We are creating some awesome events for you. Kindly bear with us.

HKSTP’s Collaborative Leap in Smart Vehicle Tech

The Hong Kong Science and Technology Parks Corporation (HKSTP) and a leading provider of energy-efficient computing solutions for smart vehicles have entered into a Memorandum of Understanding (MoU) to create a ‘Technology Innovation R&D Center’ at the Hong Kong Science Park.

Image Credits: HKSTP, Press Release

The partnering company plans to invest around HK$3 billion by the end of 2028 and aims to expand its research and development team to approximately 100 personnel. The collaboration, overseen by the ITIB and the OASES, is dedicated to advancing Hong Kong’s microelectronics and intelligent driving ecosystem.

The MoU signing ceremony involved the Chief Corporate Development Officer of HKSTP and the Co-founder and Chief Operation Officer of the technology firm. The event was witnessed by key figures such as the Secretary for Innovation, Technology, and Industry; the Director-General of the Office for Attracting Strategic Enterprises; the Under Secretary for Innovation, Technology, and Industry; the Chairman of HKSTP; and the Founder and Chief Executive Officer of the partnering firm.

The Secretary for Innovation, Technology and Industry highlighted the influx of new energy and intelligent vehicle enterprises in Hong Kong, emphasising the positive impact on relevant ecosystems. He acknowledged the partner firm’s establishment of an international R&D centre at Hong Kong Science Park as leveraging the city as a platform for globalisation. The Chairman of HKSTP, expressed the significance of the partner firm’s presence, contributing to the long-term diversification of Hong Kong’s economy.

The Founder and CEO of the partnering company, expressed delight in collaborating with HKSTP, emphasising the ideal business and R&D environment provided by the Hong Kong Science Park. The partnering company aims to use the Technology Innovation R&D Center to accelerate the development of automated driving computing solutions, benefiting Hong Kong and the Greater Bay Area’s smart vehicle ecosystem.

The “Hong Kong Innovation and Technology Development Blueprint” supports Hong Kong’s goal to become an international I&T centre, with a focus on the microelectronics industry. The establishment of the “Hong Kong Microelectronics Research and Development Institute” was announced in the 2023 Policy Address to drive collaboration and create an enabling environment for microelectronics industry advancement.

The partnering company is a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) and automated driving (AD), is committed to enhancing next-generation driving experiences. The company collaborates with a wide network of partners, offering products and services to accelerate the transformation of smart electric vehicles. Their Founder and CEO is a renowned expert in machine learning, with the company holding nearly 2,000 patents and collaborating with major automobile companies globally.

HKSTP remains dedicated to advancing Hong Kong’s new industrialisation mission, boasting a microelectronics ecosystem with nearly 250 companies. Five Hong Kong universities rank among the top 100 globally, with over 100 researchers engaged in microelectronics research. HKSTP provides comprehensive microelectronics hardware infrastructure to support design, prototyping, and pilot production processes.

The collaborative efforts between the Hong Kong Science and Technology Parks Corporation (HKSTP) and the partnering firm signify a pivotal step towards advancing Hong Kong’s standing in the global microelectronics and intelligent driving landscape.

With the establishment of the ‘Technology Innovation R&D Center’ at the Hong Kong Science Park, the partnering firm brings substantial investment and expertise to fuel the city’s economic diversification. The commitment to nurturing talent, fostering innovation, and leveraging the international I&T centre status reflects a strategic alignment with Hong Kong’s broader goals.

As the microelectronics ecosystem at HKSTP continues to flourish, this collaboration sets the stage for groundbreaking developments in automated driving computing solutions, contributing significantly to the smart vehicle ecosystem in Hong Kong and the Greater Bay Area. Together, HKSTP and their partnering company exemplify the synergy necessary for propelling Hong Kong’s technological prowess into a new era of growth and global competitiveness.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend