XN000022-1990-09-05 — Page 3

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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