May 23, 2025, 12:37 PM
May 23, 2025, 12:37 PM

Würth Elektronik launches engineering service programme to enhance Hong Kong's microelectronics sector

Highlights
  • A three-year strategic partnership was established between HKSTP and Würth Elektronik, enhancing Hong Kong's advanced manufacturing sector.
  • The Engineering Service Programme aims to support around 100 startups and SMEs by providing essential tools and consultation services.
  • With this initiative, Hong Kong aims to strengthen its role in the global innovation landscape and support tech-driven economic growth.
Story

On May 23, 2025, Hong Kong was highlighted as a new hub for advanced manufacturing and microelectronics following a strategic partnership formed between the Hong Kong Science and Technology Parks Corporation (HKSTP) and Würth Elektronik. This collaboration is intended to capitalize on Hong Kong's innovative talent and infrastructure, specifically targeting the growth of effective microelectronics solutions. The initiative aims to serve around 100 startups and small to medium enterprises (SMEs) within the Science Park and InnoPark by providing access to crucial electronic components along with business and technical consultation support. The Engineering Service Programme set to commence under this agreement is a milestone in developing Hong Kong's industrial landscape, which has been identified as a vital sector for fostering economic growth. It seeks to expedite the product development lifecycle through various stages, including research and development, prototyping, and small-scale production. By doing so, it will offer local companies insights into global industry trends and opportunities while enabling them to remain competitive in a rapidly evolving marketplace. Profound backing from both the HKSTP and Würth Elektronik is expected to equip the local ecosystem with specialized tools and expertise necessary for meeting current and future demands within microelectronics and advanced manufacturing. With this initiative, the Hong Kong government emphasizes its commitment to fostering high-value tech-driven industries to solidify its position in the global innovation and technology (I&T) landscape. Würth Elektronik, headquartered in Germany and global leader in electronic components manufacturing, has expressed a strong commitment to advancing R&D and industrial capabilities within Hong Kong. The signing event took place during the “Advanced Manufacturing in Hong Kong: Enabling Global Microelectronics Innovations” and signals a critical phase for the local industry as it aligns with the broader strategy initiated by the Hong Kong government to stimulate diversified economic growth through new industrialization strategies.

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