Smart Lighting Expo and Spring Lighting Fair Attracts Some 15,000 Global Buyers
The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition) concluded successfully today
The twin fairs attracted some 15,000 buyers from 108 countries and regions, with increased numbers from various markets in Asia, Europe and Latin America
An on-site survey showed that more than half of respondents still anticipate sales rising in the next one to two years
InnoEX and Hong Kong Electronics Fair (Spring Edition) will open on Sunday, 13 April at the Hong Kong Convention and Exhibition Centre
HONG KONG - April 9, 2025 ( NEWMEDIAWIRE) - Organised by the Hong Kong Trade Development Council (HKTDC), the 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition) successfully concluded today. The twin fairs welcomed some 15,000 buyers from 108 countries and regions, with notable growth in buyers from Asia including Indonesia, Korea, Taiwan and Thailand, European countries, such as the Czech Republic, the Netherlands and Poland, as well as from Latin America, including Argentina and Colombia. This participation highlights the prominent role both fairs have as global trading platforms for lighting products.
Sophia Chong, Deputy Executive Director of the HKTDC, said: 'As the first wave of HKTDC's four spring tech events in April, the twin lighting fairs showcased the most advanced lighting products and solutions. Hosting various industry seminars and networking events, the fairs served as an ideal platform for professionals to expand their connections and discuss trending market topics, driving industry development in greenovation, healthy lighting, and smart technology. This Sunday, InnoEX and Hong Kong Electronics Fair (Spring Edition) will open for four days, reinforcing Hong Kong's position as a leading, international innovation and technology hub.'
Home automation and smart lighting control systems reveal competitive edge
The HKTDC conducted a survey to gain a deeper understanding of the trends in the lighting industry and surveyed 446 exhibitors and buyers on-site. The results indicate that both buyers and exhibitors are still positive about the economic outlook.
Highlighted market outlook and product trends:
- Within the next 6 to 12 months, 38.3% of respondents anticipate an increase in overall sales, while 52.2% expect sales to remain stable. Over the next 1 to 2 years, 51.8% expect overall sales to increase, with 39.7% anticipate sales to remain stable.
- Respondents consider Taiwan (77.1%), Mainland China (76.2%), Hong Kong (70.6%), Japan (65.8%), and ASEAN countries (63.3%) to be promising or very promising target sales markets for lighting products over the next two years in terms of growth.
- In terms of market potential, the most sought-after markets for respondents are Europe (24.2%), Australia and Pacific Islands (17.3%), North America (17.3%), ASEAN countries (13.3%), and Latin America (13.3%).
- Respondents identify LED lighting (36.8%), residential lighting (25.1%), and commercial lighting (24.4%) as having the greatest growth potential.
- Respondents believe home automation and smart lighting control systems (48.9%), energy-efficient lighting control solutions (39%), and outdoor smart security lighting systems (25.8%) have the most potential for smart lighting products in the next two years.
- The survey revealed that consumers would be willing to pay an average 28% more for smart-lighting products.
Trade discussions gain positive momentum
Smart lighting products and solutions integrating artificial intelligence (AI) and Internet of Things (IoT) continued to be a focal point at the fair. The British brand Limi, participated for the first time in the Spring Lighting Fair and showcased its self-developed AI smart lighting control system. The company's founder and CEO, Umer Asif stated, 'The Spring Lighting Fair is the first international lighting fair we have joined. The fair allows us to introduce our new lighting concept to global buyers and enhance our exposure. We have connected with more than 200 buyers from Hong Kong, Europe, Saudi Arabia and the US. We have had preliminary negotiations with more than 50 potential business partners. We expect the fair to bring in US$40 to US$50 million in sales for the company. Due to the favourable results, we have already reserved a bigger booth at the Autumn Lighting Fair.'
The Hall of Aurora at the Spring Lighting Fair featured some 180 elite lighting brands including Hong Kong brand Siki - a renowned lighting brand for Mainland China's catering industry specialising in functional LED lighting products. Ye Chang, General Manager of Liang Owltech Company Limited, said: 'To expand into overseas markets and establish Siki as a global brand, we participate annually in the Hong Kong International Lighting Fair. At this year's Spring Lighting Fair, we have met various new buyers from Europe, the Middle East, and Southeast Asia, with some 30 potential clients will place orders, we anticipate order sales to reach US$500,000 to US$1 million.'
Smart city initiatives have consistently driven the rapid growth of the smart lighting market. Buyers from Brazil's Azizi are dedicated to sourcing quality lighting products for Brazilian companies and government projects. The company's CEO and founder, Fabio Oliveira said, 'Since 2012, I have actively attended the lighting fairs. At this year's Smart Lighting Expo, I have already identified three potential suppliers for smart controllers needed for a street light project, with orders valued at approximately US$1.2 million. My sourcing journey will also continue through the Click2Match platform, ensuring we stay connected with more suppliers after the fairs.'
Hungary's Seemis Kft is keen to source lighting products from manufacturers in Mainland China for better quality and prices. The company's Chief Executive Officer, Magyar Krisztina said, 'After attending the meetings arranged via the Click2Match platform, we have found three potential suppliers of track lights, linear lights, tri-proof lights and floodlights from Mainland China. We plan to buy US$150,000 to US$200,000 worth of lighting products at the Spring Lighting Fair.'
Under the hybrid EXHIBITION+ model, the twin lighting fairs combined in-person sourcing with online meetings via the HKTDC's Click2Match smart business-matching platform and hktdc.com sourcing platform. Click2Match will be available until 16 April to facilitate discussions between exhibitors and buyers around the world.
April brings a calendar packed with innovation and trade events
Driven by the Government of the Hong Kong Special Administrative Region's Innovation, Technology and Industry Bureau and the HKTDC, Business of Innovation & Technology Week (BIT Week) in April 2025 brings together a series of tech-related exhibitions, conferences, seminars, roundtables and networking events in Hong Kong, setting the perfect scene for industry exchanges and cross-disciplinary collaborations. A series of exciting must-attend technology events during the week, include the just-ended Smart Lighting Expo and Hong Kong Web3 Festival, as well as upcoming events starting on Sunday, such as InnoEX, Hong Kong Electronics Fair (Spring Edition), and the Hong Kong World Youth Science Conference.
Apart from BIT Week, the HKTDC will also host a series of lifestyle exhibitions later this month, including the Hong Kong Gifts & Premium Fair, Home InStyle, Fashion InStyle, Hong Kong International Printing & Packaging Fair, DeLuxe PrintPack Hong Kong, and Hong Kong International Licensing Show and Asian Licensing Conference, to promote Hong Kong's economic and trade development.
Media enquiries
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES, CA - July 11, 2025 (NEWMEDIAWIRE) - SEGG Media (NASDAQ: SEGG), a global technology company at the intersection of sports, entertainment and gaming, has signed a binding Letter of Intent with legendary sports entrepreneur David Lloyd to acquire the rights to his All-Sports Arena in Boca Raton, Florida, at a $14 million valuation. Signed during Wimbledon at the Members' Enclosure, the agreement marks the U.S. debut of the David Lloyd brand. The 100,000-square-foot facility will be branded " All-Sports Arena, designed by David Lloyd," blending premium athletic infrastructure, co-working space, and hospitality elements. It will feature AI-powered golf simulators, indoor courts, a full-service gym, and a street food concept by celebrity chef Todd English. The Boca Raton site is the first step in a broader global rollout targeting the U.S. and Middle East. Projected to generate over $6 million in first-year EBITDA, the venture leverages digital reach and Lloyd's operational legacy. To view the full press release, visit About SEGG Media Corporation SEGG Media is a global sports, entertainment and gaming group operating digital assets such as and Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love. For more information, visit the company's website at: NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Forward Looking Statements Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBNLos Angeles, OfficeEditor@ Sign in to access your portfolio
Yahoo
3 days ago
- Yahoo
Standard Chartered GBA Business Confidence Survey Points to Further Tariff Drag in H2
Front-loading Supports Current Performance; Expectations Soften but Remain Positive HONG KONG - July 9, 2025 (NEWMEDIAWIRE) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) jointly released the latest Standard Chartered Greater Bay Area Business Sentiment Index (GBAI), which showed resilient current business performance after the so-called US Liberation Day' tariffs shock, supported by front-loading of orders and production. Meanwhile, businesses were cautious on the outlook as expectations softened but remained positive. The "current performance" index for business activities eased marginally to 53.1 in Q2 from 53.5 in Q1. A breakdown of index components supports the front-loading narrative; "Production/sales" was the strongest performer among the eight main sub-indices, in terms of both absolute score (57.1, the highest in a year) and change (+4.2 pts). Other positive drivers include "Fixed asset investment" (+2.0pts), "Profits" (+1.1pts) and "Raw material inventory" (+0.1pts). Meanwhile, the "expectations" index for business activity fell to 52.0 in Q2 from 54.3 in Q1. This is the weakest level since Q4-2022, but the fact that expectations stayed above the 50 neutral mark provides some relief. There is a broad-based deterioration across sub-components as seven of the eight expectations sub-indices fell, and