ELECTRONICS

While a majority of electronics players expected steady sales for 2016, buyers were generally less optimistic than exhibitors. North America Western Europe and China were seen as the most promising markets. Meanwhile, mobile devices have been usurped by electronic accessories and audio-visual items as the most promising growth products for 2016. Wearable items are also expected to enjoy massive growth, and consumers are now willing to pay a premium for electronic items with smart features. More

Steady growth of the electronics market is expected to continue throughout 2014, as the ubiquity of smartphones and tablets drives the sales of audio-visual products, accessories and wearable electronics. Falling costs have opened up both the commercial and domestic markets to 3D printers, while the increasing global popularity of e-tailing has boosted electronics sales, particularly for medium-priced items. More

Thanks to Hungary’s thriving high-tech sector, especially in the fields of Information and Communications Technology (ICT), electronics always ranks as number one among Hong Kong’s exports to the country. In light of the growing maturity of the Hungarian electronics sector, there may be greater opportunities for Hong Kong companies to help introduce their innovative, practical and reasonably-priced ICT solutions to Asia. More