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About Microelectronics Technology

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Latest Microelectronics Technology News

ASTRI Establishes Microelectronics Technology Consortium

Nov 10, 2022

ASTRI Establishes Microelectronics Technology Consortium Share via The Hong Kong Applied Science and Technology Research Institute (ASTRI) announced the establishment of the Microelectronics Technology Consortium (METC). The METC aims to build a microelectronics and semiconductor technology ecosystem and provide a top-notch regional and world-renowned platform for microelectronics technology and product development. The Secretary for Innovation, Technology and Industry, the Commissioner for Innovation and Technology, as well as high-end experts and key enterprise representatives from academic and microelectronics sectors gathered to witness the establishment of METC. The Hong Kong government is determined to develop high-tech industries, aiming to make Hong Kong an international innovation and technology centre. In recent years, it has earmarked billions of funds to support local re-industrialisation. Semiconductor technology is the core of the entire manufacturing industry. By leveraging the advantages of the current technological upgrading and rearrangement of the global industrial chain, METC is established at the right time to enable support units to deeply understand and maintain close ties with stakeholders on microelectronics solutions, knowledge transfer and collaboration opportunities, to lead and enhance the cross-industry platform for the development of microelectronics industry in Hong Kong from an international perspective. The development of microelectronics ecosystem requires various stakeholders to maintain close ties and foster cooperation in order to accelerate the integration of Hong Kong into the national development. Led by ASTRI, METC is supported by leading organisations from the industry and academia. The Consortium aims to stimulate innovative R&D, promote technological cooperation amongst the industries, research institutes and academia, attract research institutes and enterprises from GBA, the Mainland and around the world to set up their branches in Hong Kong and expand the paths for local talents, to achieve a vibrant microelectronics ecosystem, and make continuous contributions to Hong Kong to make it become an international innovation and technology hub. The strategies of METC to promote regional integration and create strong competitive microelectronics innovation include: Consolidate resources to boost commercialisation: METC will make use of the pilot line to be established, and cooperate with various research institutes in Hong Kong, GBA and overseas to fully integrate existing R&D resources (such as personnel, equipment) and achievements (patents), and centralise resources to develop technologies required for industrialisation, to accelerate the process of product marketisation. Leverage strengths to scale up collaborative innovation: To achieve the goals of application in large enterprises, METC will use the commercialisation model and the concept of collaborative innovation, and effectively integrate various local and overseas resources to form an entire industry chain of “Material-Equipment-Epitaxy-Device-Chip-Package-Module-System” to jointly secure the market share of the 3D small chip and the third-generation semiconductor sectors in emerging markets. The Board Chairman of ASTRI stated that METC will serve as a bridge, connecting the academic and industrial communities. It will be dedicated to facilitating the re-industrialisation in Hong Kong, directing a new way of development for the industry, academia and research institutes, and continuously making contributions to the transformation of Hong Kong into an international innovation and technology hub, he added. The Chief Executive Officer of ASTRI stated that the development of the microelectronics industry will expand the local re-industrialisation talent pool and inject new impetus into Industry 4.0 and the business community with the aim to enhance the competitiveness of Hong Kong. ASTRI has been conducting R&D in 3D integrated chips, third-generation semiconductors and low-power wireless connection chips for a decade. He added that ASTRI has extensive experience in the operation and management of public platforms and pilot lines, talent support, and technology and product commercialisation, which are widely recognised by the industry and academia. The establishment of METC is expected to consolidate resources in Hong Kong to promote the commercialisation of technologies and products, nurture local talents, foster international cooperation, expand the Greater Bay Area (GBA) market, and provide strong support to Hong Kong’s re-industrialisation and transform the city into an innovation and technology hub. Recently, PolyU and a leading property developer based in Hong Kong signed a Memorandum of Understanding (MoU) to strengthen research collaboration among industry, academia and research organisations to drive innovative solutions for sustainable development of the Greater Bay Area (GBA).

Microelectronics Technology Investments

1 Investments

Microelectronics Technology has made 1 investments. Their latest investment was in Applied Wireless Identifications Group as part of their Series B on October 10, 2004.

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Microelectronics Technology Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/11/2004

Series B

Applied Wireless Identifications Group

$10M

Yes

Date

10/11/2004

Round

Series B

Company

Applied Wireless Identifications Group

Amount

$10M

New?

Yes

Co-Investors

Sources

Microelectronics Technology Acquisitions

1 Acquisition

Microelectronics Technology acquired 1 company. Their latest acquisition was TelASIC Communications on May 06, 2009.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/6/2009

$99M

Acquired

Date

5/6/2009

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

Microelectronics Technology Partners & Customers

1 Partners and customers

Microelectronics Technology has 1 strategic partners and customers. Microelectronics Technology recently partnered with Kinaxis on August 8, 2008.

Date

Type

Business Partner

Country

News Snippet

Sources

8/26/2008

Vendor

Canada

Deploys Kinaxis RapidResponse to Improve Demand and Supply Management. Demand Management News from Kinaxis - Microelectronics Technology Inc. Leading Wireless Communications Provider Implements Solution in Fifteen Weeks and Realizes Immediate Performance Improvements.

Ottawa , Canada , August 26 , 2008 -- Kinaxis , provider of the on-demand RapidResponse service that empowers multi-enterprise manufacturers with the integrated demand-supply planning , monitoring , and collaborative response capabilities required in today 's complex and dynamic world , today announced that Microelectronics Technology Inc. , a provider of leading edge wireless technologies for the telecommunication and satellite communication industry , has completed its initial deployment of the Kinaxis RapidResponse solution at the company 's two manufacturing facilities in Hsinchu , Taiwan and Wuxi , China .

2

Date

8/26/2008

Type

Vendor

Business Partner

Country

Canada

News Snippet

Deploys Kinaxis RapidResponse to Improve Demand and Supply Management. Demand Management News from Kinaxis - Microelectronics Technology Inc. Leading Wireless Communications Provider Implements Solution in Fifteen Weeks and Realizes Immediate Performance Improvements.

Ottawa , Canada , August 26 , 2008 -- Kinaxis , provider of the on-demand RapidResponse service that empowers multi-enterprise manufacturers with the integrated demand-supply planning , monitoring , and collaborative response capabilities required in today 's complex and dynamic world , today announced that Microelectronics Technology Inc. , a provider of leading edge wireless technologies for the telecommunication and satellite communication industry , has completed its initial deployment of the Kinaxis RapidResponse solution at the company 's two manufacturing facilities in Hsinchu , Taiwan and Wuxi , China .

Sources

2

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