Hong Kong Science and Technology Parks Corporation (HKSTP) has partnered with a global semiconductor leader in a strategic co-incubation programme to fulfil the innovation potential of up-and-coming start-ups seeking to unlock the huge microelectronics potential of the Greater Bay Area (GBA). The three-year programme is aimed at nurturing high-potential start-ups in the fast-growing microelectronics sector, fuelled today by surging growth in mobility, edge computing and smart city developments.
The company became a company of HKSTP in 2014 and is located in the Hong Kong Science Park. As a global leader in energy efficiency, mobility, security, IoT and big data technologies, the company is the ideal partner in fostering start-ups and partnering with them to transform innovative ideas into marketable products and solutions. This latest partnership is one of HKSTP’s series of co-incubation programmes with sector leaders in industry, government, academia and technology to support start-ups with the full capabilities of this powerful innovation network.
The toughest period for many early-stage startups is when turning their ideas into a viable product and finding use cases to drive market adoption. Testing, pilot trials, exploring market opportunities require extensive time, effort, infrastructure and critical partnerships.
With the launch of the co-incubation programme, the company will share its expertise through conducting a series of theme-specific training sessions on power and sensor systems; cooperate with the right startup partners on various trial projects and driving new business opportunities, and leveraging their leading-edge technologies to create more value for the start-up community in Hong Kong.
The CEO at HKSTP stated that the Park is partnering with world-class innovators like Infineon to provide crucial support and opportunities to high-potential start-ups facing the most critical stage of growth in their innovation journey. Passionate, ambitious students and innovators from around the world are urged to join the Park’s growing eco-system that offers world-class expertise, infrastructure and capabilities to fast-track microelectronics commercialisation and adoption. Partnerships like this will further elevate Hong Kong and the GBA as a global hub for advanced electronics innovation, manufacturing and market opportunity, he added.
Meanwhile, the Senior Vice President & Greater China Head of Power & Sensor Systems and Managing Director, of the company stated that as one of the top 10 semiconductor companies in the world, the company plays a key role in making life easier, safer and greener – with microelectronics that link the real and the digital worlds. He noted that this co-incubation partnership with HKSTP enables them to work with leading start-ups at the cutting edge of innovation to help them progress towards success while adding incredible value to their mission to leverage the power of microelectronics in shaping the business and world of tomorrow.
Over the past few years, the company has been actively collaborating with the HKSTP on various activities such as the building of the HKSTP Data Analytics Platform, utilizing Infineon radar sensors in applications relating to smart people flow management systems, smart building access & lighting management systems and smart parking systems, all of which help to enhance the development of smart city environments.
Start-ups joining the new co-incubation programme can also leverage dedicated testing and market validation facilities at HKSTP to further accelerate the journey to growth and success. The HKSTP Sensor Lab provides a dedicated hardware hub to support the full research and development cycle of microsensors and associated devices, including sensor design, fabrication and pilot runs, packaging, and testing. While HKSTP’s STP Platform helps start-ups and corporate partners to co-create, realise and visualise technology at its full potential. Extensive data collaboration and virtual lab capabilities allow start-ups to test, pilot and validate their technology in simulated and real-life user scenarios.
