Published: September 24, 2008
Custom Private Sourcing Event helps NEC speed negotiations and orders with quality Greater China suppliers
HONG KONG, Sept. 25 /Xinhua-PRNewswire-FirstCall/ -- NEC, one of the
world's top electronics and semiconductor manufacturers, sent three sourcing
teams to meet 13 pre-screened Global Sources (Nasdaq: GSOL) suppliers at a
Custom Private Sourcing Event ( http://www.PrivateSourcingEvents.com ) in
Shenzhen on Sept. 22.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Due to the
intense pre-screening Global Sources and buyers put suppliers through before
participating in these exclusive events, top brands like NEC can feel
confident about sourcing from the suppliers they meet. This enables both
parties to save time when they are face-to-face to get right down to product
discussions and negotiation."
Product categories that NEC buyers were sourcing at the Event were
communication equipment, electronic and mechanical components.
NEC Deputy Department Manager, K.W. Wong, said: "NEC produces high quality
products for our customers. For this purpose, we need to ensure each component
meets our quality requirements and that starts with choosing reliable
suppliers.
"Private Sourcing Events help us find suppliers who can meet our high
standards so we can produce electronics that meet our customers' high
standards. Global Sources has done an outstanding job in putting this together
to meet our exact requirements. It was an incredibly productive event."
Hinrichs said: "Private Sourcing Events have gained a reputation for
attracting quality suppliers, so more top buyers are requesting to
participate. In fact, big industry players like Samsung, NEC and Lowe's have
participated in Custom Private Sourcing Events which enable them to send
multiple buying teams to meet with Global Sources suppliers."
World's top buyers scheduled to attend upcoming Private Sourcing Events
Eighty Private Sourcing Events are scheduled for 2008, with dozens of
buyers including Casino, Chubb, Office Depot and Sears confirmed to
participate. All Private Sourcing Events are complimentary for buyers and only
Global Sources suppliers are eligible to participate. A list of upcoming
Private Sourcing Events is available at http://www.PrivateSourcingEvents.com .
Suppliers wishing to participate should contact csm@globalsources.com.
Specialized Global Sources websites, face-to-face events and trade
magazines
Private Sourcing Events are part of the Global Sources' sourcing and
product information services. These include Global Sources Online
( http://www.globalsources.com ), China Sourcing Fairs
( http://www.chinasourcingfair.com ), Global Sources monthly magazines and
Global Sources Direct ( http://www.GlobalSourcesDirect.com ).
For more information about Global Sources' products and services to
connect quality buyers and quality suppliers, visit
http://corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business media company and a
primary facilitator of trade withGreater China. The core business is
facilitating trade fromGreater China to the world, using a wide range of
English-language media. The other business segments facilitate trade from the
world toGreater China, and trade withinChina, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated
marketing services to suppliers. It helps a community of over 725,000 active
buyers source more profitably from complex overseas supply markets. With the
goal of providing the most effective ways possible to advertise, market and
sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over
230 countries.
The company offers the most extensive range of media and export marketing
services in the industries it serves. It delivers information on 4.3 million
products and more than 196,000 suppliers annually through 14 online
marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9
specialized trade shows which run 27 times a year across eight cities.
Suppliers receive more than 36 million sales leads annually from buyers
through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 37 years. Global
Sources' network covers more than 69 cities worldwide. In mainlandChina,
Global Sources has over 2,800 team members in more than 44 locations, and a
community of over 1 million registered online users and magazine readers for
Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.:
Kirsten Chapman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: investor@globalsources.com
SOURCE Global Sources
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