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China CE Sourcing Show To Be Held Next Week

4/06/2004 09:50:00 AM Eastern

Hong Kong — The Electronics & Components Show to be held April 13-15 at the Shanghai Mart will attract top consumer electronics retailers and suppliers, such as Best Buy, Costco, IBM, LG Electronics, Target and Toshiba.

Global Sources Ltd., which produces the show as well as the Gifts & Home Products and DIY & Home Improvement shows in Shanghai during April, is expected to attract buyers from 158 nations.

Merle A. Hinrichs, Global Sources’ chairman/CEO, said that these shows "have placed Shanghai squarely on the map as a key sourcing center for the world’s volume buyers."

The company said that in CE, eight of 10 DVD players shipped worldwide are made in China, and industry experts forecast that one out of five mobile phones sold in 2004 will carry the "Made in China" label.

The WorldWide Retail Exchange (WWRE), which represents 64 large retailers with annual sales of $900 billion, will again participate at these shows.

What are called "Vendor Summits" will be held at the shows, which allows buyers to introduce their companies and outline their sourcing requirements to a group of pre-selected suppliers, thereby saving time and giving buyers privileged access to manufacturers of the specific products they need, the show producer said.

Jim Hamilton, RadioShack’s global sourcing VP, will speak at the Electronics & Components opening ceremony. RadioShack will host a Vendor Summit, as will Kmart.

The conference program will discuss such topics as identifying suppliers for specific products, reducing risks when purchasing products, logistics, and intellectual property rights (IPR) issues. In addition supplier capabilities in China for products such as LCD monitors and TVs, DVD players and mobile phones will be discussed.

For information about the Electronics & Components Show, as well as other China Sourcing Fairs, visit www.chinasourcingfair.com/bd6.