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Samsung expects surge in HK technology sales

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SCMP Reporter

With business sentiment improving in Hong Kong, South Korea's Samsung Electronics expects technology sales to pick up steam this quarter, with demand from the public sector leading the way.

Samsung, the city's leading supplier of netbooks and display monitors, said it expected healthier consumer spending to accompany steady growth in the government, small and medium-sized business and education sectors.

'The latest market data and our project wins tell me there is much room to expand in those market segments,' said Joseph Wan, the director of Samsung's information technology business group in Hong Kong.

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Wan said the government, for example, had not reduced its technology expenditure for the year despite the economic downturn.

'We have also installed more than 2,000 displays at the Hong Kong International Airport, including about 300 at the luggage claims and check-in counters early this year,' he said.

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Samsung's information-technology business unit sells notebook computers, printers and display monitors to the consumer and commercial markets.

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