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Associated Press
18-04-2025
- Business
- Associated Press
InnoEX and Spring Electronics Fair Attract Some 88,000 Global Buyers
Low-altitude economic solutions highly popular with many industries actively exploring business opportunities - The 3rd InnoEX and 21st Spring Electronics Fair concluded successfully today, attracting some 88,000 buyers from 148 countries and regions. - One of the highlights of this year's InnoEX were the low-altitude economic solutions, which generated significant interest and attracted enquiries and business discussions from global buyers, including those from emerging markets. - Over half of InnoEX and Spring Electronics Fair respondents intend to expand into emerging markets, including ASEAN, Mainland China and the Middle East. - 40% survey respondents at the Spring Electronics Fair expect their overall sales to increase in the next one to two years, while half of all respondents are confident that they can maintain the current level. HONG KONG - April 18, 2025 ( NEWMEDIAWIRE ) - The 3rd InnoEX, co-organised by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), alongside the 21st HKTDC Hong Kong Electronics Fair (Spring Edition), concluded successfully today. The four-day exhibitions attracted some 88,000 buyers from 148 countries and regions. Apart from local visitors, the fairs welcomed buyers mainly from Mainland China, India, Japan, Korea and Taiwan. Sophia Chong, HKTDC Deputy Executive Director, said, 'As the two core events of the Business of Innovation and Technology Week (BIT Week), InnoEX and the Spring Electronics Fair attracted some 88,000 visitors from Hong Kong, Mainland China and overseas. By showcasing the latest smart solutions and R&D achievements to international buyers, exhibitors initiated numerous regional business collaborations and discussions, while exploring new markets successfully. The exhibitions further advanced Hong Kong's development as an international I&T hub and reinforced its status as a global trade centre, demonstrating Hong Kong's advantages of connecting with both the Mainland and the world.' This year's InnoEX focused on five major technology areas, namely the low-altitude economy, AI, robotics, cybersecurity, and smart mobility, aiming to address pain points for both large and small and medium-sized enterprises and bring new development opportunities for them. Among the technology solutions, the low-altitude economy was particularly popular, attracting the attention of many buyers. InnoEX brought together the latest innovative R&D and solutions from around the world. The Smart Hong Kong Pavilion, set up by the Digital Policy Office, had over a hundred I&T achievements closely related to the lives of citizens, including I&T solutions from 20 government bureaux and departments, and award-winning solutions from multiple I&T competitions. In addition, there were multiple local pavilions, 17 pavilions from 16 provinces and municipalities in the Mainland, and overseas pavilions, including from Canada and the United Kingdom, the French 'So French So Innovative' pavilion, and the Smart Cities Council from Australia. The fair also attracted tertiary institutions and big companies which participated as independent exhibitors, including China Mobile Hong Kong, Huawei, IBM, and more. The exhibitors showcased their technological solutions in different fields and successfully attracted many buyers to discuss cooperation. Exhibitors expand into new markets while buyers actively source Zeng Quanhong, Manager of Marketing Department, Vertaxi, stated that the company showcased its electric vertical take-off and landing (eVTOL) aircraft at InnoEX, establishing relationships with some 30 potential buyers from ASEAN, Canada, Europe, India, UAE, and Hong Kong. 'InnoEX is a quality platform with high foot traffic which has broadened our horizons. For example, after communicating with buyers from Thailand, we learned that the aircraft could be applied to local tourism services in Thailand, helping us explore new markets. Our participation this year was very successful, and we will definitely return next year.' Australian buyer Spacious Property Development Group (Spacious) looked for technologies that can help reduce hotel operating costs at InnoEX, and was particularly interested in automated delivery robots, cleaning robots, and vending machines offered by exhibitors from Mainland China and Hong Kong respectively. Angela Liang, Managing Director of Spacious, said, 'InnoEX provided us with an excellent opportunity to introduce innovative technologies to the Australian market, especially now that the United States has increased tariffs, prompting suppliers around the world to actively explore other new markets.' In addition, some exhibitors successfully established important partnerships through InnoEX. Among them, Philippine buyer Digital Pilipinas and International Digital Economies Association signed a distribution agreement with the United Kingdom's exhibitor to introduce smart card system for buildings to the Philippines, with hopes of expanding into other emerging markets in the future. Xi'an Meinan Biotechnology Co. Ltd also signed a strategic cooperation agreement with H & Y Building Decoration Electrical Engineering (HK). The partnership aims to enhance the quality of construction projects in Hong Kong and internationally by utilising Meinan's waterproof mortar technology, promoting sustainable development. The Spring Electronics Fair showcased a variety of products, focusing on products and solutions in the fields of smart home, health tech and wearable devices and the exhibition attracted buyers from around the world and helped exhibitors expand into new markets. Many companies launched new products at the Electronics Fair, including Guangzhou's Havit Technology, which introduced a hat with headphone functionality utilising air conduction technology and a patented design. Qingdao's Thunderobot Technology, a subsidiary of Haier Group, made its debut in Asia outside of Mainland China with its smart glasses. At the fair, Shenzhen Antop Technology Co. from Mainland China, showcased air purifiers designed for households with pets. The company's International Business Development Manager, Bojia Yang, said, 'In the past, the US market accounted for over 80% of our business. With the increase in US tariffs, we are actively expanding our global operations and exploring new markets, targeting Asia, Europe, and South America. We have made contact with many potential buyers from India and South America at the exhibition, and in the first two days, we received about 50 potential leads, with at least one third showing significant collaboration potential.' The company is also discussing a contract for an order valued at approximately USD2.5 million. Additionally, Hong Kong medical technology exhibitor CYBERMED, is currently discussing business deals with two buyers from Mainland China and the Middle East, with each order valued at approximately USD200,000. American buyer DeWalt Mobile Solutions, which produces and sells mobile phone accessories, sourced products at Spring Electronics Fair. Its Director of International Operation, Danny Lo, said, 'We are a leading brand in the US and plan to purchase products worth USD500,000 to USD1 million at the electronics fair. Face-to-face communication with suppliers during this crucial sourcing time and discuss business in response to the tariff situations with them was especially important for us.' Four thematic days to explore the latest industry developments, with industry leaders sharing their insights During InnoEX and Spring Electronics Fair, several conferences and seminars focused on hot technology topics were held, including the Tech-Driven Industry and Economy Conference, powered by the HKSAR Government's Office for Attracting Strategic Enterprises, which brought together government officials from various countries and regions to discuss how policy measures can promote industrial development. Participants also shared successful policy measures and emerging trends in various countries. Talent is crucial to promoting the development of the I&T ecosystem and, this year, InnoEX and the Spring Electronics Fair jointly hosted 'Exhibitors Meet Talents' to assist exhibitors in recruiting professionals and attract people who were interested in exploring job opportunities and engage with employers in the I&T industry. Half of respondents intend to expand into emerging markets To further understand the development trends of the I&T and electronics industries, HKTDC appointed an independent survey agency to interview 315 InnoEX and 642 Spring Electronics Fair exhibitors and buyers during the exhibitions. The key results are as follows: InnoEX and Spring Electronics Fair - 50.7% of respondents from InnoEX and Spring Electronics Fair expressed their intention to expand into emerging markets, including ASEAN countries, Mainland China and the Middle East. InnoEX - 33% of respondents believe that the greatest strength of Hong Kong's innovation and technology sector is its unique position as an intermediary between the world and Mainland China. This s followed by having a highly skilled and multicultural talent pool (25.1%) and a robust and efficient financial market (24.6%). - 68.8% of surveyed Hong Kong exhibitors believe that FinTech is the strongest and most advantageous field of I&T in Hong Kong, followed by Smart Cities (18.2%). Spring