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South Korea’s overseas shipments rose sharply during the first 10 days of March, reflecting strong global appetite for semiconductors and signalling renewed momentum in the country’s export-driven economy.

Preliminary customs data released in Seoul showed exports climbed 55.6 per cent compared with the same period a year earlier. The jump was led primarily by robust semiconductor demand, reinforcing the technology sector’s role as the backbone of the country’s trade performance and a key barometer for global electronics markets.

The early-month figures indicate shipments reached about $18 billion during the 10-day period, while imports also increased, lifting overall trade activity. Officials said the growth was supported by sustained demand for memory chips used in artificial intelligence servers, data centres and high-performance computing systems.

Semiconductors remained the dominant driver. Chip exports surged as technology companies expanded orders for advanced memory products and high-bandwidth chips required for generative AI infrastructure. South Korea hosts two of the world’s largest memory chipmakers, Samsung Electronics and SK hynix, whose production capacity places the country at the centre of global supply chains for dynamic random-access memory and NAND flash.

Strong demand from the United States and China contributed significantly to the export expansion. Electronics manufacturers in both markets have increased purchases of memory chips and advanced components as artificial intelligence applications, cloud computing platforms and next-generation consumer devices accelerate data processing requirements.

Industry analysts say the sharp rise in early-month shipments reflects a broader recovery in the global semiconductor cycle after a downturn that affected the industry in 2023. Chip prices have firmed as inventories declined and new demand from AI-focused hardware reshaped procurement strategies across the technology sector.

Trade officials in Seoul noted that semiconductors accounted for a large share of the growth during the first 10 days of March. Automotive shipments, petrochemical products and machinery also contributed to export activity, though their gains were more moderate compared with the surge in chip sales.

The semiconductor boom has become a defining feature of South Korea’s export structure. Memory chips alone represent roughly one fifth of the country’s overseas shipments in typical years, meaning fluctuations in global technology demand can quickly influence trade balances and economic growth.

Government economic planners have closely monitored export performance following a prolonged period of volatility in global trade. Geopolitical tensions, supply chain adjustments and shifts in consumer electronics demand have created uneven patterns in the technology sector. Yet the current rise in shipments suggests the industry is entering a new phase of expansion driven by artificial intelligence infrastructure.

Artificial intelligence computing has reshaped the semiconductor landscape, requiring larger volumes of advanced memory chips capable of handling massive data workloads. Companies building AI servers and graphics processors rely heavily on high-bandwidth memory, a specialised product where South Korean manufacturers hold technological advantages.

SK hynix has emerged as a major supplier of such components to global technology companies developing AI hardware. Samsung Electronics has also increased investment in next-generation memory technologies, seeking to expand its share of the rapidly growing market.

Export growth during the early days of March also reflects the continuing strength of South Korea’s manufacturing ecosystem. The country’s industrial clusters integrate chip fabrication, electronics assembly and advanced materials production, enabling manufacturers to respond quickly to surging global demand.

Trade analysts caution that early-month figures can fluctuate because of shipping schedules and the number of working days. Nonetheless, the scale of the increase highlights the powerful influence of semiconductor demand on the country’s export trajectory.

Data from previous months already pointed to an improving outlook for chip shipments. Global technology spending has accelerated as companies race to deploy artificial intelligence models, expand cloud infrastructure and develop advanced consumer devices that incorporate machine learning capabilities.

Demand for high-capacity memory modules and advanced storage solutions has therefore increased across multiple sectors, including data centres, autonomous vehicles and mobile electronics. South Korea’s manufacturers supply a significant portion of these components, giving the country a strategic role in the global digital economy.

Trade patterns also reflect evolving supply chains. Electronics companies have diversified sourcing strategies in response to geopolitical uncertainty, but memory chip production remains heavily concentrated in East Asia due to the specialised infrastructure required for fabrication plants.

South Korea has sought to reinforce its position through large-scale investment in semiconductor research and manufacturing capacity. Authorities have promoted development of semiconductor clusters, expanded tax incentives for chipmakers and encouraged collaboration between industry and research institutions.

ABB said the spending will upgrade and enlarge facilities that produce critical components including switchgear, power distribution equipment and industrial automation systems. The programme is also designed to expand research and development capabilities to support innovation in energy efficiency, smart grid technologies and digitalised industrial processes. Executives say the initiative forms part of a broader strategy to align manufacturing capacity with growing infrastructure investment and the rapid expansion of power-intensive industries.

The company’s expansion covers five manufacturing and engineering sites located in Karnataka, Maharashtra and Gujarat. Upgrades will introduce new automated production lines, enhanced testing laboratories and expanded engineering facilities aimed at designing solutions for electrification, transport networks and digital infrastructure. ABB expects the additional capacity to support large-scale projects ranging from metro rail electrification to the growing network of data centres serving cloud computing and artificial intelligence services.

