Within years, Industry 4.0 has evolved from a concept to a transformational goal of corporates around the world. Many Hong Kong corporates see the huge business opportunities behind Industry 4.0 and adjust their operating practices to get a share of this golden era of industrial automation. The Vice Chairman of Group 32 (Hong Kong Automation Technology Council, HKATC) of the Federation of Hong Kong Industries (FHKI) and Director of GOA International Limited (GOA) Chris Chan says if Hong Kong corporates want to transform, they must choose partners that are able to provide hardware equipment and integrated solution to perform long-lasting efficacy.
GOA focused on metal processing, equipment trading, and European branded parts dealing at the beginning. However, the floods of pirate replica since Millennium urged Chris Chan to reform with value-added services such as manufacturing solutions and automated integration…..More
Since Germany introduced the concept of Industry 4.0 in 2011, manufacturers around the world have been striving to revive their competiveness by advanced technology and industry strategy. However, only a few have a clear idea of incorporating Industry 4.0 into their own plants. The Chairman of Group 27 (Automobile, aeronautical and advance components) of the Federation of Hong Kong Industries (FHKI) and director of Jing Mei Automotive Limited (JMA) Ricky Chan says, “corporates cannot blindly go with the tide when steering their way towards Industry 4.0; they must stay true to their market position and fathom suitable operating practices to make proper investment in order to strengthen a corporate’s competiveness.” Ricky Chan also points out that some developed automated corporates in Japan even increase manpower to cope with detective products to improve productivity and output quality. This illustrates the coordination between advanced technology and operating practices to further enhance competitiveness…..More
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