Watches and clocks
Hong Kong's watches and clocks
industry was established in the 1950's. The invention of electronic
watches in the mid 1970's was the turning point for the development
of Hong Kong's watches and clocks industry, which marked the beginning
of another era.
From 1980 to 1982, Hong Kong
was the world's third largest exporter of watches and clocks in terms
of value, followed by Japan. From 1981 to 1987, Hong Kong's domestic
exports of watches and clocks increased by 105%, with an average annual
growth rate of approximately 16%.
Today Hong Kong is the world's
second largest exporter of complete watches in terms of both value and
quantity, while its exports of complete clock, rank the largest and
second largest in terms of both value and quantity respectively.
With an export value of 8,973 million in 1998, the watches and clocks
industry is the fourth largest export earner in Hong Kong's industry
by value, next only to clothing, electronics and textiles industries.
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One of the territory's major
watch making factories, based in Aberdeen, uses computerised equipment
to ensure that watches have the correct thickness of gold or silver
plating. |
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A clock manufacturer is introducing
new products to his foreign client in the showing room. |
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A Tuen Mun factory specializes
in traditional hand-painted and carved wall clocks with cases made of
rosewood or teak.
A factory operating in small
premises in a multi-storey building in Tai Kok Tsui produces easy-to-read
wall clocks which are exported worldwide.
A craftsman at work on cases
for grandfather clocks.
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