HKPC and JinTech Semiconductor ink MOU to advance semiconductor sector

The parties will create an automated and smart micro-factory in Hong Kong.

The Hong Kong Productivity Council (HKPC) and JinTech Semiconductor signed a memorandum of understanding (MOU) to advance the technology used by Hong Kong’s semiconductor industry and the training of tech professionals.

HKPC and JinTech Semiconductor will leverage their respective expertise to advance Hong Kong’s manufacturing industry chain and the brand strength of its smart microelectronics manufacturing through new industrialisation.

Under the MOU, HKPC will provide advanced Industry 4.0 technologies such as AI, robotics, and human-machine interface image processing to support JinTech Semiconductor in creating an automated and smart micro-factory in Hong Kong.

HKPC will also provide Jintech Semiconductor with an investment of $783m (US$100m) within five years to achieve an annual output value of $39m (US$5m) by 2027.

Meanwhile, JinTech Semiconductor will recruit and train more I&T talents to Hong Kong’s semiconductor industry next year.

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