headsets, Bluetooth speakers, home audio systems and true wireless stereo (TWS) technology.
Major technology companies from the mainland participating in the trade show included Beidou Industrial Research Institute, Insta360, Orvibo, CoolKit, Shenzhen Home Smart Tech and Broadlink.