Annual Report 2015
Karin Technology Holdings Limited
3
in China, Hong Kong and Singapore in the past decade
and will continue to do so in the years to come.
PRODUCT-MARKETING, LOGISTICS AND
PRODUCTIVITY DEVELOPMENT
Despite the slowdown of corporate investment and the
upcoming paradigm shift in IT cloud computing, Internet
of Things (“
IoT
”) and China’s national infrastructure
investment in the coming years, Karin has been investing
in staff training in technical skillset to enhance customer
support in the current business and developing new
products and solutions in ITSS’s security and networking
application, EECG’s consumer electronics production and
IMIG’s energy saving and renewal energy market. Indeed,
product marketing is a business strategy that Karin will
take to develop new business opportunities with significant
revenue potential for the Group from FY2016 onward.
ITSS & CEP are working on Information and Communications
Technology (“
ICT
”), cloud and mobile computing, social
media and big data applications that will drive and lead Karin
into its leap to the new horizon as the market is powered
by highly dynamic, responsive, automated, virtualized
and secured platforms. CEP has strong relationships and
coverage in key retail outlets in Hong Kong and Macau.
With a strong and established channel network, CEP will
keep on expanding its business by offering more trendy and
stylish products as part of its long term strategy.
IMIG focuses on China’s National Infrastructure and ‘One
Belt, One Road’ strategy and emerging ASEAN markets
that will provide great business opportunities to Karin for
the coming decades. In the long run, IMIG will coordinate
Karin’s network in China and (through Singapore) the
ASEAN region and work out infrastructure projects like
energy-saving and environmental protection products
and solutions for the infrastructure markets, including
telecommunications, renewable energy, electric vehicle
and railway.
EECG and ICAD will catch up with the growing production
markets in the region and will further develop new products
in the wireless wearable device, smartphone, healthcare
and automobile applications. On top of our existing product
lines from Japan and Taiwan, EECG is also strengthening
Karin’s product lines from North America, China and Europe
with value-added product and customers’ competitive
advantage. ICAD has extended the skillset of wireless
application and control system in linking mobile devices
from iOS to Android platforms and Blue-Tooth Low Power
Technology BT4.1 (BT4.1 supports IPv6 for IoT application)
on different applications that require low energy and low
data rate for short range transfer. Typical applications
are alarm, AC switch timer, game and other consumer
products.
Some of the industry leaders have redefined the future
business environment and industry evolution as “IT 2.0 and
Industry 4.0” in the years to come, initiating a paradigm
shift of the Electronics, IT Solutions and Services and Heavy
Industries for industry players including Karin in the near
future. Karin is poised for this impending shift.
Besides implementing a new ERP system as a means of
providing quality and cost effective IT services to the
Group’s SBUs, Karin has been investing in the development
of Intranet Applications to automate traditional operations
to a collaborated digital operations environment that
will enhance quality, effectiveness, traceability and
manageability, as well as control and provide data analysis
for further operational improvements. By continuously
improving the IT infrastructure and B2B automation
environment, the Group has established an agile, secure
(with data-protection and sustainable to disaster), efficient
and reliable operation to support current and continuous
growth. The Group’s IT infrastructure and platform can be
easily but securely accessed by authorised users anywhere
and anytime, increasing our agility to meet vendors and
serve customers with the Group’s ever changing business
models.
CHALLENGE AHEAD
The slowdown of the global economy, in particular the
stock market correction in China, is the key issue that
affects manufacturers’ production plan and corporations’
investment decisions in FY2016. Nevertheless, China’s
continued investment in national infrastructure will provide
increasing business opportunities to Karin. In the longer
term, Karin will continue to invest in its core competency-
building, technical skillsets and logistic efficiency as a means
to be a leading professional value-added service provider
in the industry. The Board strongly believes that the Karin
Group will continue to grow and reward its shareholders
as well as stakeholders in the years to come.
Ng Kin Wing, Raymond
Executive Chairman and CEO, Karin Group
