(Hong Kong－ 20 December 2019) A specialist in design, manufacturing and Internet of Things (“IoT”) solutions in the electronics manufacturing services industry – Computime Group Limited (“Computime” or the “Company”, together with its subsidiaries the “Group”, stock code: 320.HK) is pleased to announce that on 20 December 2019, a wholly-owned subsidiary of the Company (the “Purchaser”) has entered into an agreement with Rubicon Sapphire Technology (Malaysia) Sdn. Bhd. (the “Vendor”), to acquire the manufacturing facilities in Malaysia (the “Manufacturing Facilities”) at the purchase price of RM20,750,000.00 (equivalent to approximately HK$39,010,000.00).
The Manufacturing Facilities to be acquired include a parcel of 60 year leasehold land of 12,383 m2 in Pulau Pinang, Malaysia with an unexpired term of about 51 years expiring on 15 March 2071, together with all the buildings erected thereon, which include, inter alia, factory premises with a total gross area of approximately 6967.67 m2. Upon completion of the agreement, Computime will indirectly hold the Manufacturing Facilities.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, stated, “After completing the acquisition, the Group intends to utilise the Manufacturing Facilities for the development of its own manufacturing and supply chain capabilities in Malaysia. Going forward, diversification of manufacturing site is part of the strategic direction of the Group because it further enhances the competitiveness of the Group. This arrangement provides the flexibility for more customization and optimization that will benefit both the up-coming needs of our customers and Computime. ASEAN countries like Malaysia have many advantages to offer, and Penang is especially attractive to Computime. Penang was chosen because it has a long electronics manufacturing history, a good technical foundation, an availability in human resources, a close proximity to Hong Kong, and appropriate language skills that are important criteria which match the needs of Computime, including speed to bring up operations and production of the factory and a long term sustainability of future growth of the Penang site.
The Company looks forward to the contribution of this recent important acquisition to support its aggressive growth plan. We plan to have the factory be ready for operations in relatively short time in order to meet the urgent market customers’ demand.”
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Computime is going “Smart”
Smart solutions and Internet of Things (“IoT”) are redefining our world and reshaping our life. This is the trend the world is moving towards to and it is also the key to Computime’s future development. Through years of research and development, Computime has successfully developed solutions in smart home heating based on IoT and voice recognition technologies. These solutions have been deployed as products and launched by our own brand Salus in Europe and now in North America, as well as successfully adopted by one of the largest European utility companies, serving over hundred and thousands of consumers. Leveraging on years of experience and solid research and development capabilities, Computime has established as a leading player in the smart home solution arena.
The market of smart solutions and IoT is growing rapidly. Hong Kong, with its unique geographical location and resources, is well-positioned to be a smart city and a platform for smart solution companies to go global. Dr. King Owyang, the Chief Executive Officer and Executive Director of Computime says, “As a creative engineering and electronic control system developer and manufacturer based in Hong Kong, Computime has the favourable advantages to capture the opportunities from the Hong Kong Government to further enrich our technology portfolio, and also the business development from the Greater Bay Area in the near future. On top of the geographical expansion, Computime has the favourable advantages to capture the opportunities from the Greater Bay Area, the countries under the Belt and Road Initiative, as well as other overseas markets. In terms of business segments diversification, Computime is also actively exploring opportunities to apply the self-developed smart solutions in hospitality, e-healthcare, food and diet industries. We are aiming to be one of the top players in the global smart home solution and IoT industry.”
Recently, The Hong Kong Trade and Development Council (“HKTDC”) had a pleasant interview with Dr. King Owyang in light of the visions going forward. To know more, please feel free to view the video below.
(HONG KONG, 3 July 2019) – Computime Group Limited (“Computi ..
HONG KONG, 16 April 2019 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) announced today that its reliability lab has been listed in the TÜV SÜD Product Service Group Listing as Recognized Laboratories and is qualified in compliance with the TÜV SÜD External Test Laboratory program for the mutually agreed product categories and standards. Computime’s Reliability Laboratory in Shenzhen is the first and the only accredited laboratory by TÜV SÜD for the standard EN/IEC 60730-1 and EN/IEC 60730-2-9 in Guangdong province, the People’s Republic of China. The qualification allows Computime to internally conduct thermostat testing according to TÜV SÜD standards, validating the Company’s excellent quality control and professional testing capabilities.
Headquartered in Munich, Germany, TÜV SÜD is one of the world’s leading technical service providers of testing and product certification, inspection, auditing and system certifications. Previously, Computime’s self-developed thermostats were sent to the laboratory of TÜV SÜD Certification and Testing (China) Co., Ltd. Guangzhou Branch for testing and product certification. With the recent accreditation, the test results of Computime’s Reliability Laboratory in Shenzhen can now be used as a basis for TÜV SÜD certification for thermostats, as far as the testing facilities meet the requirements of TÜV SÜD and the tests are conducted under supervision and witness of the engineer(s) of TÜV SÜD China Guangzhou Branch. Accordingly, Computime’s product development cycle will be shortened, enabling quicker time-to-market for customers. To obtain the accreditation, Computime must comply with stringent standards set out by TÜV SÜD on laboratory operation procedures according to ISO17025 international standard, as well as facility specifications including power supply, consumable materials and calibration of equipment.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, said: “It is a great honor to be endorsed by TÜV SÜD as one of their recognized laboratories. We at Computime place great emphasis on quality control, and have equipped our Shenzhen-based reliability lab with a comprehensive range of quality assurance tests in order to offer world-class products and services to our customers. The certification from TÜV SÜD acknowledges our relentless effort in quality control. At the same time, the shortened turnaround time-to-market improves our competitiveness for our services and products and brings extra benefits to our customers.”
“Our reliability lab is also included in the prestigious UL Witnessed Test Data Program by UL LLC, a global company with expertise in safety testing. With both TÜV SÜD and UL certifications, our reliability lab adequately covers testing of products sold in our two major markets – Europe and North America. As a technology-driven company, we will continue to strengthen our quality control and R&D capabilities, producing technologically advanced and safe products that enhance consumers’ quality of life.” Dr. Owyang added.
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HONG KONG, 9 January 2019 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) has made its debut at the 2019 Consumer Electronics Show (“CES”) in Las Vegas on 8-11 January 2019. The Company is unveiling its latest Internet-of-Things (“IoT”) solutions, designed to enhance the smart lifestyle of homeowners and to provide them with peace of mind.
Foreseeing the high growth potential of IoT and smart living solutions, Computime has been investing heavily in R&D initiatives over the years, developing core competencies in wireless technologies and IoT knowhow. With these expertise, the Company has emerged as a market leader in the design, manufacturing and commercialization of both off-the-shelf and customized intelligent solutions for the home. At the 2019 CES, Computime presents its comprehensive range of smart home solutions featuring the following essential aspects of a smart living lifestyle:
Enhanced Security – Computime understands that it is of utmost importance to ensure the home is a safe place. No matter where homeowners are, Computime’s solutions can help protect their homes, assets and families by detecting anomalous events and providing real-time notifications that require attention. Devices offering peace of mind include video doorbells, IP cameras, motion sensors, window/door sensors, water leakage sensors and water shutoff valves.
Energy Saving – Energy consumption is the largest expenditure of the home. With its award-winning heating control technology, coupled with other smart devices such as programmable thermostats, smart plugs and window/door sensors, Computime’s solutions allow for the optimization of energy consumption at the home by automatically adjusting the optimal indoor temperature and intelligently connecting various home devices.
Additional Comfort – The voice-enabled automation and personalization features of Computime’s solutions can minimize hassles for customers and improve their quality of life. With the option to select the right devices from Computime’s comprehensive smart home product portfolio, homeowners can control their homes to suit their lifestyles with their fingertips or by saying just a few words.
What is more, all of the above benefits will be delivered to customers at an affordable price. The Company believes that offering economical solutions is essential to driving the adoption of smart technologies and helping more people increase savings while improving their lifestyles. With this philosophy in mind, the Company plans to extend its core competence in IoT knowhow beyond the smart home to the car, bringing the same benefits – security, energy saving and comfort – to both drivers and passengers. Computime’s connected car offerings, currently in development, will enable automakers and auto suppliers to deploy and manage connected car services in a reliable and economical way.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, said, “We are excited about our first presence at the CES, which not only elevates our global footprint but also demonstrates a step further in our transformation journey. The solutions we showcase at the CES are perfectly aligned with our commitment to connected living and to enhance user experience at an affordable price. We will continue to innovate in order to accelerate IoT adoption, and to make people’s lives easier.”
Visit Computime at LVCC, South Plaza #60921, CES to learn more about its new solutions and technologies or for a product demonstration.
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HONG KONG, 12 December 2018 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) has garnered the 2018 Hong Kong Awards for Industries (“HKAI”): Technological Achievement Award for its ground-breaking advanced heating control technology. A total of 84 companies, chosen from among 259 entries, were honored in the seven categories of 2018 HKAI. Computime was recognized for its significant contribution to Hong Kong’s vibrant intellectual property ecosystem.
Computime’s focus has been to apply self-developed technology on traditional heating systems from all over the world to enhance system performance and to optimize energy consumption, without sacrificing comfort. Enhanced controllability, ease of installation, and reliable operation are all at the heart of Computime’s drive to innovate in the heating controls market. Below are just a few of the recently developed innovations – with a lot more to come:
A variable flow control – the system learns through its past performance and delivers just enough energy to maintain the set temperature, which reduces energy usage and improves user comfort through the much smoother temperature output;
A cloud-based system with unlimited number of time schedules gives users a high level of flexibility to adjust the heating pattern according to their living patterns;
A rules-based system responds to the environment which facilitates home automation.
With these innovations, Computime’s technology in heating control systems is able to reduce energy consumption by up to 20-25% relative to traditional approaches, while maintaining a comfortable, consistent temperature.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, said, “We are honored to receive the prestigious HKAI award. Computime is the first provider of a comprehensive intelligent connected system for hydronic heating controls, and this has made us a market leader in the HVAC industry. The award recognizes our commitment in delivering world-class innovative solutions to our customers, spanning from Europe to North America. As a Hong Kong-based company, we are proud to be able to introduce locally-developed technologies that are behind many internationally recognized ground-breaking products. The next step in our development roadmap is to utilize data coming from connected heating systems to identify anomalies in system performance and alert users to these faults. Through these efforts, we expect the system to become more efficient and increase savings for customers in the future.”
Dr. Wai Leung Ha, Executive Vice President of Technologies of Computime, said, “R&D is an integral part of our business development process. Our R&D team always take a holistic approach in understanding the system needs and customer expectation to develop innovative solutions using the latest advancement in technology such as machine learning, data mining and senor knowhow. Our intent is to create product differentiation that offers value and performance for our customers. Our R&D culture is to have an open-minded attitude, to encourage creativity and out-of-the-box thinking, and to learn from past mistakes. It was in this spirit that this advanced hydronic heating control system was developed, and it is rewarding to witness the success we are receiving from the marketplace.”
Championed by the Hong Kong SAR Government, the HKAI aims to recognize the outstanding performance and achievements of Hong Kong enterprises. The Technological Achievement Award was granted to Computime’s advanced hydronic control technology based on criteria including technology merits, intellectual property, impact on industry, market recognition of the technology, and the technology culture of the company.
PHOTO CAPTION
Dr King Receives Award 1024x706
Computime Group Limited Executive Director and CEO Dr. King Owyang
receives the 2018 Hong Kong Awards for Industries: Technological Achievement Award
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Staying on the right transformation trajectory to become a technology-driven company
Targeted action plan to drive performance enhancement
Results Highlights
Sales momentum slowdown amid increased volatility of the global macro-economic environment, US tariff uncertainties and rising component costs, yet gradually accelerated in the later part of 1H FY18/19
Gross profit margin maintained at last year’s level through targeted initiatives
In the course of transformation, the Company realigned into two segments – Smart Solutions and Contract Manufacturing Services with sharper deployment of resources and core competencies to best leverage the opportunities of specific markets
Our own brand SALUS enjoyed a 36% sales growth year-on-year
HONG KONG, 22 November 2018 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) today announces its consolidated results for the six months ended 30 September 2018 (“1H FY18/19”, or the “Period”).
With increasing volatility of the global macro-economic environment; US tariff uncertainties, combined with escalating component costs in the early part of the year, sales momentum slowed down in 1H FY18/19. During the Period, revenue landed at HK$1,532.4 million, a 19.8% decline compared to same period last year. Similar to last year’s level, gross profit margin managed to keep at 14.6% in 1H FY18/19. Proactive rationalization of trading terms; enhancement in productivity as well as favorable product mix have mitigated the negative impact from escalated component costs. Total operating expenses have been driven down by 10.7% year-on-year to HK$185.6 million in 1H FY18/19, yet cost ratio (as a % of revenue) is less favorable due to lower economy of scale in leveraging fixed costs at lower revenue level. Profit attributable to owners of the Company amounted to HK$24.9 million in 1H FY18/19, a decline of 53.5%.
As a result of a targeted action plan formulated to drive performance during the Period, coupled with stabilization of the component market, sales momentum and profitability have gradually accelerated in the later part of 1H FY18/19.
Business Review
In the course of Computime transforming itself into a technology-driven company, the Company has reorganized its business into two segments – Smart Solutions (“SS”) and Contract Manufacturing Services (“CMS”), reflecting the different nature of these segments.
The SS segment focuses on products and total system solutions within the growing Internet-of-Things space. It includes both SALUS branded products and Connected Solutions, which covers Heating, Ventilation and Air Conditioning solutions (mainly consisting of the previous “Building and Home Controls” segment) as well as new business initiatives. During the Period, SS segment revenue fell 25.0% to HK$561.6 million year-on-year. A key customer has revised its inventory build in response to business slowdown, while a few other key customers have taken a prudent approach in view of the uncertainties over the newly imposed US tariffs, leading to slowdown in sales momentum.
The SALUS business, which is included in the SS segment, started to gain traction and recorded across-the-board growth in all European and North American regions during the Period, driven by successful business strategies to expand sales channels and new product launches. Overall, the SALUS revenue grew 36% in 1H FY18/19 as compared with same period last year.
The CMS segment focuses on manufacturing services (mainly a combination of the previous “Appliance Controls” and “Commercial and Industrial Controls” segments), aiming to drive profitability by developing an optimal manufacturing business model for the Company. CMS segment revenue fell 16.5% to HK$970.8 million year-on-year. During the Period, customers in the home appliance sector suffered from industry downturn and reduced orders. On the other hand, sales from the commercial and industrial sector remained nearly flat, as loss in orders from a couple of key customers were compensated by increased orders from other existing accounts.
Outlook
The SS segment has been heavily impacted by the ongoing trade dispute between the US and China, yet management has been actively rolling out initiatives to mitigate this impact. Despite the setback in 1H FY18/19, the SS segment has successfully won some strategic accounts recently. Meanwhile, benefiting from innovative product launches, rising market recognition and business strategies to expand sales channels, the strong growth momentum of SALUS is expected to continue into the second half of FY18/19. As for the CMS segment, the Company has been continuously strengthening its sourcing strategies, and has recently been able to recover partial sales from a couple of major customers.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, said, “We remain in the midst of a major transformation. Despite the short term volatility we faced thus far this financial year, our strategic focus stays clear, which is expected to drive Computime into a technology-driven company. Following the business reorganization, we are able to align resources and core competencies to meet customer needs while staying competitive in the marketplace. Our company’s fundamentals remain strong. With four decades of operating history and a solid track record of performance enhancement, we are confident in navigating through the current volatility and leverage the huge business potentials mapped out.”
Mr. George Poon, Chief Financial Officer of Computime, said, “With the Company marching toward the realization of huge market potentials and business opportunities, FY18/19 is the year to deepen our transformation in respect of manufacturing capabilities and efficiency, sourcing strategies, and supply chain management to further strengthen the Company’s fundamentals to best drive shareholder’s value enhancement.”
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Continuing Growth in Top Line Revenue
Net Profit Increased by Over 10% When Excluding Non-core Business
Financial Highlights
– Revenue increased by 5.0% to HK$3,867.5 million, driven by new key customers as well as growth of certain existing customers
– Consolidated net profit remained flat at HK$126.4 million, while net profit excluding non-core brand distribution business rose by 10.3%
– Basic earnings per share of 15.1 HK cents
– Final dividend of 7.5 HK cents, translating to a full year payout ratio of 49.8%
– Gross profit margin fell slightly from 14.7% to 14.5%, while operating expenses as a percentage of revenue improved from 10.6% to 10.2%
HONG KONG, 27 June 2018 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) today announces its audited consolidated results for the year ended 31 March 2018 (“FY2018”, or the “Year”).
During FY2018, Computime recorded revenue of HK$3,867.5 million, a year-on-year increase of 5.0%, driven by new key customers as well as growth of certain existing customers. Gross profit for the Year amounted to HK$562.7 million, an increase of 4.2% compared to FY2017, while gross profit margin fell slightly from 14.7% in FY2017 to 14.5% in FY2018 as benefits of sales and operational improvement were offset by a significant rise in the prices of certain raw material commodities. Total operating expenses rose by 1.7% to HK$395.4 million, mainly attributable to office expansion, marketing and sales initiatives, and research and development (“R&D”) related to the Company’s own line of branded products, SALUS, in Europe and North America. Total operating expenses as a percentage of total revenue improved from 10.6% to 10.2%.
Net profit of the Company was largely in line with FY2017 at HK$126.4 million, with basic earnings per share of 15.1 HK cents. However, excluding the non-core brand distribution business, net profit increased by 10.3% in FY2018, continuing the growth momentum experienced in the past five fiscal years. As announced earlier in the Year, the Company has begun deemphasizing its non-core business in brand distribution to better focus its attention and resources in the highly lucrative Internet-of-Things (“IoT”) and smart devices sectors. The Board has proposed a final dividend of 7.5 HK cents per share, equivalent to a payout ratio of 49.8%.
Business Review
The Company has been growing the more profitable segments of the business, with a 9.9% year-on-year revenue growth for the combined Commercial and Industrial Controls (“CIC”) and Building and Home Controls (“BHC”) segments. The lower margin Appliance Controls (“APC”) segment recorded a 1.8% reduction in revenue, as the Company deliberately diverted resources away from low margin product lines within this segment.
The SALUS business, which is the Company’s own line of proprietary thermostatic controls and home automation products sold in Europe and North America, generated revenue in line with that of the prior year in local currency terms. The UK construction market continued to be mired by Brexit uncertainties, negatively affecting sales of SALUS products in the UK as wholesalers and distributors adopted more conservative purchasing strategies. However, in the rest of the European territories, especially the Nordic regions, SALUS posted healthy sales growth.
Outlook
The Company expects the growth momentum for its higher margin businesses will continue given the strong demand for its products and services in these areas, but certain macro issues, such as the ongoing global trade disputes and constrained supply of certain critical electronic components, could potentially dominate during FY2019 and affect the Company’s short term overall performance.
Looking forward into the longer term, the Company strongly believes its plans and strategies will deliver exceptional results for its customers and shareholders. Leveraging its solid manufacturing foundation and increasingly sophisticated technical capabilities, the Company has a strong portfolio of innovative IoT-related technologies with increasingly wider applications to serve its Electronic Manufacturing Services (“EMS”) customers. The Company’s EMS business will continue to serve as a foundation of support as it invests in more advanced technologies while expanding the SALUS brand.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, said, “I am pleased to say that our growing technical capabilities are increasingly being recognized by the marketplace, opening up new and sizeable market opportunities for us. For example, our SALUS brand recently entered into a strategic alliance in the UK to become the designated provider of smart heating control devices for a large global electronics conglomerate in their participation in utility tenders for smart home projects. We also won orders from both existing and new EMS customers for technologically advanced products, and are in discussions with other customers regarding large-scale white label projects in the IoT area. Despite these encouraging developments, uncertainties in macro factors could overshadow our performance in the short term. We are cautiously optimistic about FY2019, and will strive to manage uncertainties to the best of our abilities to deliver the best possible results. Regardless of the external environment, we will stay focused on our vision of becoming a global technology-driven company. Our change journey is far from over. We are constantly rethinking ourselves and making changes that will provide further benefits to our stakeholders. I am confident that, as we stay on this transformation trajectory, we will emerge as a winner in this digital age.”
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HONG KONG, 14 May 2018 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) reached another milestone in its transformation into a technology-driven company with the relocation of its corporate headquarters into Hong Kong Science Park.
Hong Kong Science Park is regarded as a major hub for Hong Kong’s innovation and technology (“I&T”) sector, with world-class infrastructure and home to some of the top talent and facilities for research and development (“R&D”). There are about 9,000 engineers and technology innovators involved in R&D at the Park every day, designing and testing solutions in artificial intelligence (“AI”), robotics, Internet of Things (“IoT”), biotech and data analytics.
Computime’s move not only reflects the Company’s business expansion, but also puts Computime right in the heart of one of the most vibrant I&T ecosystems in the Greater Bay Area in southern China. The Company will now have greater opportunities to engage and share knowledge with 600 companies and start-ups, spark new ideas with the aim of initiating potential partnerships and collaborations for innovative products.
To kick off this new milestone for the Company, Computime co-hosted a forum on “Advancements in Data Analytics” with Hong Kong Science and Technology Parks Corporation (“HKSTP”) today. Attendees included Hong Kong Government officials, academics, investors, analysts and industry peers. The Forum highlighted presentations and discussions on machine learning, a form of AI, and its impact on everyday lives. Computime shared its insights and expertise in interconnected technology and data analytics with other global experts in the field.
Dr. King Owyang, Executive Director and Chief Executive Officer of Computime, said, “I have always believed that sustainable development in technology requires the cooperation and partnership between the government, academia and corporations. I am particularly delighted to see representatives from each of these sectors hold engaging and robust discussions today. Science Park provides not only a location, but also the innovators, the thinkers, and a living lab where ideas can be tested and fine-tuned. May our move here further add to the vibrant R&D environment that the Park is already known for, and help produce innovative solutions that will move Hong Kong closer to becoming a world-class smart city.”