Demand for equipment linked to renewable energy projects has surged as the country accelerates plans to increase solar and wind generation capacity. Grid-integration technologies, power converters and control systems have become essential as utilities manage fluctuating renewable output while maintaining grid stability. ABB’s investment is intended to strengthen its ability to deliver these solutions domestically while also supporting export markets in Asia, the Middle East and Africa.

Metro rail expansion has emerged as another driver for advanced electrification equipment. Urban transport networks in cities such as Bengaluru, Mumbai, Delhi and Hyderabad are undergoing continuous expansion to address congestion and improve mobility. These projects require reliable power distribution systems, signalling integration and energy-efficient traction equipment. ABB’s manufacturing expansion is expected to help supply such components more efficiently while shortening delivery timelines for large infrastructure contracts.

Data centres represent one of the fastest-growing infrastructure segments globally, and the country has become a major destination for cloud and digital-service investments. Technology companies and telecommunications providers are building large facilities to manage the surge in online services, financial technology platforms and artificial intelligence workloads. These facilities require high-capacity electrical systems, uninterrupted power supplies and advanced cooling solutions, areas where ABB has been expanding product development.

Company officials say the investment will also strengthen collaboration between manufacturing units and engineering teams to accelerate product innovation. Expanded research facilities are expected to focus on digital monitoring systems, predictive maintenance tools and power-management technologies designed to improve energy efficiency across industrial operations. Such innovations are increasingly sought by infrastructure operators attempting to reduce energy consumption and operating costs.

Global industrial groups have been increasing investment in advanced manufacturing and engineering capabilities across the country as infrastructure development gathers pace. Government programmes encouraging domestic manufacturing, combined with demand for electrification technologies, have attracted multinational companies seeking to expand local production while integrating global supply chains. ABB has maintained a presence in the market for more than a century and operates multiple technology centres focused on electrification, robotics and automation.

Industry analysts say electrification and digital automation are becoming central to infrastructure planning as cities grow and industries transition towards cleaner energy systems. Equipment that supports smart grids, energy-efficient manufacturing and automated transport networks is expected to see strong demand over the coming decade. Companies able to integrate digital monitoring with hardware solutions are viewed as particularly well positioned in this evolving landscape.

ABB’s strategy places emphasis on combining electrical equipment with digital analytics to monitor power usage and equipment performance in real time. Sensors, connected control systems and artificial intelligence-based monitoring platforms are increasingly embedded within infrastructure networks. Such technologies allow operators to detect equipment failures early, optimise energy consumption and reduce downtime in critical facilities such as metro systems and data centres.

Competitive Landscape and Market Pressures

Singapore’s storage and moving industry was valued at USD 59.48 billion in 2024. It is projected to grow steadily, reaching USD 100.16 billion by 2033. As demand expands, operators face rising expectations from customers who want clearer quotations, faster responses, careful handling of belongings, and fewer disruptions during moves. These expectations are evolving faster than the industry’s traditional operating models.

“Customers today are more informed and expect clarity and coordination throughout the moving process,” said Liang, Sales Manager of Yi Yun Movers. “Meeting these expectations requires tighter planning and consistent execution, especially in a highly competitive environment.”

Operational Focus Over Marketing Claims

Within this environment, Yi Yun Movers has focused on strengthening its core operations, particularly in areas such as safe handling, flexible scheduling, and end-to-end service coordination. The mover in Singapore provides residential and commercial moving services, along with storage, disposal, and after-hours relocations. These reflect a shift toward accommodating varied customer timelines and operational needs.

Technology as Operational Support, Not Replacement

The moving industry in Singapore is believed to have relatively low service differentiation, making internal efficiency a critical factor. To address this, some firms are beginning to explore how digital tools can support daily operations. Rather than replacing existing workflows, technology is being considered for practical functions, such as route planning, scheduling coordination, and administrative efficiency.

For Yi Yun Movers, this has meant examining how planning and coordination can be tightened without disrupting established on-the-ground processes. The company has taken a cautious approach, focusing on whether digital tools can reduce manual work and improve scheduling accuracy. At the same time, it keeps experienced crews and established handling practices at the centre of operations.

“We’re careful not to introduce changes that add complexity on the ground,” as revealed by Jovi, Operations Manager of Yi Yun Movers. “Any use of digital tools is meant to support planning and coordination, not replace the practical experience of our crews.”

GPS Software for Route Planning and Fleet Management

One of the key digital tools Yi Yun Movers has incorporated is GPS software. This technology helps the company optimise route planning and fleet management by:

• Providing real-time traffic data
• Calculating the most efficient routes
• Tracking vehicles throughout the process

This integration not only ensures faster service delivery but also improves customer communication regarding timeframes. With GPS software, the moving teams can focus on executing their tasks on the ground.

