HKSTP Circles Over Avnet and ORIX

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Hong Kong Science and Technology Parks Corporation (HKSTP) is forming a series of strategic partnerships with global leaders such as leading technology distributor and solutions provider Avnet and diversified financial services group ORIX.

Aviation is one new area among many in which HKSTP is collaborating with sector leaders on to develop Hong Kong and the GBA into an innovation and technology hub.

Avnet will also partner with AMD, TE Connectivity and Xilinx to provide startups with expertise in aviation and next-generation Hybrid CPU-FPGA technology.

To drive momentum in this emerging ecosystem, HKSTP is also partnering Japanese financial services group ORIX.

Albert Wong, CEO, HKSTP said: “Our partnerships with multiple sector leaders highlight the enormous market potential in the GBA and provide the ideal platform for startups to tap into the world-class talent, resources and market opportunities in this region. This combined ecosystem of hardware and electronics expertise will help young pioneers and engineers realise their innovation dreams and elevate the GBA as a global innovation powerhouse.”

Alan Chui, Supplier Business Management President of Avnet Asia said, “Avnet is a long-term partner of HKSTP and has jointly supported many startup companies. Through this agreement, we will be able to equip startups and aspiring technologists with the necessary knowledge and resources to accelerate technological innovation in the GBA and facilitate the commercialisation of real-world applications.”

Adrian Pang, Managing Director, ORIX Asia Limited said: “We, ORIX, believe digital technologies are the key future driver and trend. With our diversified expertise, global network and wealthy experience in supporting SMEs and startups, ORIX is well positioned to incubate young companies through our partnership with HKSTP, which we will bring synergy to our dynamic future unicorn in Hong Kong and lead our economy to a new decade.”

This hardware eco-system will see developments like Avnet setting up solutions centre at Hong Kong Science Park Shenzhen Branch. HKSTP startup Aerosim will also leverage the centre for aviation simulation technology adoption support. Avnet and its partners will also contribute their hardware components knowledge and work with Aerosim to develop civil aviation technology.

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