Technology
April 2025 Global Sources Hong Kong Shows Conclude Successfully, Leading a New Wave of Global Sourcing
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1 year agoon
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HONG KONG, May 14, 2025 /PRNewswire/ — The April 2025 Global Sources Hong Kong Shows at AsiaWorld-Expo have concluded successfully. The three-phase show program, spanning nine professional sectors including Gaming, Consumer Electronics, Electronic Components, Mobile Electronics, Smart Home, Security & Home Appliances, Home & Kitchen Products, Lifestyle Products, Sports & Outdoor, and Baby & Children Products, attracted nearly 5,000 premium Asian suppliers and showcased over 340,000 innovative products. The show recorded more than 120,000 buyer visits, with a marked increase in the presence of professional buyers from Eastern Europe, Latin America, Japan, and South Korea.
Against the backdrop of profound changes in global trade patterns, Global Sources Hong Kong Shows continue to break through the limitations of traditional physical exhibitions, achieving deep online-to-offline (O2O) integration. Coinciding with the 30th anniversary of the Global Sources Online (GSOL), this exhibition further utilized big data analysis and AI technology to strengthen its O2O service model, creating a more efficient and precise matchmaking platform for B2B trade. This innovative approach further solidifies Global Sources’ position as an industry trend leader and an incubator for innovative achievements.
Three-Phase Exhibition Focuses on Innovative Technology and New Consumer Trends
During the first phase of the Global Sources Hong Kong Shows, the focus was on Consumer Electronics, Electronic Components, and the newly established standalone Gaming Show. The new Gaming Show became a highlight, bringing together approximately 200 quality exhibitors showcasing popular peripheral products including gaming mice, keyboards, chairs, displays, controllers, headphones, and audio equipment. The exhibition pioneered the “KOL and Buyers’ Favorite Gaming Gear Awards,” inviting international KOLs and on-site buyers to jointly evaluate products across multiple professional dimensions including design, functionality, user experience, material quality, and innovation, accurately reflecting market trends. IP collaborations, trendy designs, and the blind box economy trend are driving the industry to upgrade from functionality to cultural symbols, particularly appealing to Generation Z buyers. Multiple esports brands showcased flagship new products on-site, with cosplayers helping to create an immersive experience, comprehensively igniting the sourcing boom for gaming peripherals.
Moving into the second phase of the exhibition, AI technology was widely applied across product categories including mobile devices, smart wearables, health management, and robotics, generating enthusiastic market interest. Emerging brands combined fashionable design, IP collaborations, and DIY elements to precisely target the global high-end consumer market, highlighting differentiated competitiveness. Smart pet products and modular electronic accessories emerged as consumer hotspots. The second phase exhibition promoted brand internationalization and market upgrades through innovative technology, personalized design, and new lifestyle experiences, providing forward-looking procurement decision-making references for global professional buyers.
In the third phase of the exhibition, closely aligning with the 2026 World Cup fever, a special themed area showcased sustainable material sports equipment, customized jerseys, and IP derivative products, while also presenting innovative outdoor equipment such as multifunctional camping vehicles and smart fitness equipment to meet multi-scenario application needs. On-site activities included a sports carnival, Pickleball experience, triathlon, and Wing Chun master demonstrations, enhancing audience interaction and immersive experiences. The Baby & Children Products Show focused on intelligent and emotionally resonant designs, with AI baby care and fun children’s travel products gaining popularity among new-generation families, driving product upgrades and industry innovation.
Exhibitor Feedback
This year’s Global Sources Hong Kong Shows attracted numerous quality enterprises from across Asia, with many exhibitors highly commending the professional organization, buyer resources, and on-site effectiveness of the shows.
Wayne Tang, Overseas Sales Director of Shenzhen eloT Technology Co., Ltd., which specializes in smart wearable products, stated that the company chooses to release all its new products on the Global Sources platform, both online and offline. During this exhibition, approximately 40% of clients or potential buyers who had previously engaged in online negotiations visited their booth in person, delivering outstanding results.
Wang Shengjun, General Manager of Shenzhen Hongda Sheng Electronics Co., Ltd., which focuses on gaming console accessories production, said the company has participated in Global Sources Hong Kong Shows since 2017, recognizing the extensive and professional customer resources, rigorous organization, and highly focused clientele of the shows. He emphasized that despite tariff challenges, the results exceeded expectations based on the exhibition’s on-site performance, and he remains confident about future development.
Meng Zhiyun, China Regional Partner of CHUWI Innovation Technology Co., Ltd., which specializes in professional laptop brands, mentioned that the company has participated in every edition of the Global Sources Hong Kong Shows since the event’s founding more than a decade ago. The exhibitions draw buyers from around the globe, providing companies with valuable opportunities for in-depth communication with partners from various regions, while helping them to showcase products, expand business, gain insights into industry trends, and discover potential future development opportunities. Based on their trust in the show’s professionalism, they plan to further deepen cooperation in the future.
Linda Yan, General Manager of Qingdao St-Lynn International Trading Co., Ltd., which focuses on woven apparel production, said that the company met many professional supermarket and wholesale buyers from Sweden, Mexico, and other countries at the exhibition. These buyers had clear sourcing requirements that aligned perfectly with the company’s products.
Silvia Huang, CEO of Wood Worths Co., Ltd., which specializes in disposable wooden tableware, shared that even as a first-time exhibitor, she experienced high visitor traffic and high-quality clients, connecting with buyers from Brazil, Italy, Vietnam, and many other countries. The diverse client base with its numerous different requirements delivered satisfying exhibition results.
Buyer Feedback
This year’s Global Sources Hong Kong Shows also received high praise from global buyers. Many buyers indicated that the exhibition not only showcased the latest products and innovative designs but also provided valuable face-to-face communication and collaboration opportunities.
Alex Saltuk Toksoz, a buyer from Turkey, stated that Global Sources Hong Kong Shows, whether through exhibitions or trading platforms, is the first choice for global sourcing. It not only covers mainland China and Hong Kong but also enables contact with suppliers from regions such as the Middle East, allowing buyers to immediately grasp the latest designs and product trends.
“I have been attending Global Sources Hong Kong Shows consistently for over a decade, and I think it’s the best and well-organized trade show. I always find so many products and inspiration here,” said Agnieszka Goluch, a buyer from Poland.
Victor Musatkin, a Russian buyer focusing on home audio products, believes that Global Sources Hong Kong Shows are an ideal platform for discovering innovative products and expanding cooperation and partnerships.
“I have been attending Global Sources Hong Kong Shows since 2005. Besides connecting with existing suppliers from China, I can also look at other new suppliers and new products here,” said Miguel Mesquida, a buyer from Spain.
Samuel Mello Medeiros, a product designer from Switzerland, stated that Global Sources Hong Kong Shows enable creative designs to become reality. He pointed out that although his product designs are completed in Europe, the actual production and implementation can find the most suitable partners at the exhibition.
Indonesian buyer Stefanus Juanto believes that Global Sources excels in screening and business matching between buyers and sellers, which is precisely what they value. He considers the matching and guidance services provided by the exhibition to be very well-aligned with business needs, and the suppliers he encountered that day completely met his expectations.
Brazilian buyer Miguel Muller believes the shows provides an opportunity for direct communication between buyers and sellers, not only for examining product quality, pricing, and various details but also for establishing good collaborative relationships. He pointed out that on-site matching and face-to-face meetings make collaboration more efficient, while participating suppliers place great importance on understanding customer needs and are committed to growing alongside buyers.
Outlook for the Future
John Kao, Vice President of Global Sources Hong Kong and Overseas Shows, stated that the Global Sources Hong Kong Shows will continue to play a vital role in global trade, by actively partnering with more high-quality enterprises. They aim to vigorously promote innovation and development across various industries through establishing long-term, stable partnerships. The shows serve as an excellent platform for suppliers to showcase innovative products while providing buyers with timely updates on market trends and sourcing options, building a bridge for communication and cooperation between buyers and sellers, helping both parties discover more business opportunities in global trade.
As AI technology revolutionizes various sectors, the shows will continue to drive innovation in AI application products across the sourcing industry. From October 18-21, 2025, Global Sources Hong Kong Shows will organize an AI-themed product hall featuring over 1,200 booths covering seven major sectors including AI mobile devices, wearable electronics, toys, and more. The exhibition will showcase the latest applications and trends, creating a platform for exchange and cooperation between global buyers and suppliers to promote AI industry development.
About Global Sources
Global Sources is an internationally recognized multichannel Online-to-Offline (O2O) sourcing platform that has been driving global trade for over 50 years. The company connects authentic buyers and verified suppliers worldwide with tailored solutions and trusted market intelligence through its online platform GlobalSources.com, mobile apps, industry-specific trade shows, and tailored business matching. Global Sources’ unique services have successfully provided efficient and convenient commercial services to over 14 million registered international buyers and users.
This press release is distributed by Market Hubs Holdings Limited.