SME Readiness and Incremental Technology Adoption

This measured approach aligns with broader national discussions around small and medium enterprise (SME) readiness for technology adoption. While large-scale automation remains out of reach for many operators, incremental use of digital tools to support planning and coordination is increasingly viewed as necessary to remain competitive without compromising service reliability.

Yi Yun Movers’ experience reflects this wider SME reality. Rather than pursuing large-scale system changes, the company has focused on incremental adjustments that support administrative efficiency and coordination, recognising that readiness varies across teams and that operational continuity remains critical in a service-led business.

Adapting to Evolving Customer Expectations

As relocation activity continues alongside Singapore’s dynamic property and business landscape, operators are navigating tighter margins and higher service expectations. For Yi Yun Movers, the focus remains on maintaining service consistency, careful handling of items, and adapting operations to meet changing customer needs in a highly competitive moving industry.

Looking Ahead

Continued growth in Singapore’s moving and storage sector is shaping how operators manage cost, coordination, and service reliability. With customer expectations evolving alongside broader economic and property trends, operational discipline and adaptability are likely to remain central to how moving firms compete.

Yi Yun Movers intends to refine internal processes and maintain service standards while responding to industry changes pragmatically. This reflects a wider shift among local service providers toward strengthening operational foundations, as the moving industry adapts to a more demanding and competitive environment.

In addition to enhancing route planning and fleet management with GPS software, Yi Yun Movers is exploring the use of AI-Assisted Customer Relationship Management (CRM). By integrating AI-driven CRM tools, Yi Yun Movers aims to automate customer interactions, personalise communication, and improve service delivery.

With these forward-thinking approaches, the company is positioning itself to remain competitive in a rapidly evolving market. This enables its teams to effectively address the evolving needs and expectations of Singapore’s moving and storage sector.
Hashtag: #YiYunMovers

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About Yi Yun Movers

Yi Yun Movers is a Singapore-based moving and storage company. It provides residential and commercial relocation services, along with storage, disposal, delivery, and special handling support. The company’s services also extend to providing manpower for packing, unpacking, dismantling, and assembly.

HKDC Chairman, Mr Joseph Lo, remarked, ‘HKDC has long been committed to supporting local designers and enterprises, driving design to create business value for Hong Kong, and reinforcing the city’s position as a global creative hub. In alignment with Hong Kong’s integration into the national development agenda and the advancement of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) collaboration under the 15th Five-Year Plan, we will continue to strengthen partnerships between Hong Kong’s design sector, the Chinese Mainland, and the international community, leveraging Hong Kong’s unique role as a “super connector” and “super value-adder”. Through flagship programmes, we foster cross-sectoral collaboration and design innovation, and are dedicated to transforming the DX design hub into a cultural landmark for visitors to Hong Kong, further enhancing the competitiveness and influence of the city’s design industry.’

HKDC believes that Hong Kong’s diverse cultural background, world-class cultural infrastructure, and global creative industry network will further reinforce the city’s leadership in the creative industries. Its annual flagship event, Business of Design Week (BODW), will continue to convene world-class designers, brand leaders, and entrepreneurs to foster cross-cultural and cross-disciplinary exchange and business collaboration. The project ‘DX GRAVITY’, developed with the GBA design industry, will promote cross-sectoral creative and commercial synergies.

Meanwhile, ‘Fashion Asia Hong Kong’ will strengthen ties among local, Chinese Mainland, and international fashion communities through strategic showcases, offering valuable opportunities for business growth and global exposure. Together, these initiatives highlight HKDC’s role as the premier platform enabling design brands to go global while attracting international talent and investment.

HKDC will continue to fully support government policy initiatives, working closely with industry stakeholders to advance Hong Kong’s cultural and creative industries, enhance global competitiveness, and position the city as a world‑class creative capital.

Hashtag: #HKDC

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About Hong Kong Design Centre (www.hkdesigncentre.org)

Hong Kong Design Centre is a strategic partner of the HKSAR Government in leveraging the city’s East-meets-West advantage to create value from design.

The major programmes include Business of Design Week, DFA Awards, Fashion Asia Hong Kong and BODW In the City. Since 2024, we have also been operating the DX design hub in Sham Shui Po, dedicated to fostering emerging design talents and facilitating collaborations and exchanges in the design industry, as well as providing visitors an immersive experience through innovative exhibitions, fashion showcases and cultural events.

To achieve our goals, we:

• Cultivate a culture of design
• Bridge stakeholders to opportunities that unleash the power of design
• Promote excellence in various design disciplines

About Cultural and Creative Industries Development Agency (www.ccidahk.gov.hk)

The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to some of HKDC’s activities/projects only, and does not otherwise take part in such funded activities/projects. Any opinions, findings, conclusions or recommendations expressed in this publication and relevant materials/events (or by members of the project teams) are those of HKDC only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Since its launch in 2022, the exhibition has been jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com). The event has supported numerous companies in expanding into overseas markets and has earned strong industry recognition for high-quality buyers, efficient matchmaking, and measurable order results.

In 2026, ACI 2026 will expand in scale and be held concurrently with leading international technology trade shows, including Embedded World, Display Week (SID), COMPUTEX TAIPEI, and ISC High Performance. By aligning with major global exhibitions, the event creates a strong time-synergy effect, enabling international buyers to efficiently compare products, evaluate suppliers, and complete procurement decisions within a concentrated timeframe. This strategic alignment enhances purchasing efficiency and maximizes cross-exhibition business opportunities.

ACI 2026 features a robust lineup of respected Taiwanese manufacturers, including industry leaders such as HIGHGRADE TECH, OKAYO ELECTRONICS, BIPOLAR ELECTRONIC, YNG WEI, YNG YUH ELECTRONIC, ESMT, GOOD OPPORTUNITY ELECTRONIC, MSTRONIC, SUN RISE EXACT, AIRWAVE TECHNOLOGIES, KING DESGIN INDUSTRIAL, CLEVER INTELLIGENCE UNITY, YO-TRONICS TECHNOLOGY, DORIS INDUSTRIAL, REUEX INDUSTRIAL, ARIOSE ELECTRONICS, UNITEX NUNG LAI BUTTON and many more. These companies will present thousands of the latest computer industry products and technologies, covering a wide array of sectors crucial to modern manufacturing and production.

Comprehensive Coverage Across the Entire Industry Chain

The Asian Computer Industry Online Exhibition 2026 brings together dozens of premium suppliers from the global computer manufacturing and electronic components sectors, showcasing over a thousand innovative products and forward-looking technologies. The exhibits are strategically structured around the core value of the industry supply chain, comprehensively covering key system-level products such as desktop computers, laptops and accessories, tablets and accessories, industrial computers and embedded systems, gaming and e-sports equipment, as well as computer software, IT, and internet services.

The ACI 2026 also highlights critical communications infrastructure, including networking equipment, wireless communication devices, telecommunications and fiber access equipment, landline and VoIP systems, and antennas. In terms of key components and supply chain solutions, the showcased products include computer components, storage and memory devices, active components, power supply units, connectors and terminals, cables and cable assemblies, wiring accessories, transformers, batteries, and charging equipment.

In addition, the ACI 2026 features monitors, computer accessories and peripherals, input devices, point-of-sale (POS) systems, printers, plotters and scanners, printer consumables and parts, as well as broadcast and professional AV equipment, audio and video components, consumer electronics accessories and components, and electronic materials and supplies.

Together, these comprehensive categories fully demonstrate the complete ecosystem of the computer industry, spanning system integration, communications infrastructure, core components, and end-use applications. Combining technological depth with product breadth, the exhibition stands as a premier international trade event for efficient business matchmaking and global market expansion among professional buyers and industry stakeholders worldwide.

ACI 2026 Online Exhibition：
https://www.etradeasia.com/online-show/43/Asian-Computer-Industry-Online-Exhibition-2026.html

Innovative Online Exhibition Model

The Asian Computer Industry Online Exhibition 2026 features dedicated online showrooms, digital catalogs, and virtual exhibition halls fully integrated with the TradeAsia platform. Buyers worldwide can browse exhibitor information, submit quotation requests, and conduct procurement evaluations in real time, thereby facilitating efficient, cost-effective, and results-driven global business connections.

Hashtag: #TradeAsia

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About TradeAsia

TradeAsia (www.e-tradeasia.com) is a well-established global B2B trade platform with millions of members and over 600,000 suppliers worldwide. The platform facilitates efficient matchmaking between buyers and sellers and maintains strategic partnerships with hundreds of trade organizations and exhibition entities globally. Through cross-platform marketing and integrated exposure, TradeAsia provides suppliers with expanded international visibility and multi-channel promotion opportunities. For ACI 2026, the organizers will implement a comprehensive global marketing campaign to support exhibitors in expanding overseas markets, enhancing brand presence, and maximizing business opportunities.

As one of HKPC’s key annual initiatives promoting Artificial Intelligence (AI) and talent development, the job fair attracted over 2,000 tertiary students, fresh graduates and job seekers from across the Guangdong-Hong Kong-Macao Greater Bay Area. The event brought together more than 50 leading enterprises, organizations and government departments, offering over 10,000 quality job opportunities in key areas of new productive forces such as AI and STEAM. The event successfully established an efficient two-way talent matching platform and demonstrated HKPC’s commitment to implementing a talent-driven development strategy through concrete action.

The Job Fair also served as a core event funded by the Innovation and Technology Commission’s “New Productive Forces Talent Programme”. The event received strong support from more than 30 organisations, including the Hong Kong Talent Engage, the Labour Department, the Federation of Hong Kong Industries, the Hong Kong Quality and Talent Migrants, as well as various tertiary institutions. The opening ceremony was held in the morning, with officiating guests including Dr Lawrence CHEUNG, Chief Technology Officer of HKPC; Miss Rosalind CHEUNG, Assistant Commissioner for Innovation and Technology (Funding Schemes) and Ms. Karen FUNG, Chief Marketing Officer of HKPC.

At the opening ceremony, Dr Lawrence CHEUNG emphasised: “This year marks the beginning of the 15th Five-Year Plan and represents a golden opportunity for Hong Kong to leverage its strengths and align with national strategies. We must seize this opportunity to attract talent from around the world and develop new productive forces with Hong Kong characteristics. This Job Fair not only serves as a bridge connecting job seekers and enterprises but also provides an important platform to showcase how new productive forces can lead Hong Kong’s future development. Over the past two years, the “New Productive Forces Talent Programme” has organised a series of courses and technology study tours, and trained more than 1,000 participants.”

In a subsequent sharing session, Mr. Brian WONG, Chief People and Culture Officer of HKPC, delivered a presentation titled “HR as the AI Change Agent: Driving Enterprise-wide AI Transformation.” He pointed out that the success of corporate transformation in the AI era hinges on whether human resources (HR) can effectively play the role of change drivers. He shared several practical strategies, including how to cultivate AI engineers and talent in related fields. He emphasised that a company’s talent strategy should not be limited to technical skills training but should also focus on nurturing high-level thinking and innovative capabilities in talent, driving the company to adapt to rapidly changing markets and achieve robust transformation.

HR Leaders Praise Platform Value; Strong On-site Talent Matching

This year’s Job Fair featured a strong lineup of exhibitors, including Huawei International Hong Kong, Alibaba Hong Kong, Cathay Pacific Services Limited, The Bank of East Asia, EY and PwC, as well as government departments such as the Labour Department. Job opportunities covered key roles such as AI Consultant, Digital Transformation Specialist, Solutions Engineer and Digital Marketing Officer. Dedicated graduate programmes and internship opportunities were also offered, meeting the employment needs of a wide range of talent while providing companies with an important platform to recruit high-quality professionals in emerging technology sectors.

The atmosphere at the venue was vibrant, with many companies arranging on-site interviews, enabling job seekers to enjoy a seamless “one-stop interview” experience. HR representatives from participating companies highly praised the effectiveness of the event. Mr. Ryan Tang, Head of Personal Banking & Wealth Management Technology, Bank of East Asia, said: “The Job Fair attracted many professionals with experience in AI and technological transformation. I was very pleased to interact with them on site. Some candidates possess skills that match the bank’s needs, effectively strengthening our core talent pool.” Ms. Erica Kwan, Head of Business Development and Marketing, HSM Industrial Solution Company, said: “This Job Fair has improved our efficiency in recruiting digital and technical talent, enabling job seekers to connect more precisely with professional pathways in new industrialisation and become an important driving force for Hong Kong’s new productive forces.”Ms. Natalie Yuan, Co-Founder and Chief Operating Officer of First Resume, remarked: “Job seekers on site showed a strong desire to enhance their job-hunting skills in the era of new productive forces. We look forward to deepening our collaboration with HKPC in the future to help talent strengthen their competitiveness.” Job seekers also widely noted that the event not only brought together a large number of quality job opportunities but also allowed them to communicate directly with company representatives and receive free career support, helping them better understand the talent requirements of emerging technology sectors and plan their future career development paths.

AI-Powered Services Enhance the Job-Seeking Experience

To help job seekers stand out in the competitive job market, the Job Fair continued to provide a wide range of free and comprehensive career support services. Among them, complimentary professional headshot photography remained one of the most popular services, helping many participants obtain professional photos suitable for job applications. At the same time, AI-powered CV optimisation, AI mock interviews, and one-on-one CV consultation services were also highly welcomed by participants. Multiple industry seminars and practical workshops were fully booked, covering topics such as “Applications of AI in Recruitment”, “AI Career Opportunities in the Finance and Technology Sectors”, and “100 Days of AI Transformation: Entering the Finance and Technology Industries”. Industry experts shared valuable job-hunting skills and insights into industry trends. In addition, the Job Fair introduced a new “Start–up Zone“, allowing job seekers to engage directly with local startup entrepreneurs and broaden their innovative thinking. The founder of the startup CanTone said, “This event allowed more people to learn about our entrepreneurial vision, and it also helped us recruit student interns, enhancing our startup’s competitiveness.” The “Maker Workshop“ also attracted many participants, who operated equipment such as 3D printers and laser engraving and cutting machines under the guidance of professional instructors, experiencing the appeal of innovation and technology manufacturing and further stimulating their interest in exploring the field of new productive forces.

HKPC has long been committed to cultivating talent with strong competitiveness for the Greater Bay Area. Through the integrated model of “job matching + career support + industry exchange”, the Job Fair not only helps enterprises address their talent needs but also enables job seekers to seize the opportunities presented by the development of new productive forces and achieve high-quality employment.

In the future, HKPC will continue to build diversified talent exchange and matching platforms while further enhancing the talent development ecosystem in the field of new productive forces.

Photo Captions:

1. Dr Lawrence CHEUNG, Chief Technology Officer of HKPC, delivered welcome remarks at the opening ceremony of the “New Productive Forces” Job Fair 2026, noting that the Job Fair not only connects job seekers and enterprises but also showcases how new productive forces can lead Hong Kong’s future development.
2. Dr Lawrence CHEUNG, Chief Technology Officer of HKPC (Middle) and Miss Rosalind CHEUNG, Assistant Commissioner for Innovation and Technology (Funding Schemes) (Right) and Ms. Karen FUNG, Chief Marketing Officer of HKPC (Left), officiate the opening ceremony of the “New Productive Forces” Job Fair 2026.
3. Guests of honour, supporting organisations, representatives from institutions and associations witnessed the grand opening of the “New Productive Forces” Job Fair 2026.
4. The Job Fair attracted a large crowd and brought together more than 50 leading enterprises, organisations and government departments, offering over 10,000 quality positions in key areas of new productive forces such as AI and STEAM.

Hashtag: #HKPC

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About the Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical , assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

For more information, please visit HKPC’s website: www.hkpc.org/en.

The Food Expo PRO open exclusively to trade buyers on the first two days, and welcome public ticket-holders on 15 August. The concurrent Hong Kong International Tea Fair will be open to both trade buyers and public ticket holders for all three days. The 2025 edition gathered some 18,500 buyers from 64 countries and regions. Buyers are mainly importers, wholesalers, distributors, hotel groups, restaurants, clubhouses, and retail leaders such as department stores, as well as e-tailers. Apart from Hong Kong, buyers came from Chinese Mainland, Taiwan, Japan, Korea, as well as ASEAN countries, including Cambodia, Malaysia, the Philippines, Thailand, and Vietnam, among others, highlighting Hong Kong’s significant role as a key food trade hub globally.

Reserve a booth now to extend industry network: https://tinyurl.com/57zd6hx9
Register a buyer badge to source quality products: https://tinyurl.com/4nhckk3h

Food Expo PRO: new Meat zone debut

Positioned strategically at the heart of Asia, coupled with its exceptional logistics services and adept supply chain management, Hong Kong serves as a promising platform for global food manufacturers to extend their reach into markets across Chinese Mainland and the broader Asian region. As a renowned culinary capital of Asia, Hong Kong is also home to a thriving food services industry that captivates locals and visitors alike.

Food Expo PRO aims to strengthen Hong Kong’s position as a business hub for the food industry in Chinese Mainland, Asia, and the world. As a pioneer in the F&B industry, the Expo has always kept a close eye on several key trends and innovation in order to capture the evolving dynamics of the food industry.

This year, Food Expo PRO will introduce a new Meat product zone to spotlight the dynamic meat sector and meet rising demand for premium, diverse, and innovative meat offerings. The zone will showcase a wide range of high-quality meat products, including chilled and frozen meats, processed meats, specialty items, and value-added solutions from global and regional suppliers. It aims to connect exhibitors with professional buyers seeking opportunities in premium proteins, sustainable sourcing, and market trends in the Greater Bay Area and beyond.

Recognising the promising landscape of the Halal Market, the Expo introduced a dedicated Halal food and beverage label in 2024, bringing a diverse variety of Halal certified products ranging from snacks, condiments to seafood. In 2025, more than 120 food suppliers showcased halal products from around the world. A seminar will guide through the importance and the progress of promoting halal-friendly environment in Hong Kong. This session will explore the growing demand for halal products and the standard.

Highlighted zone “Food Science and Technology” brings alternative food and future food products to the professional buyers. The Coffee zone, debuted last year, will showcase coffee products, accessories, and machines from various origins. Events such as coffee demonstrations and seminars covering the coffee value chain will also be held concurrently.

