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Hong Kong to host China's chip hub as Beijing seeks tech edge

By Yonnex Li ( April 16, 2026, 07:11 GMT | Insight) -- Hong Kong is poised to become home to China's first national manufacturing-innovation center outside the mainland, cooperating with the Ministry of Industry and Information Technology in the country's drive for semiconductor self-sufficiency. With an initial funding of $28 million, the center will focus on power semiconductors, which are critical components that manage electrical energy in everything from electric vehicles to data centers.Hong Kong is poised to become home to China's first national manufacturing-innovation center outside the mainland, a move that underscores Beijing's efforts to leverage the city's global connections in its drive for semiconductor self-sufficiency....

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