Hong Kong, 19 October 2026. The Hong Kong Microelectronics Research and Development Institute (MRDI) will lead and operate Hong Kong's first national manufacturing innovation centre. The institute said the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) and the Chief Executive's 2026 Policy Address, both announced today, support the accelerated establishment of the centre.
MRDI said the initiative will strengthen Hong Kong's research capacity in frontier technologies, promote industry-academia-research integration and support breakthroughs in power semiconductors.
Prof Philip CHAN, Chairman of MRDI, said, "We welcome Hong Kong's First Five-Year Plan, which aligns with the country's 15th Five-Year Plan and strategic development priorities and sets out a clear vision and strategic direction for Hong Kong's high-quality development over the next five years."
Dr GAO Teng, CEO of MRDI, said, "MRDI moved into the Microelectronics Centre in Yuen Long InnoPark earlier this year and is pressing ahead with the installation and commissioning of two pilot lines for the R&D and trial production of third-generation semiconductor chips, with a view to commencing operations by the end of this year."
The two pilot lines will be set up at the Microelectronics Centre in the Yuen Long InnoPark. MRDI focuses on core technologies of third-generation semiconductors, including Silicon Carbide and Gallium Nitride, which are applicable to new energy vehicles, other industrial and consumer electronic products and renewable energy.
In the 2023 Policy Address, the Chief Executive announced measures to promote Hong Kong's innovation and technology development, including the establishment of MRDI within 2024. On 17 May 2024, the Finance Committee of Legislative Council approved a new commitment of $2,838.4 million under the Innovation and Technology Fund for the establishment and operation of MRDI.
Source: MRDI news
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