Food Expo PRO also features a variety of seminars and forums covering the latest developments and market opportunities in the food industry. The Food Tech Symposium will focus on the latest technological advancements transforming the sector. The discussion will cover how new technologies can enhance efficiency and quality, benefiting both producers and consumers.

Hong Kong International Tea Fair: Brewing opportunities in tea business

The concurrent Hong Kong International Tea Fair is Asia’s premier marketplace for the tea industry, showcasing a variety of high-quality specialty teas, delicate teaware and tea related products. Building on the positive feedback from adopting the B2B2C format in 2025, which attracted over 500,000 visits together with the four concurrent fairs, the 2026 Tea Fair will once again open to the public during the three-day exhibition period, bringing the rich culture of tea to a wider audience.

To capture the evolving trends in the tea industry, the 2025 edition featured a diverse variety of new-style tea beverages such as sparkling tea, Kombucha, non-alcoholic wine-tea concoction beverage, herbal tea and yuenyeung in a capsule. A thematic zone “Friends of Tea” also presented tea-related lifestyle products such as tea-pairing food and tea perfume. The 2026 edition will strengthen the zone to enrich the overall visiting experience of public tea lovers.

Each day at the fair is filled with different activities and events. The 2026Hong Kong International Tea Culture Forum will be organised, with the purpose of creating an international platform for communication, promoting tea culture, and driving the international development of the tea industry. The China and Greater Bay Area KamCha Competition 2026 (Hong Kong Milk Tea) – Hong Kong Final will be held during the Hong Kong International Tea Fair, aiming to select the top Hong Kong-style milk tea masters, showcase the skills and unique flavours of Hong Kong-style milk tea production, and promote Hong Kong-style milk tea culture. Other events, such as the Guangdong-Hong Kong-Macau Youth International Tea Art Competition 2026, Youth Tea Ceremony, Tea Tasting Sessions and Tea Art Performances, offer an immersive exploration of tea’s rich history and latest trends.

The International Tea Event Space Design Competition 2026continues to promote tea culture. Participants can present their creative tea-serving space designs through the competition, and the shortlisted designs will be displayed and judged during the fair. Another fair highlight is the Hong Kong International Tea Fair Tea Competition. Exhibitors’ teas will be judged in six categories: Green Tea, Oolong Tea, Black Tea, Chinese Black Tea, Raw Pu’er, Others. The entries will also compete for “The Best Aroma Award” and “The Best Taste Award”. Visitors can enjoy free tea tasting of winning teas during the Fair.

The two fairs will continue to adopt the HKTDC’s EXHIBITION+ model that integrates online and offline elements, extending face-to-face interactions from physical events to smart business platform, Click2Match, which will be open to participants from 6 to 22 August.

In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA), together with the HKTDC and ten scientific research institutions and industry associations, will be held at the Hong Kong Exhibition and Convention Centre on 13 and 14 August to deliver professional traditional Chinese medicine insights into the industry.

Websites:

Concurrent public fairs:

Hashtag: #HKTDC #FoodExpoPRO #HongKongInternationalTeaFair

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Scorching temperatures across Southeast Asia are expected to intensify electricity demand just as geopolitical turmoil in the Middle East disrupts global fuel supply, raising concern among policymakers and utilities about potential power shortages and higher costs across the region.

Meteorological agencies across several ASEAN countries warn that the coming early-summer period is likely to be warmer than the seasonal average, a pattern linked to persistent climate warming and regional weather anomalies. Rising temperatures typically trigger sharp increases in electricity use as households and businesses rely heavily on air-conditioning and cooling systems, placing additional strain on national power networks.

Energy markets are simultaneously grappling with the fallout from escalating conflict in the Persian Gulf. Fighting involving Iran has disrupted shipments of crude oil and liquefied natural gas through the Strait of Hormuz, a narrow maritime passage that handles a significant share of the world’s energy trade. Roughly one-fifth of global oil shipments and a substantial portion of LNG exports move through the corridor, making any disruption particularly significant for Asian import-dependent economies.

Oil prices surged above $100 a barrel as the conflict intensified, while supply interruptions and fears of a prolonged disruption triggered volatility across energy markets and financial exchanges. Governments across Asia have begun implementing emergency measures aimed at cushioning the economic shock and preventing shortages.

Countries in Southeast Asia are especially vulnerable because many rely heavily on imported fuels to power electricity generation. Natural gas and coal dominate power production across the region, with LNG imports playing a critical role in balancing demand during peak consumption periods. Any disruption to shipping routes or supply chains therefore has immediate implications for electricity prices and grid stability.

