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SUNDAY, JULY 24, 1977
GOVERNOR VISITS COMPUTER FACTORY
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THE GOVERNOR, SIR MURRAY MACLEHOSE, WILL PAY A VISIT TO AMPEX FERROTEC LIMITED, MAKERS OF COMPUTER PARTS, AT CHEUNG SHA WAN ON MONDAY (JULY 25).
THIS IS ANOTHER IN THE SERIES OF VISITS THE GOVERNOR MAKES PER JODICALLY TO FACTORIES TO SEE FOR HIMSELF HONG KONG'S INDUSTRIAL DEVELOPMENT AND PROGRESS.
HE WILL BE ACCOMPANIED BY THE ACTING DIRECTOR OF COMMERCE AND INDUSTRY, MR. BILL DORWARD.
AMPEX FERROTEC LIMITED WAS FOUNDED IN HONG KONG IN 1961, AND HAS EXPANDED RAPIDLY TO BECOME ONE OF HONG KONG'S LEADING ELECTRONICS COMPANIES. IT HAS ALSO PLAYED A LEADING ROLE IN THE DEVELOPMENT OF THE LOCAL ELECTRONICS INDUSTRY.
THE COMPANY SPECIALISES IN THE DESIGN AND MANUFACTURE OF COMPUTER SUB-ASSEMBLIES AND COMPUTER PERIPHERAL EQUIPMENT INCLUDING MAGNETIC CORE MEMORY PLANES, MAGNETIC CORE MEMORY SYSTEMS AND NUMEROUS OTHER SUB-SYSTEMS.
THE ELECTRONICS INDUSTRY IS THE SECOND LARGEST INDUSTRY IN HONG KONG TODAY IN TERMS OF VALUE OF DOMESTIC EXPORTS, EXCEEDED ONLY BY THE CLOTHING INDUSTRY. IN MARCH 1977, THERE WERE OVER 650 ELECTRONICS FACTORIES EMPLOYING MORE THAN 68,000 WORKERS OR ABOUT 9 PER CENT OF HONG KONG'S INDUSTRIAL WORKFORCE.
THE INDUSTRY STARTED WITH THE ASSEMBLY OF TRANSISTOR RADIOS IN THE LATE 1950'S. SINCE THEN, IT HAS DIVERSIFIED INTO THE MANUFACTURE AND ASSEMBLY OF A WIDE RANGE OF SOPHISTICATED PRODUCTS
AND COMPONENTS,
IN 1976, DOMESTIC EXPORTS OF ELECTRONIC PRODUCTS TOTALLED NEARLY $4,000 MILLION, OR ABOUT 12 PER CENT OF HONG KONG'S TOTAL DOMESTIC EXPORTS. IN THE FIRST FIVE MONTHS OF THIS YEAR, EXPORTS ROSE BY OVER 20 PER CENT COMPARED WITH THE SAME PERIOD LAST YEAR.
NOTE TO EDITORS :
YOU ARE CORDIALLY INVITED TO SEND A REPORTER AND/OR PHOTOGRAPHER TO COVER THE VISIT. SIR MURRAY WILL ARRIVE AT THE FACTORY AT 3 P.M. ON MONDAY (JULY 25). THE FACTORY IS SITUATED AT NO. 603 TAI NAM WEST STREET, CHEUNG SHA WAN, KOWLOON.
YOUR REPRESENTATIVE IS KINDLY ASKED TO BE AT THE FACTORY A FEW MINUTES BEFORE THE ARRIVAL OF THE GOVERNOR.
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