Electronics Fair - 40% of respondents expect their companies' overall sales to increase in the next one to two years. Additionally, 50.5% expect to maintain the current overall sales figures, while less than 10% anticipate a decline. - Nearly 30% of respondents believe that compared to traditional electronic products and household appliances, consumers are willing to pay a premium of 21% to 30% more for products that are compatible with smart home or AI applications. In addition, the 2nd Hong Kong World Youth Science Conference brought together top experts, including Nobel Prize winning scholars, to discuss various innovation and science fields. The World Internet Conference Asia-Pacific Summit, held in Hong Kong for the first time, also attracted nearly a thousand participants from all over the world to discuss the latest trends in areas such as AI, digital finance, digital government and smart living, creating synergies with BIT Week events. Photo download: Websites InnoEX: Hong Kong Electronics Fair (Spring Edition): Media enquiries Yuan Tung Financial Relations: HKTDC's Communications & Public Affairs Department: About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit:
South China Morning Post
17-04-2025
- Business
- South China Morning Post
Chinese developers of drones, flying taxis set sights on US, even with high tariffs
Chinese developers of small aircraft for uncrewed low-altitude cargo and passenger flights are exploring foreign markets for long-term diversification, including the United States despite newly imposed 145 per cent import tariffs. Advertisement An expected rise in demand abroad has put countries from Brazil to the United Arab Emirates on the radars of Chinese firms that make everything from drones the size of a tablet PC to self-piloting e-taxis that can seat a person. 'The acceptance rate is higher [overseas] than in China,' said Lu Yong, production director with He Fei Hei Airlines, a Chinese company working in a joint venture to build automated helicopter-like pods for aerial tourism. 'They think it's a new product.' His company has already sold its aircraft to 19 countries including Mexico, Spain and Thailand. He Fei Hei Airlines, based in eastern China's Anhui province, showed videos of the aircraft in action alongside 2,800 other exhibitors at the InnoEX tech show in Hong Kong this week. Some Chinese exhibitors had their sights on the American market, notwithstanding US President Donald Trump's imposition of record-setting import tariffs this month. Advertisement Shenzhen Zero Zero Infinity Technology has long sold its drones in the US as well as Europe, and plans to stay in both places, a company spokeswoman said. The firm is banking on its drones' quick take-off speeds and use of artificial intelligence to capture a share of the market. Competitive pricing could also support Chinese low-altitude aircraft sales abroad, said Jayant Menon, a senior fellow at the ISEAS-Yusof Ishak Institute in Singapore.
South China Morning Post
17-04-2025
- Business
- South China Morning Post
Chinese developers of low-altitude aircraft set sights on US, even with high tariffs
Chinese developers of small aircraft for uncrewed low-altitude cargo and passenger flights are exploring foreign markets for long-term diversification, including the United States despite newly imposed 145 per cent import tariffs. Advertisement An expected rise in demand abroad has put countries from Brazil to the United Arab Emirates on the radars of Chinese firms that make everything from drones the size of a tablet PC to self-piloting e-taxis that can seat a person. 'The acceptance rate is higher [overseas] than in China,' said Lu Yong, production director with He Fei Hei Airlines, a Chinese company working in a joint venture to build automated helicopter-like pods for aerial tourism. 'They think it's a new product.' His company has already sold its aircraft to 19 countries including Mexico, Spain and Thailand. He Fei Hei Airlines, based in eastern China's Anhui province, showed videos of the aircraft in action alongside 2,800 other exhibitors at the InnoEX tech show in Hong Kong this week. Some Chinese exhibitors had their sights on the American market, notwithstanding US President Donald Trump's imposition of record-setting import tariffs this month. Advertisement Shenzhen Zero Zero Infinity Technology has long sold its drones in the US as well as Europe, and plans to stay in both places, a company spokeswoman said. The firm is banking on its drones' quick take-off speeds and use of artificial intelligence to capture a share of the market. Competitive pricing could also support Chinese low-altitude aircraft sales abroad, said Jayant Menon, a senior fellow at the ISEAS-Yusof Ishak Institute in Singapore.
Associated Press
14-04-2025
- Business
- Associated Press
The 3rd InnoEX Officially Kicked Off Today With the Low-Altitude Economy Taking Centre Stage
Electronics Fair Runs CFoncurrently Showcasing Cutting-edge Products and Solutions - The 3rd InnoEX, themed 'Innovate-Automate-Elevate', opens today and runs for four days - The exhibition focuses on low-altitude economy, smart mobility, AI, robotics and cybersecurity, showcasing intelligent solutions to address industry pain points and unlock new business opportunities - The Smart Hong Kong Pavilion, established by the Digital Policy Office, features over 100 innovative projects - The 21st Hong Kong Electronics Fair (Spring Edition), held alongside InnoEX, spotlights smart home, health tech and wearable devices HONG KONG - April 14, 2025 ( NEWMEDIAWIRE ) - The 3rd InnoEX, co-organised by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), opened today (13 to 16 April) at the Hong Kong Convention and Exhibition Centre and held concurrently with the 21st Hong Kong Electronics Fair (Spring Edition) (EFSE). The two exhibitions feature more than 2,800 exhibitors from 29 countries and showcase intelligent solutions to address industry pain points and unlock new business opportunities. Professionals from the innovation and technology sector, investors, trade buyers and end users from various industries including SMEs are invited to visit and source. InnoEX and the EFSE are the highlight events of the Business of Innovation and Technology Week (BIT Week). During the opening ceremony of BIT Week, Paul Chan, Financial Secretary of the HKSAR Government, gave opening remarks while Margaret Fong, HKTDC Executive Director, gave a welcome speech. Margaret Fong said, 'BIT Week is more than just a series of events, but a testament to Hong Kong's role as an international innovation and technology (I&T) hub. Hong Kong's strategic location, world-class infrastructure, and business-friendly environment make it an ideal destination for cutting-edge research, investment, and entrepreneurship. Margaret Fong also mentioned that this year's InnoEX has over 500 exhibitors from 17 countries and regions, representing a diverse lineup of world-class innovators, R&D centres, and technology pioneers. Japan, Thailand and the UK have expanded their participation, and welcomes first-time participation from Australia, Luxembourg, Malaysia, Sweden and the UAE, enhancing the international stature of the fair. Alongside InnoEX is the EFSE which is showcasing the latest in consumer electronics to international buyers. InnoEX spotlights Mainland China low-altitude economy solutions and robotics InnoEX and the EFSE bring together pavilions and exhibitors from Hong Kong, Mainland China, Macao and other regions across Asia- including ASEAN members, as well as the Middle East, Europe, the Americas, Africa and Oceania. InnoEX focuses on the most popular and anticipated technology fields in the market, covering areas such as the low-altitude economy, smart mobility, AI, robotics, and cybersecurity, showcasing various smart solutions. Paul Chan, Financial Secretary of the HKSAR Government and Professor Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government visited exhibitors at InnoEX and showed their support. Professor Sun Dong also hosted the InnoEX welcome dinner last night, attended by exhibitors, buyers and industry representatives. As Hong Kong is actively developing the low-altitude economy, InnoEX brings several rapidly developing drone and aerial car companies to showcase their solutions. Among them is Shanghai-based Vertaxi (Booth: 3B-B02A), whose drones have supported flood relief operations in Mainland China. Sichuan-based Aerofugia (Booth: 3B-B03) also introduces its electric aerial car in InnoEX. In terms of smart mobility, Hong Kong's Novautek Autonomous Driving Limited (Booth 3E-B11) presents an unmanned vehicle capable of delivering food and parcels, even in adverse weather and on steep slopes. The use of artificial intelligence has become widespread and across various industry sectors. Cyberport has brought TradeMonday (Booth 3D-A01) to demonstrate a data analytics platform for the retail sector, helping SMEs gather competitors' intelligence and refine market strategies. Demonstrating the rapid advancement of robotics, Guangdong pavilion's High Torque (Booth: 3E-B01) unveiled a 10kg humanoid robot that can walk, jump and overcome obstacles. Universities use this robot for hands-on programming training, helping students develop coding skills. As Cybersecurity is becoming increasingly important, Hong Kong exhibitor Tradelink Electronic Commerce Limited (Booth: 3E-B09) offers a deepfake-detection solution capable of exposing face-swap and voice-mimicry scams with 98% accuracy. The Smart Hong Kong Pavilion, set up by the Digital Policy Office, focuses on data-driven and AI applications, featuring over 100 projects that impact daily life. Highlights include solutions from 20 government bureaux and departments and award-winning entries from innovation competitions. Among them is the Architectural Services Department's 'Wall Climbing Robot', which navigates rough and glass surfaces to conduct facade inspections safely and accurately, eliminating the personnel risks associated with high-altitude work. Hong Kong Science and Technology Parks Corporation (HKSTP) has 16 park companies at the HKSTP pavilion across three industry fields, namely AI & Data, Digital Transformation, and Micro-Electronics & Sustainable Technology. Highlighted innovations include Green Vigor's patented Hydro Power Intelli-Recycle, which recycles unused energy from water supply systems in buildings and converts it into renewable energy. Additionally, there are eight HKSTP park companies joining EFSE. InnoEX features four themed days, each with forums and seminars on hot technology topics. The theme day today (13 April) is on the low-altitude economy and technology-driven economy. The Tech-Driven Industry and Economy Conference, presented by the HKSAR Government's Office for Attracting Strategic Enterprises, centred on the theme 'Empowering Industry for a Connected Global Economy', and Professor Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, gave the opening speech. The conference invited government officials and industry experts to discuss how policies help foster industrial development, drive innovation and support sustainable growth, and share successful global practices and emerging trends. The other themed days of InnoEX include AI and Robotics Technology (14 April) and Cybersecurity (15 April) while the last day (16 April) will focus on Solutions for SMEs, with government departments and several technology solution providers introducing government support programs and innovative solutions to assist SMEs in their development. EFSE brings cutting-edge products Running alongside InnoEX, the 21st EFSE continues under the theme 'World's Leading Electronics Marketplace', with a focus on smart home, health tech and wearable devices. In the smart home sector, local exhibitor Tuya (Booth: 1B-F02) has partnered with major appliance brands to enable seamless interconnectivity across smart home ecosystems, allowing users to control appliances from different brands via a single app. In the field of health tech and wearable devices, Mainland China exhibitor Shenzhen Minew Technologies (Booth: 5E-E20) will showcase an electronic bedside tag for hospitals that displays patient conditions and medication schedules, with data updated centrally to reduce manpower needs and minimise errors. Returning this year, the Digital Entertainment Experiential Zone offers e-sports and interactive gaming experiences- including boxing, rowing and sailing simulations- for participants and buyers. The key event of EFSE, the Tech Trends Symposium, will take place tomorrow under the theme of 'AI on the Go: A New Era of Intelligent Wearable Electronics'. The symposium will feature industry leaders sharing how smart glasses, rings and other wearables integrate AI to reshape work and life. BIT Week brings exciting events InnoEX and the EFSE are the core events of BIT Week, driven by the HKSAR Government's Innovation, Technology and Industry Bureau and the HKTDC. Other highlights of BIT Week include the recently concluded Smart Lighting Expo and Hong Kong Web3 Festival, as well as the 2nd Hong Kong World Youth Science Conference, which also opened today at the Hong Kong Convention and Exhibition Centre. The conference brings together top experts- including Nobel Prize winning scholars- to discuss frontier topics across innovation and science. Additionally, the World Internet Conference designated Hong Kong for the first time to host the Asia-Pacific Summit, which begins tomorrow at the Hong Kong Convention and Exhibition Centre. The two-day event is expected to attract over 1,000 participants from around the world to explore the latest trends in AI, digital finance, digital government and smart living, creating synergies with other BIT Week events. Photo download: Websites InnoEX: Hong Kong Electronics Fair (Spring Edition): Media enquiries Yuan Tung Financial Relations: HKTDC's Communications & Public Affairs Department: About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels.
Yahoo
13-04-2025
- Business
- Yahoo
InnoEX Opens Today, ASTRI's Latest Low-altitude Economy Innovations on Display
HONG KONG, April 13, 2025 /PRNewswire/ -- The Hong Kong Applied Science and Technology Research Institute (ASTRI) showcase a diverse range of emerging solutions for smart city innovation at the third edition of InnoEX, running from 13-16 April at the Hong Kong Convention and Exhibition Centre. ASTRI's technologies on display include advancements in the low-altitude economy (LAE), smart manufacturing, smart mobility, and smart pharmacy, underscoring Hong Kong's growing influence in the global innovation and technology (I&T) arena. Driving I&T Collaboration As Hong Kong's leading R&D centre, ASTRI remains steadfast in its mission to accelerate I&T commercialisation, supporting industry transformation and enhancing operational efficiency, said Ir Sunny Lee, Board Chairman of ASTRI. "At InnoEx, we engage with high-quality potential partners from home and abroad, exploring future partnerships through our cutting-edge, market-ready solutions," he said. "ASTRI celebrates its silver jubilee in 2025. To mark this milestone, we have set up a 'time-tunnel' at our booth to reflect on ASTRI's achievements over the past 25 years. As we enter a golden era for I&T development, we remain committed to leveraging technology for societal advancement, enabling smarter living and driving the development of new quality productive forces in Hong Kong." Ir Chris Chong, Acting CEO and Chief Operating Officer of ASTRI said ASTRI's award-wining technologies have been well-received by the industry. To date, ASTRI has been granted 1,100 patents and has completed 1,500 technology transfers. "We are excited to exhibit at InnoEX once again to showcase our R&D outcomes. We look forward to fostering deeper collaborations among the government, industry, academia, researchers and investors. By working together, we can expedite the journey of I&T breakthroughs from laboratory to the market, further solidifying Hong Kong's position as a global I&T hub." Showcasing Cutting-Edge Technologies InnoEX is jointly organised by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC). As Asia's flagship I&T event, it has attracted distinguished visitors, including government officials and industry leaders keen to explore Hong Kong's thriving I&T ecosystem. Visitors to ASTRI's booth (3C-E03) in Hall 3C are introduced to an impressive array of pioneering technologies that promise to transform industries and enhance quality of life. These include: Smart LAE Delivery: This UAV-based solution delivers lightweight packages across urban areas with exceptional precision. Utilising ASTRI's RSU-Assisted GNSS-RTK Visual/INS Tightly-Coupled Positioning Algorithm, the system maintains accurate positioning even amid NLOS disturbances. This enables the UAV to deliver critical medicine efficiently and reliably to patients during emergencies. By circumventing urban traffic congestion, ASTRI's aerial delivery system significantly outpaces traditional vehicle-based delivery methods. Smart Pharmacy: The Smart Pharmacy initiative was first outlined in the Hospital Authority's Strategic Plan 2022-2027. In line with this visionary development, ASTRI has developed an innovative and effective Sensing Fusion Platform for Accurate and Smart Dispensing. The platform is designed to improve both the accuracy and efficiency of pharmacy operation in public hospitals, while alleviating the workload of frontline staff. To minimise the risk of human error, it introduces a range of unique features, including instant access to drug information, real-time monitoring of medication types and quantities, analysis of staff workloads and activities, and early warning alerts. Smart Mobility with C-V2X: ASTRI's Cellular Vehicle-to-Everything (C-V2X) technology facilitates seamless communications between vehicles, pedestrians, roadside infrastructure, and networks. This ensures that road users receive timely reports and warnings, enhancing road safety effectively.C-V2X technology can be applied to real-time traffic monitoring, incident management, and route planning, significantly improving traffic efficiency. In the long run, C-V2X technology will play a crucial role in advancing autonomous driving by helping vehicles detect hidden dangers, further enhancing road safety and supporting the development of autonomous transportation systems. Smart Mobility with Risk Map: The Risk Map System, co-developed by ASTRI and MTRC, provides an automated and efficient way for managing, monitoring and alerting the condition and position of trackside equipment, and ultimately to enhance maintenance efficiency and railway safety. The innovation won the bronze medal at the 49th International Exhibition of Inventions Geneva. Smart Manufacturing with IndustriNET 5G: ASTRI's invention, IndustriNet, facilitates time-sensitive communications over 5G network through novel time synchronisation methods. It enhances the capabilities of 5G networks, making them suitable for applications in smart manufacturing and smart transportation. The solution fulfils smart factories' demanding requirements for high mobility and dependable wireless networking, expediting the advancement of new industrialisation. It garnered the gold medal at the 49th International Exhibition of Inventions Geneva. Smart Manufacturing with TrainLite: As manufacturers increasingly seek to upgrade and transform their operations with technologies like artificial intelligence (AI), many face the challenge of lacking access to mature big data systems. To address this general industry pain point, the TrainLite platform empowers manufacturers to develop AI learning prototypes using limited datasets. This enables automated quality inspection on production lines at a lower cost while simultaneously enhancing production efficiency and quality. TrainLite's technology is versatile and applicable across a wide range of products, including fabrics, printed circuit boards, chips, automobiles, and displays. It received the Special Award for Innovation – King Abdulaziz University at the 48th International Exhibition of Inventions Geneva. Championing Innovation at the Forum As a panellist at the "Tech-Driven Industry and Economy Conference Powered by HKSARG OASES" this morning, Ir Chris Chong shared insights into ASTRI's successful R&D projects and demonstrate how technology transfer and commercialisation are turning innovative ideas into market-ready solutions. Tomorrow (14 April), he will take the stage as the moderator for the Innovation Forum: France-Hong Kong Shaping Green Efficiency, Smart Mobility & Digital Transformation, organised by Consulate General of France in Hong Kong & Macau and Business France, to explore the role of technology in shaping future smart city. Promoting Cross-Sectors I&T Partnership InnoEX is running concurrently with the HKTDC Electronics Fair (Spring Edition). The two fairs bring together 2,800 exhibitors from 29 countries and regions, attracting global visitors to facilitate collaboration and knowledge exchange across industries. ASTRI Corporate Website – InnoEX - Photos Download: About ASTRI Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong's competitiveness through applied research. ASTRI's core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Intelligent Perception and Control Technologies, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse. Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the United States, and other countries. 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