the exception was "Capacity utilisation". "Financing scale" (-5.1pts), "Finished goods/services price" (-4.8pts) and "Production/sales" (-2.6pts) saw the biggest declines in the quarter. By sector, "Innovation and technology" outperformed (+6.3pts for "current performance" and +5.5pts for "expectations"), while "Manufacturing and trading" showed short-term resilience (-0.4pts and -2.1pts) as rush orders ahead of US tariff implementation have kept manufacturers busy. Retail and wholesale' disappointed (-1.0pts and -4.1pts), despite the perceived effectiveness of China's consumer goods trade-in program. Across GBA cities, there was setback for Hong Kong and Guangzhou. Hong Kong saw the biggest drops among GBA cities (-9.8pts for "current performance" and -10.5pts for "expectations") in the quarter. This partly reflects its vulnerability to the external environment and domestic consumption struggles. Guangzhou fell 9.3pts for "current performance" and 6.3pts for "expectations". Kelvin Lau, Senior Economist, Greater China and North Asia, Standard Chartered, said: "The looming tariff uncertainty has driven the front-loading of orders and production in the second quarter, while also accelerating AI development. Looking ahead, the findings revealed a more cautious view of GBA businesses amid the uncertain business outlook in the second half, especially regarding the outcome of bilateral trade deals after the 90-day pauses. Additionally, Hong Kong's economy saw steady expansion in the first quarter. Given the significant proportion of external economic activities relative to its GDP, international trade and tariff policies are crucial for Hong Kong." For thematic questions, only some 10% of respondents saw a material direct impact from US tariff hikes. Notably, tariff pauses and exemptions provided relief on the impact, this underscores the importance of maintaining the recent US-China trade truce and quickly finalising other bilateral trade deals in Q3. In terms of the impact of doing business, 41% of the respondents said US tariff hikes would delay the implementation of their business plans. Other major impacts include "difficult to navigate high level of logistical/customs disruption/uncertainty" (35%) and "losing business to other markets with lower tariff impact" (30%). Meanwhile, 32% of the respondents would sell more into the domestic market as the most common way to address the US tariff shocks and associated uncertainties. Irina Fan, Director of Research, HKTDC, said: "The findings showed that GBA companies are relatively resilient to US tariffs, although our survey was conducted shortly after the US Liberation Day' tariffs against its trade partners in April and did not capture all of the more recent developments since. Some 75-80% of the GBA companies see negative impacts by US tariffs, mostly due to delay in business plan implementation and logistics disruptions." "In response to this new era of US trade policy, GBA companies seek to increase domestic sales and expanding to key markets in the region, in particular ASEAN, reflecting the mainland and HKSAR Governments' efforts in promoting closer economic ties with these countries and regions." About the GBAI The GBAI is the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects in cities and industries across the GBA. It is compiled based on a survey of more than 1,000 companies in the GBA covering the manufacturing and trading, retail and wholesale, financial services, professional services and innovation and technology sectors. The index enables investors and businesses to better understand the current business climate, gauge future performance prospects and formulate their market strategies for the GBA. Related materialsHKTDC Research: Report and photos download: Media enquiries Yuan Tung Financial Relations Limited Tiffany Leung Tel: (852) 3428 2361 Email: tleung@ Communications & Public Affairs Department of the HKTDC Katy Wong Tel: (852) 2584 4524 Email: Corporate Affairs Department of Standard Chartered Bank (Hong Kong) Limited Flora Chiu Tel: (852) 3843 2285 Email: About Standard Chartered We are a leading international banking group, with a presence in 53 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges. The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR's three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC. For more stories and expert opinions please visit Insights at Follow Standard Chartered on X, LinkedIn, Instagram and Facebook. 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: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
3 days ago
- Associated Press
The AI Privacy Crisis Has a Solution: Kynismos AI Launches Revolutionary Platform That Makes Your Conversations Truly Invisible
NEW YORK, NY - July 8, 2025 ( NEWMEDIAWIRE ) - Kynismos AI is challenging the status quo of modern artificial intelligence. Every day, millions of people pour their most intimate thoughts into AI systems that promise to help them think, create, and solve problems. What they don't realize is that every word becomes permanent evidence in corporate databases, accessible to insurers, employers, law enforcement, and data brokers who treat human curiosity as a commodity. For professionals who work with clients, the stakes are even higher: every query into mainstream AI platforms creates potential liability exposure that could threaten careers and client relationships. Today, that changes. Kynismos AI announced the public launch of the world's first truly private AI platform, offering full access to ChatGPT, Claude, and other leading AI models through a revolutionary architecture that makes user surveillance mathematically impossible - even for Kynismos itself. 