SNA welcomes the 2023-2024 Budget adopted our suggestions on Microelectronics White Paper

The Semiconductor Nanotechnology Alliance (SNA) was writing to welcome the 2023-24 Budget announced by the Financial Secretary which adopted the suggestions of Microelectronics White Paper published by SNA to establish a Microelectronics Research and Development Institute to enhance collaborative research and research facilities.    

Mr. Ronald Choi, Assistant Secretary of Financial Secretary’s Office advised us on Mar 30, 2023 that the full version of Microelectronics White Paper has been shared with the Financial Secretary and the relevant bureau for reference. 

We hope it would be useful for the HKSAR Government to formulate future policies to foster the microelectronics development and seize the opportunity to take the pole position in the global race in microelectronics. We fully support the government on the establishment of Microelectronics Research and Development Institute. We will continue to collaborate with the government, universities, R&D centres and the industry to promote microelectronics development in the global region.