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Since Germany initiated the strategy of Industry 4.0, which highlights the integration of online and offline manufacturing system with digital data and the ultimate achievement of intelligent production, the global manufacturing scene has observed a revolutionary makeover. In order for enterprises to enhance their competitiveness in the international market, many of them deploy manufacturing facilities imported from foreign countries. However, having no core technology, enterprises often face the challenge of insufficient support due to time and cultural differences when they encounter operating problems. Besides, amid the era of surging labour cost and staff turnover rate, the lack of human resources is another reason for a standstill in corporate development. While enterprises across industries strive to overcome these two key challenges to standout in the competitive business environment, Googol Technology (HK) Limited (Googol) offers a successful example…..More
Having understood the difference between being concentrated and conventional, the automated components provider SMC Pneumatics (Hong Kong) Ltd. (SMC) has always kept the entire industry development in view. While many people think that the industrial development is declining, SMC has recorded a double-digit growth every year since its establishment in 1985, except the year of 2008 when the financial crisis kicked in. In recent years, its business turnover of Guangzhou and Hong Kong combined has even recorded a growth of 20%. Today, SMC has a market share of 71% in Hong Kong and over 30% in the global scene. By 2019, the corporate even envisions a global market share of 50%. No wonder Benny Ling, the Administrative Manager of SMC, says, “the industrial development is not declining; it is evolving”.…..More
Any opinions, findings, conclusions or recommendations expressed in this material/event (or by members of the Project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, Trade and Industry Department or the Vetting Committee of the SME Development Fund and the Dedicated Fund on Branding, Upgrading and Domestic Sales (Organisation Support Programme).