“[The government] In a statement welcoming China Mobile's CTC and research, Finance Secretary Paul Chan Mopo emphasized promoting collaboration between government, industry and the academic research sector, making Hong Kong a global leader in innovation and technology. He said he is committed to developing it as a hub. Institute.
StarFive will collaborate with xFusion on the development and industrialization of a RISC-V chip called the “Lion Rock Chip.” The chip is tailored for data center environments and integrated into xFusion's intelligent computing products to enhance service capabilities. XFusion will enhance Towngas' capabilities in cloud computing, memory computing and other areas as part of its efforts to strengthen its competitiveness.
Dr. Peter Lee Kakit, Chairman of Towngas and Founder of Full Vision Capital.Photo: Handout
“TownGas aims to leverage xFusion's computing infrastructure and services to power the intelligent, green transformation of the energy industry,” said Peter, Chairman of TownGas and Founder of Full Vision Capital. Dr. Lee Kakit is a Friday company.
“By partnering with the high-quality national development of computing infrastructure, we are committed to driving the digital transformation of Hong Kong's industry.”
RISC-V is an open standard instruction set architecture that allows chip developers to configure and customize their designs. Lee said the semiconductor industry is expected to exceed US$1 trillion worldwide by 2030.
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The opening date of the laboratory has not yet been decided. Both companies said they hope to start production as early as next year. However, he added that production will not take place in Hong Kong.
Thomas Xu Tao, Chairman and CEO of StarFive, said: “By leveraging our cutting-edge RISC-V core technology, StarFive can take full advantage of vertical integration and develop products that are ideal for data center environments.” The Shanghai-based company is cultivated by Lee's family firm, FullVision.
“We welcome more partners to join us to form a strong alliance to jointly build a thriving ecosystem of RISC-V technology in the data center field.”
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Biden's China high-tech policy goals: 10-year handicap
Biden's China high-tech policy goals: 10-year handicap
The partnership with Towngas allows xFusion to enter the Hong Kong market and contribute to digital transformation efforts, said Jeffrey Liu Hongyun, chairman and CEO of Zhengzhou-based xFusion.
“Together, we aim to foster a favorable industry ecosystem, promote synergistic development along the industry value chain, and provide high-quality computing services to everyone.” he added.
Elsewhere, China Mobile said it has invested more than HK$30 billion (US$3.8 billion) in Hong Kong in recent years and hopes to enhance its status as a global communications hub.
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CTC will serve as China Mobile's overseas financial platform, managing overseas capital management, services and operations with Hong Kong as its global hub, developing capital channels within and outside China, and managing overseas capital risks.
The institute will focus on 6G network development, new generation mobile communications and artificial intelligence, with the overall goal of developing Hong Kong as an innovation and technology center.
“Hong Kong has the unique advantages of being a hotbed of innovation and a premium global financial center,” said China Mobile Chairman Yang Jie.
“[It] It has the unique advantage of receiving strong support from its homeland and being closely connected to the rest of the world. ”