'We're dismantling the surveillance business model that powers today's AI,' said Andrew Sispoidis, CEO and co-founder of Kynismos AI. 'Your thoughts should belong to you, not become training data for corporations or evidence in someone else's agenda.' The Hidden Cost of 'Free' AI While major AI platforms promise privacy through policies, the reality is stark: every prompt is logged, every conversation stored, and every interaction builds detailed psychological profiles that follow users for life. Insurance companies purchase 'conversational data' to adjust premiums. Employers monitor AI usage. Courts subpoena chat logs as evidence. For professionals, this creates an impossible choice: avoid AI and fall behind competitively, or use it and accept unknown liability exposure. Lawyers worry about ethics violations. Healthcare professionals face regulatory concerns. Consultants risk exposing client strategies. Even paid AI subscriptions continue this data harvesting, because the real business model isn't your monthly fee - it's your digital identity. True Privacy Through Mathematical Certainty Kynismos AI operates on a fundamentally different principle: zero-knowledge architecture that encrypts and anonymizes user interactions before they ever leave a device. While AI models still process user queries to provide responses, Kynismos ensures they can never link those queries to any specific individual. 'We didn't just promise privacy - we made surveillance physically impossible,' explained Yuval Drori, CTO and co-founder. 'The AI sees your question and provides an answer, but it has no idea who asked it. No tracking, no profiling, no permanent records tied to your identity.' The technology works by encrypting prompts locally, stripping all identifying information, routing requests through anonymous proxy networks, and ensuring no logs, metadata, or identity traces remain anywhere in the system. Professional-Grade Power, Complete Anonymity Unlike privacy tools that compromise functionality, Kynismos AI offers the full power of leading AI models through an interface as simple as any mainstream platform. Users can access different AI systems to leverage their unique strengths - Claude's reasoning capabilities, ChatGPT's versatility - while maintaining complete anonymity. Rather than forcing users to maintain separate subscriptions to multiple AI services, Kynismos provides access to leading models through a single subscription. The current platform supports real-time access to ChatGPT, Claude, and other leading models, user-controlled model selection, seamless switching between models while maintaining anonymity, and complex query workflows - all with zero compromise on AI capabilities. The company is developing advanced features for subsequent releases, including intelligent model switching, concurrent agentic functions across multiple models, automated redaction, and confidential information protection. 'You can access the best AI capabilities available while ensuring that your identity remains completely invisible to surveillance systems,' Sispoidis said. 'Future versions will enable AI agents to work concurrently across multiple models, delivering capabilities that no single AI platform can match.' Beta Access Opens as Privacy Crisis Accelerates Kynismos AI is dramatically expanding its beta program ahead of the official launch at the end of July. The company is offering 'Founder's Edition' access to early adopters who want to experience truly private AI before it becomes publicly available. 'Every day people wait is another day their digital thoughts become permanent corporate assets,' said Laura Bang, Growth Marketing Lead. As AI integrates deeper into daily life and professional practice, the window for establishing privacy-preserving alternatives is closing rapidly. Major AI companies are racing to lock in users and normalize surveillance-based models before privacy concerns reach mainstream consciousness. A Vision for Human-Centered AI 'We're proving that technological advancement and human dignity can coexist,' Sispoidis said. 'The future of AI doesn't have to be built on tracking and profiling. It can be built on respect for human autonomy and the fundamental right to private thought.' Kynismos AI's Founder's Edition is available immediately, with full public launch scheduled for the end of July 2025. The platform operates on a subscription model that aligns the company's incentives with user privacy rather than data extraction. 'Our customers pay us directly instead of becoming the product,' said COO Tina Santana. 'It's a revolutionary concept: a technology company that actually serves the people who use it.' About Kynismos AI Kynismos AI is a privacy-first artificial intelligence platform that enables users to access leading AI models like ChatGPT, Claude, and Gemini without compromising their personal data or digital privacy. Through our revolutionary zero-knowledge architecture, user interactions remain completely private and anonymous - we literally cannot access, store, or share user data, even if compelled to do so. As AI becomes embedded in every aspect of daily life, Kynismos provides the essential infrastructure for maintaining human autonomy and digital sovereignty in an increasingly surveilled world. Social Links X | Instagram | YouTube | LinkedIn Media Contact Full Name: Laura Bang Title: Growth Marketing Lead Company Name: Kynismos AI Email: [email protected] Website:
