GlobalTRONICS 2008 is just around the corner
01 September 2008
With the global outlook for 2008 shadowed by rising oil prices, accelerating inflation in China and India, and the health of the US economy, sentiment for Asia’s electronics manufacturing sector remains strong, states Reed Exhibitions.
According to World Bank’s World Development Indicators online database in June 2007, East and Southeast Asia account for more than 40% of the world’s combined GDP for exports of manufactured products. However, as companies continue to look for cost efficiencies, traditional contract manufacturing powerhouses in Asia such as Singapore, Malaysia, Taiwan and South Korea are under pressure from new markets in the region and further afield.
Electronics manufacturers are facing challenges such as wasteful manufacturing, intellectual property rights, decrease in consumer spending on electronics, fears of rising inflation and competition from non-Asian manufacturers such as Mexico re-emerging as an increasingly important manufacturing base to supply to the US market. In addition, the European Union’s RoHS directive noted the growing concern and preference for environmentally friendly products and processes. Indeed, manufacturers face a great deal of added pressure from legal responsibility, expended resources, and product quality.
Other than using improved manufacturing technologies and streamlined processes to minimise costs and optimise manufacturing, electronics manufacturers need to implement a broader scope of activities and strategies to elevate the value chain to enhance competition. The continued expansion of the EMS suppliers’ role in terms of design for manufacturability and supply chain, innovation, operational excellence and sustainability, are key factors for the future growth of the industry. This can also be achieved by adopting cost-saving measures like energy-efficient manufacturing and initiatives to decrease the harmful effects to the global environment, and to uphold health and safety directives.
Michelle Lim, General Manager for Reed Exhibitions, Singapore and Malaysia said: “We see new opportunities in the electronics manufacturing industry amidst the many challenges that have recently arisen in the global market, from increasing inflationary pressures to more countries entering the contract manufacturing arena. Core manufacturing competencies and growing cost-effective skilled workforces have helped Asia be the leader in electronics manufacturing for many years.”
“By taking advantage of these competencies and constantly improving on the skills and strategies to elevate the value chain, Asia will continue to lead as the world’s producer and exporter of electronics. The challenge is to identify the higher value segments in the electronic components market; for example integrated circuits, testing and development of components and even design, which require higher levels of skilled workers to utilise advanced manufacturing technology,” added Lim. “Reed Exhibitions is proud to host GlobalTRONICS 2008 in Singapore as this is Asia’s dedicated international sourcing, networking and educational platform for the electronics manufacturing industry for optimised manufacturing efficiencies and enhanced competitiveness, closer to home.”
Dennis Rutherford, Managing Director of CyberOptics Singapore stated: “GlobalTRONICS is more than just a trade show for the industry. The seminars and conferences offer ideas that will provide us with valuable insights. We hope to gain added knowledge so we can strive to be more competitive in terms of adding value, improving operations, ensuring quality and meeting international standards. The discussions and information exchanged during these sessions will definitely be invaluable and help us move up the value chain and remain competitive.”
GlobalTRONICS 2008 will bring a showcase of six electronics manufacturing segments from nearly 400 international suppliers, including international participants from the USA, Germany, Japan, China, Hong Kong, Taiwan, the UK, Singapore and more. It will be the meeting ground for industry professionals to network, exchange views, as well as explore collaborations and business opportunities. At the last GlobalTRONICS (held in 2006), 11,960 visitors from 58 countries visited the exhibition and 579 companies from 33 countries participated, with US$57.5 million worth of sales concluded at or after the exhibition. GlobalTRONICS 2008 will be held from 9 - 12 September at the SUNTEC Convention Centre. This event will feature a Technology Forum that will showcase a line-up of speakers from the industry who will present a range of modern and innovative products and services that cater to the trends of the industry.
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