Hong Kong to seek HK$2.84 billion funding for chip research institute, US-led tech restrictions will not hinder set up, city’s tech chief says

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hong Kong will establish the Microelectronics Research and Development Institute at Yuen Long InnoPark in 2024, with operations set to start in 2025.