WEDNESDAY, SEPTEMBER 5, 1990
FS VISITS ELECTRONIC PRODUCTS FACTORY
JACOBS,
THE FINANCIAL SECRETARY, SIR PIERS VISITED THE FACTORY OF MOTOROLA SEMICONDUCTORS HONG TAI PO INDUSTRIAL ESTATE.
TODAY
(WEDNESDAY) KONG LIMITED AT
SIR PIERS WAS MET ON ARRIVAL BY CORPORATE VICE-PRESIDENT AND
PRODUCTS SEMICONDUCTOR
DIVISION), MR GENERAL MANAGER (ASIA/PACIFIC
C.D. TAM, AND SENIOR OPERATIONS MANAGER, MR K.P. TO.
THE COMPANY HAS BEEN ESTABLISHED IN THE TERRITORY SINCE 1967.
AFTER A 10-MINUTE BRIEFING ON THE COMPANY'S FINANCIAL SECRETARY WAS CONDUCTED ON A TOUR OF THE
MACHINERY SUCH AS SEMICONDUCTOR
ADVANCED EQUIPMENT, MAINFRAME.
COMPUTER-AIDED DESIGN
(CAD)
BACKGROUND,
THE
PLANT WHICH USES AND ASSEMBLY TESTING
AND EQUIPMENT
COMPUTER
PREMISES AT
TAI PO, THE
APART FROM THE 30,000-SQUARE-METRE COMPANY ALSO OPERATES AN 18,500-SQUARE-METRE FACTORY IN KWAI CHUNG.
IT HAS A TOTAL WORKFORCE OF 1,100 PEOPLE.
APART FROM
CONSUMPTION, LOCAL
MAINLY EXPORTED TO
THE
COMPANY'S PRODUCTS
ARE
JAPAN, SOUTH KOREA, CHINA, TAIWAN, SINGAPORE,
MALAYSIA, AUSTRALIA AND NEW ZEALAND.
SINCE THE
MID-1970S, HONG
KONG'S ELECTRONIC PRODUCTS HAVE
TAKEN OVER AS THE SECOND LARGEST DOMESTIC EXPORT ITEM.
EXPORTS
SAME
FROM 1965 TO 1989,
INCREASED FROM $212 MILLION $55,818 MILLION. DURING THE
PERIOD, THE
SHARE INDUSTRY'S TOTAL DOMESTIC EXPORTS INCREASED FROM 4.2 PER CENT TO 24.9 PER CENT.
ΤΟ
OF
IN THE OVERSEAS INVESTMENT HAS ALSO PLAYED A SIGNIFICANT PART
ELECTRONICS RAPID DEVELOPMENT OF LOCAL
INDUSTRY THROUGH TECHNOLOGY
TRANSFER.
OR PARTLY "1989 SURVEY OF INDUSTRIES". THEY
A TOTAL OF 129 ELECTRONICS COMPANIES, EITHER WHOLLY OWNED BY OVERSEAS INTERESTS, WERE IDENTIFIED IN THE OVERSEAS INVESTMENT IN HONG KONG'S MANUFACTURING EMPLOYED ALMOST 37,000 PEOPLE.
BY SIR PIERS WAS ACCOMPANIED ON THE VISIT
THE SECRETARY FOR TRADE AND INDUSTRY, MR JOHN CHAN, AND THE ACTING DIRECTOR OF INDUSTRY, MR WILFRED WONG.
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