Power demand across the region has been rising steadily for years due to economic expansion, population growth and increasing use of cooling appliances. Analysts estimate electricity demand in Southeast Asia is growing by about 4 per cent annually, largely driven by air-conditioning use during hotter weather and expanding industrial activity.

Energy planners warn that the convergence of extreme heat and constrained fuel supply creates a difficult balancing act. Utilities must maintain adequate generation capacity while managing the rising cost of imported fuels, particularly LNG, which is often purchased on volatile spot markets.

Several governments have already moved to conserve energy. Bangladesh advanced the closure of universities during the Ramadan period as part of a plan to reduce electricity consumption, while authorities redirected natural gas supplies to power plants to maintain generation. The country depends heavily on imported fuel and has turned to expensive spot LNG cargoes to stabilise supply.

Other Asian economies have taken similar steps. South Korea has capped domestic fuel prices and warned against panic buying, while Japan is examining options including strategic reserve releases to offset the shock from rising crude prices.

Energy traders say the situation is already tightening fuel availability across the region. With several producers in the Gulf facing infrastructure disruptions or export constraints, cargoes are being diverted and prices for both crude and LNG have climbed sharply. Countries with weaker purchasing power risk being outbid by larger economies competing for limited supply.

Electricity demand is expected to climb even further in the coming years. Global consumption is forecast to keep expanding as economies electrify transport, digital infrastructure and industry. Data centres, artificial intelligence systems and urbanisation are adding new layers of demand across emerging markets.

Within Southeast Asia, the growth of digital infrastructure is becoming an additional pressure point. Rapid expansion of data-centre capacity is expected to multiply electricity requirements over the next decade, creating a new base load for national grids even before accounting for seasonal surges in cooling demand.

Energy experts say the current supply disruption illustrates the strategic vulnerability created by dependence on imported fossil fuels. A large share of oil and LNG used across Asia originates in the Gulf region, making the area’s geopolitical stability central to electricity security thousands of kilometres away.

The pressure has revived debate over the pace of renewable-energy deployment across ASEAN economies. Governments have pledged to expand solar, wind and hydropower capacity to cut carbon emissions and reduce fuel imports. Yet analysts warn that when supply shocks hit, authorities often prioritise short-term reliability over long-term climate targets, sometimes extending reliance on coal or other conventional fuels.

Utilities across the region are therefore preparing contingency plans for the peak summer period. Grid operators are examining reserve margins, arranging additional fuel cargoes where possible and urging consumers to moderate electricity use during peak hours.

Energy ministers across Asia have also intensified regional consultations on energy security, discussing coordinated responses such as shared fuel storage, joint procurement arrangements and accelerated development of cross-border power connections.

“The OPPO Find N series has always led the foldable market by being on the front end of innovative technologies,” said Pete Lau, Senior Vice President and Chief Product Officer at OPPO. “With Find N6, we have achieved a major breakthrough in hinge architecture and display materials. By introducing the industry’s first Zero-Feel Crease, we are opening up new possibilities for what a foldable smartphone experience can be.”

Since the first days of foldable technology, screen creases have always been a key user concern, taking something away from the natural appeal of foldable devices’ fuller displays. The OPPO Find N Series has relentlessly pursued solutions. In 2021, the original Find N reshaped the foldable experience with its pioneering waterdrop Flexion Hinge, turning deep, noticeable creases into something subtle and shallow. Since then, each successive generation has refined this technology, leading the industry in both visual and tactile smoothness.

Find N6 marks a leap forward with its Zero-Feel Crease, allowing users to be fully immersed in an expansive, large-screen experience with seamless visuals and smooth touch response. And even better, it’s built to stay that way, keeping flat and smooth even after years of use.

Building on its predecessor’s ultra-slim legacy, Find N6 is among the thinnest book-style foldables on the market. It rivals conventional bar-style flagship smartphones in ergonomics, offering a comfortable, fatigue-free grip even during extended use. The refined, symmetrical Cosmos Ring houses the all-new 200MP Hasselblad Ultra-Clear Camera, delivering professional-grade imaging without the typical bulk of a massive camera protrusion.

Find N6 will be available in two stunning colorways: the deep, classic Stellar Titanium and the vibrant Blossom Orange. To achieve a perfectly uniform rose gold finish on the titanium alloy hinge casing, Find N6 in Blossom Orange features Gold Hinge Trim that utilizes a precise gilding technique incorporating genuine gold, adding a touch of timeless luxury to its durable titanium frame.

To further boost productivity, Find N6 supports OPPO AI Pen so users can take full advantage of the bigger screen. More than just a stylus, it is an AI-powered tool that turns Find N6 into a true mobile workstation, helping users accomplish more with integrated intelligent features.

Stay tuned to discover more about OPPO Find N6 at the upcoming global launch.

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About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services. OPPO has footprints in more than 70 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.