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The largest semiconductor company in Germany, Infineon, announced today (December 4) that it has expanded research and development (R&D) activities at Hong Kong Science Park to advance its thermal management solutions for high-power-density applications tailored to the local requirements of the Mainland China and Hong Kong markets.
The new office at the Science Park has the latest facilities and will help Infineon develop effective thermal management solutions that support applications across different industries including telecommunications, energy storage systems and solar conversion.
The Regional President and Managing Director of Infineon Technologies Asia Pacific Pte Ltd, Mr Andrew Chong, said,"Our establishment in the R&D community of the Science Park will enhance our ability to further develop technological innovations that will raise the bar for serving customer and market needs. This will establish our R&D activities in Hong Kong as an essential element of our power management capability in the region."
Associate Director-General of Investment Promotion Mr Charles Ng congratulated the company on its office relocation to the Science Park and further enhancement in R&D activities. He said,"This is another boost for Hong Kong's increasing role as a preferred R&D centre in Asia. The fact that Hong Kong is next door to the key manufacturing base in the Pearl River Delta adds to its appeal for international technology companies like Infineon to anchor their R&D in our city. I look forward to seeing more technology companies doing the same."
About Infineon
Based in Germany, Infineon offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility and security. In the 2014 fiscal year (ending September 30), the company reported sales of 4.3 billion Euros (over HK$41 billion) and had close to 29 800 employees worldwide. It has 21 research and development locations and 12 manufacturing locations worldwide. For more information, please visit www.infineon.com.
About Invest Hong Kong
Invest Hong Kong (InvestHK) is the department of the Hong Kong Special Administrative Region Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As at June 2014, InvestHK had completed over 3 300 investment projects creating more than 36 400 new jobs in the first year of operation or expansion and over HK$88 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit: www.flickr.com/photos/investhk/sets/72157649143146758/.
Ends/Thursday, December 4, 2014
Issued at HKT 17:26
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