Mr. Albert Wong, Chief Executive Officer of HKSTP, said, “Computime is a home-grown Hong Kong company that embodies true digital transformation. They saw the opportunity and evolved from a manufacturer into an innovative technology developer. They not only conceptualise and produce solutions that are award-winning, but are also very practical and aligned with our Smart City initiatives. We welcome Computime to the Hong Kong Science Park family and look forward to seeing them share their knowledge and collaborate with other innovators at the Park.”
Computime embarked on its transformation journey over 10 years ago, when it began transitioning from a traditional electronics manufacturer to a global technology company. As a home-grown Hong Kong enterprise with over 40 years of heritage, the Company has always carried a forward-looking vision to be dynamic and embrace a fast-changing technology landscape. Foreseeing the high potential growth of IoT and Smart Living solutions, the Company invested heavily in R&D initiatives, establishing R&D facilities in Hong Kong, Shenzhen, Cincinnati and Silicon Valley. The Company has since developed expertise in advanced electronic control and wireless connectivity, providing sophisticated solutions to complex engineering and manufacturing challenges for its Electronic Manufacturing Services (“EMS”) customers. The Company also launched SALUS, a line of smart home connected products that are distributed and sold in Europe and North America. Computime’s efforts recently began to bear fruit with wider market recognition. Its SALUS Smart Comfort System, a first-to-market IoT solution that focuses on home comfort, won the Gold Award in the Smart Living Category of the prestigious Hong Kong Information and Communications Technology Awards 2018.
Dr. King Owyang, Computime Group Limited Executive Director and CEO (right), together with Mr. Donald Mak, Assistant Government Chief Information Officer (IT Infrastructure), Office of the Government Chief Information Officer, HKSAR Government (left), kicked off the opening of the Advancements in Data Analytics forum.
HONG KONG, 7 May 2018 – Computime Group Limited (“Computime” or the “Company”; stock code: 0320) is pleased to announce a major milestone in its journey of transformation into a technology-driven company: it has relocated its headquarters into the Hong Kong Science Park, Hong Kong’s major hub for driving technological innovation and development, to continue its pursuit for excellence and growth in technological innovation in this new era of Big Data, AI and Internet of Things (“IoT”). With this move, Computime has enlarged its footprint and formally become part of Hong Kong’s innovation and technology ecosystem, allowing the Company to further seek collaborations with other technology innovators and create synergistic opportunities.
In celebration of this important milestone, Computime has joined hands with Hong Kong Science and Technology Parks Corporation (“HKSTP”) to host a forum titled Advancements in Data Analytics (the “Forum”) at the Hong Kong Science Park on 14 May 2018. Emerging as a market leader in the design, manufacturing and commercialization of IoT and home automation products, Computime has developed both expertise and insights into the practical use of IoT and data analytics. The Forum will share some of these insights alongside with other global experts in these fields, providing an avenue for technology innovators to explore how we can best harness the power of machine learning for the greater good of the society. Computime hopes that the Forum will encourage further discussions and innovations in Hong Kong’s technological sphere, thereby helping Hong Kong advance into a world class smart city.
The Forum will be opened by Mrs. Fanny Law, Chairperson of HKSTP. The keynote speeches at the Forum cover three important aspects of a smart city – smart living, smart mobility and smart healthcare, followed by a panel discussion to explore how data-driven machine learning is driving improvements in the way we live. Speakers and panelists include:
Scott Hublou, VP – Global Connected Services, SALUS
Karthik Chandrasekaran, Senior Managing Consultant, Global Electronics Centre of Competence, IBM Services
Antonio Wong Shek-tung, Co-founder & CEO, GreenSafety Technology
Dina Katabi, Andrew & Erna Viterbi Professor of Electrical Engineering and Computer Science, Massachusetts Institute of Technology
Helen Meng, Professor and Chairman, Department of Systems Engineering and Engineering Management, The Chinese University of Hong Kong
Charles Sodini, Professor, Electrical Engineering, Massachusetts Institute of Technology
More information on the Forum can be found below:
Date: 14 May 2018 (Monday)
Time: 13:30 – 18:00 HKT
Venue: Function Hall, 1/F, Building 12W, Science Park, Shatin, Hong Kong
Fee: Free of charge
For further details and to register for the Forum, please visit:
dataanalytics-forum.com
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