For Media Inquiry:
Market Hubs Holdings Limited
Lierence Li
Debbie So
+852 3998-4900
+852 3998-4900
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SOURCE Global Sources
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Technology
SK hynix Announces 3Q26 Financial Results
Published
11 minutes agoon
October 28, 2026By
Reports revenues of 104.6155 trillion won, operating profit of 83.3338 trillion won, net profit of 39.7756 trillion won; Quarterly sales surpass 100 trillion won for the first timeSales of HBM4 and high-value-added server products expanded; HBM4 expected to be the mainstream product from the fourth quarterLong-term agreements secured for more than 50% of 2027~2028 production capacity; A structure that reflects market conditions and ensures stable profitabilityMost of the gains from the Kioxia investment to be shared with shareholders, with approximately 100 trillion won in shareholder returns to be executed this year
SEOUL, South Korea, Oct. 27, 2026 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it has recorded 104.6155 trillion won in revenues, 83.3338 trillion won in operating profit (with an operating margin of 80%), and 39.7756 trillion won in net profit (with a net margin of 38%) in the third quarter.
Record quarterly results in both revenue and operating profit and revenue surpasses 100 trillion won for the first time
In a market environment in which prices of key products have risen on the back of growing demand for AI memory, the company once again posted all-time-high quarterly results in both revenue and operating profit, underpinned by the competitiveness of its high-value-added products. In particular, revenue exceeded 100 trillion won for the first time in the company’s history. Revenue and operating profit increased by 32% and 38%, from the previous quarter, respectively.
– Q2 2026: Revenue of 79.3187 trillion won, Operating Profit of 60.5426 trillion won
By product, DRAM results were driven by a significant increase in sales of server DDR5 while HBM4 shipments began in earnest. In NAND, sales of 321-layer TLC eSSD expanded, and high-value-added products for data centers continued to grow across the board.
The company’s financial structure has also become significantly concrete. At the end of the third quarter, cash and cash equivalents stood at 114.5 trillion won, up 26.5 trillion won from the end of the previous quarter, while borrowings decreased by 2.8 trillion won to 15.8 trillion won. As a result, net cash increased to 98.7 trillion won.
Memory supply shortage to persist through 2030
SK hynix analyzed that a virtuous cycle has taken hold in which AI-driven productivity gains and new revenue generation in areas such as software development, customer service, and search lead to greater AI adoption, which in turn drives increased investment in infrastructure. It also projected that, as the drivers of AI investment move beyond the early stage, when a small number of companies accounted for most of it, and broaden to include general enterprises and nation-level initiatives, the global AI data center infrastructure market will continue to grow steadily.
The company likewise expects the memory market to sustain its growth, led in the short term by enterprise and personal AI and, over the mid-to-long term, by physical AI such as autonomous driving and robotics.
The company assessed that supply, on the other hand, is not keeping pace with the growth of the market. Given technical difficulty of leading-edge processes and the long lead time required to build new production facilities, it expects the structure in which demand exceeds supply to persist through 2030.
Expanding production capacity and strengthening product competitiveness to achieve a further step up in growth next year
Building on these favorable conditions, the company plans to accelerate the expansion of production capacity and the strengthening of product competitiveness in order to sustain the current growth momentum, and to scale up revenue and profit one step further next year.
First, the company plans to rapidly increase the portion of its 10nm-class 6th generation (1c) process technology and expand sales of DDR5 and LPDDR5 SOCAMM for AI servers, thereby further strengthening its DRAM portfolio centered on high-value-added products.
To respond to surging HBM demand, the company will ramp up M15X to maximum capacity by the end of the year to increase HBM4 production. Accordingly, the company expects HBM4 to surpass HBM3E in both shipment volume and revenue in the fourth quarter and to establish itself as a mainstream product.
In NAND, the company will raise the ratio of its 321-layer process to more than half of its domestic production capacity in the fourth quarter, and thereby increase the supply of high-performance, high-capacity eSSD. Over the mid-to-long term, the company intends to develop NAND into a core solution that enhances the throughput and economic efficiency of AI services, based on HBF and system optimization technologies.
Long-term agreements secured for more than 50% of 2027~2028 production capacity and the company to drastically expand investment next year
To improve mid-to-long term demand visibility and solidify its growth foundation, SK hynix is expanding long-term agreements (LTAs) with customers. The company has currently signed LTAs with 14 major customers, including leading global cloud service providers (CSPs), and is also proactively discussing with a number of customers the possibility of extending the contract terms, which are typically five years.
The LTA volume secured to date corresponds to more than 50% of total production capacity for 2027 and 2028. In particular, by introducing a mechanism that reflects market conditions within a price range agreed upon with customers, the company has established a structure that secures stable profitability while allowing flexible responses to market changes.
Backed by the demand visibility, the company is also moving to expand its production capabilities. Next year, with the Yongin Phase 1 entering full-scale operation and domestic and overseas infrastructure investment gaining momentum, investment is expected to increase significantly. The company nevertheless plans to adjust the scale and timing of its investment flexibly, after carefully weighing customer demand, product competitiveness, profitability and investment efficiency.
Most of the gains from the Kioxia investment to be shared with shareholders, with approximately 100 trillion won in shareholder returns to be executed this year
As previously indicated in August, SK hynix announced its additional shareholder return plan. For fiscal year 2026, the company will pursue shareholder returns totaling approximately 100 trillion won, comprising cash dividends of 30 trillion won or more and share repurchases and cancellations of 60 trillion won or more in total, including the 40 trillion won announced in August. Through this, the company intends to fulfill its commitment to return 50% or more of free cash flow (FCF). Of this, the 40 trillion won share repurchase announced in August was completed last week, and the shares will be cancelled shortly.
The company also set out its principles: the dividend amount will be determined on the basis of operating results; if significant investment gains arise, they will be returned additionally through special dividends; and share repurchases will continue every quarter.
At today’s meeting, the Board of Directors resolved on a third-quarter cash dividend of 14 trillion won and a share repurchase of 20 trillion won. Of the shares to be repurchased, 10 trillion won, earmarked for shareholder returns, will be cancelled in full, while the remaining approximately 10 trillion won will be used for employee compensation and is not included in the shareholder return total.
The third-quarter dividend is 20,000 won per share, consisting of a 10,000-won dividend reflecting improved earnings and a 10,000 won special dividend that shares the gains from the Kioxia investment. The company has decided to return to shareholders most of the gains realized from its Kioxia investment this year.
SK hynix emphasized that it will deliver stable results based on robust memory demand growth and technological competitiveness and the company will consistently share financial achievements with our shareholders.
3Q26 Financial Results (K-IFRS)
*Unit: Billion KRW
3Q26
QoQ
YoY
2Q26
Change
3Q25
Change
Revenues
104,615.5
79,318.7
32 %
24,448.9
328 %
Operating Profit
83,333.8
60,542.6
38 %
11,383.4
632 %
Operating Margin
80 %
76 %
3%p
47 %
33%p
Net Income
39,775.6
93,922.6
-58 %
12,597.5
216 %
* Financial information of the earnings is based on K-IFRS
* Please note that the financial results discussed herein are preliminary and speak only as of October 28, 2026. Readers should not assume that this information remains operative at a later time.
* Percentage changes are calculated on the basis of unrounded figures.
Disclaimer
This material has been prepared by the Company for informational purposes only, and the information contained herein has not undergone any separate, independent verification process. No representations or warranties are made regarding the fairness, accuracy, or completeness of the information contained in this material, and such information should not be relied upon. Neither the Company nor its employees bear any civil, criminal, or administrative liability for any damages arising from this material or from its use.
Review of the FY2026 Q3 financial results has not been finalized. Figures in this earnings release are subject to changes during the independent auditing process.
All financial information contained in this document is based on consolidated K-IFRS.
This material contains forward-looking statements, which involve risks and uncertainties. These statements are generally identified words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” and similar expressions, or the negative of such expressions. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. SK hynix undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
This material does not constitute a solicitation for the acquisition or purchase of securities, and no part of this material should serve as the basis for any contract, agreement, or investment decision, nor should it be relied upon in connection therewith.
About SK hynix Inc.
SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.
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SOURCE SK hynix Inc.
Technology
DealLabs Builds Travel AI Data Layer with 280,000 Verified Local Records Across Seven Asian Cities
Published
11 minutes agoon
October 28, 2026By
SEOUL, South Korea, Oct. 28, 2026 /PRNewswire/ — Seoul-based travel data company DealLabs announced that it has built a database of verified local travel information for seven Asian cities: Seoul, Busan, Tokyo, Osaka, Bangkok, Taipei, and Singapore. As of October 13, the database contained more than 280,000 records, each accompanied by its source and verification date. It powers more than 23,000 guide pages and is published in formats AI systems can read directly.
It covers what travelers look for after arriving: subway station exits, timetables, first and last trains, fares, restaurants, tourist attractions, hospitals, closing days for Singapore’s hawker centers, and business hours for Taipei’s night markets. In Osaka alone, the database contains more than 114,000 records, including more than 42,000 medical institutions and pharmacies and more than 30,000 restaurant permits. In Taipei, it contains more than 63,000 records, including 7,200 station-to-station fares.
The number of times generative AI search and answer services accessed DealLabs’ data increased from around 600 times per day on a seven-day average in late September to more than 11,000 times per day in mid-October, nearly 20-fold in less than a month.
Travel information changes rapidly. On the same day, public event listings and organizers’ own notices gave different end dates for three of 25 pop-up stores in Seoul, up to 10 days apart. Business hours, closing days, last train times, and fares are among the areas where AI travel answers are most frequently inaccurate. DealLabs continuously updates this information using official sources.
All seven cities have AI-ready guide files (llms.txt) and data APIs, while Seoul also provides a standard API specification (OpenAPI). The seven cities are run using a single common engine, allowing a new city to be added simply by incorporating that city’s data and sources.
DealLabs is also piloting “Visit Plan Check,” which checks travel AI itineraries against official sources daily.
Young Cho, founder and CEO of DealLabs, said, “When travelers ask AI a question, what matters is whether the answer is accurate for that city today. We will establish a standard for local data that travel AI can rely on.”
DealLabs plans to expand its coverage to 10 cities by the end of 2026 and to 30 cities, including New York and Paris, by 2028.
For more information, please visit https://deallabs.net.
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SOURCE DEALLABS
Technology
Teijin Selects Kharon to Strengthen Export Controls Compliance Across Global Operations
Published
11 minutes agoon
October 28, 2026By
Kharon ClearView will support Teijin teams in Japan, the United States, and Europe as they navigate Japanese and U.S. export controls requirements.
DENVER, Oct. 28, 2026 /PRNewswire/ — Kharon, a data and technology company that provides risk intelligence solutions to help organizations manage regulatory and business risk, announced that Teijin Limited has selected Kharon ClearView to support its export controls compliance program.
Headquartered in Japan, Teijin operates a global materials business that includes carbon fiber and other advanced materials used in aerospace and industrial applications. Its international operations require compliance teams to navigate export control requirements across multiple jurisdictions, including Japan and the United States.
“As a global company, we need an export controls approach that can support our teams across markets,” said Hitoshi Onodera, General Manager of the Quality Assurance and Security Export Control Department and Manager of the Security Export Control Group at Teijin. “We selected Kharon because of the depth of its risk intelligence, ease of use, and its ability to give our teams greater visibility into the entities and relationships that matter to our reviews. ClearView will help us bring that context consistently into our due diligence processes across our operations.”
Teijin will deploy ClearView across its operations globally. ClearView enables compliance teams to investigate complex entity relationships, including ownership and commercial connections to parties subject to export controls and other trade restrictions.
“Advanced materials companies operate in an increasingly complex export controls environment, where understanding the parties behind a transaction can be just as important as screening the names directly involved,” said Ethan Woolley, Global Director of Strategy at Kharon. “Teijin’s decision to deploy ClearView across its operations reflects the importance of having that level of insight. We are pleased to support its teams as they strengthen their approach to export controls compliance.”
About Teijin
Teijin Limited is a Japan-based global technology company providing products and solutions across advanced materials, healthcare, and other technology-driven fields. Founded in 1918, Teijin’s businesses include high-performance materials such as aramid fibers, carbon fibers, and composites, serving applications across mobility, infrastructure, industry, and other markets. The Teijin Group comprises 126 companies and approximately 15,700 employees worldwide.
For more information, visit https://www.teijin.co.jp/.
About Kharon
Kharon’s intelligence supports compliance, trade, risk, and national security programs at organizations around the world, including seven of the 10 largest U.S. banks, six of the 10 largest EU banks, and over 35 Fortune 100 companies. Kharon’s data can also be directly integrated with AI applications and agentic operations through Kharon’s API, MCP, and agent gateway infrastructure, enabling organizations to embed Kharon’s sourced, structured insights into automated workflows alongside their teams.
Visit kharon.com and follow Kharon on LinkedIn to stay connected.
Media contact
Kharon
media@kharon.com
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SOURCE Kharon
SK hynix Announces 3Q26 Financial Results
DealLabs Builds Travel AI Data Layer with 280,000 Verified Local Records Across Seven Asian Cities
Teijin Selects Kharon to Strengthen Export Controls Compliance Across Global Operations
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