Mainland China's top semiconductor company, Great Yit Semiconductor, officially establishes its presence in Hong Kong to expand into overseas markets with Hong Kong as its headquarters.

On November 21, the Hong Kong Investment Promotion Agency (InvestHK) announced that Mainland China's Dayi Semiconductor Technology Co., Ltd. (Dayi Semiconductor) has officially set up base in Hong Kong, with Hong Kong as its headquarters. The company aims to efficiently integrate Chinese mainland manufacturing capabilities, Hong Kong international capital, and cutting-edge overseas technology to form a synergistic model of "research and development in Hong Kong, pilot testing in the Greater Bay Area, and global market access." Angel Ng, Assistant Director-General of InvestHK, welcomed the establishment of Dayi Semiconductor in Hong Kong. She stated that Dayi Semiconductor's presence in Hong Kong is not only an important step in expanding their overseas business, but also highlights the growing importance of Hong Kong as a hub for innovation in technology and international commerce. She hopes they will leverage Hong Kong to explore more overseas markets. Professor Huang Mingxin, Chief Scientist of Dayi Semiconductor, stated that as one of the first projects in the Hong Kong University Young Scientist Program, Dayi Semiconductor has laid a solid research foundation. They will utilize Hong Kong's advantageous geographic location to expand into European and Japanese markets, highlighting Hong Kong as a "transformation highland" where scientific research value can be converted into commercial value. He said, "Hong Kong's ecological advantages as an international hub for innovation are the key support for our development. Here, we have a complete system for protecting intellectual property rights, access to global high-end industry chain resources, as well as a mechanism for industry-academia collaboration that can help us quickly commercialize laboratory achievements and bring cutting-edge technology to industrial scenarios more efficiently." He continued, benefiting from the deep integration of industries in the Greater Bay Area, Dayi Semiconductor has achieved rapid development through a path of "research and development in Hong Kong, incubation in Shenzhen." Hong Kong will serve as its global hub for industry-academia research resources, connecting Hong Kong University, international top research institutions, and the semiconductor industry chain to interface with overseas advanced equipment suppliers and end brands, ensuring that technology and market demands are in sync. Professor Huang Mingxin stated that in the past year, the start-up has successfully completed seed and angel funding rounds consecutively and recently completed the construction of clean rooms at the 100,000 and 10,000 levels simultaneously, introducing multiple high-end precision equipment. This has laid a solid foundation for subsequent technology research and product production, marking the company's entry into a new stage of mass production. With a more comprehensive research and development environment and industrial capabilities, Dayi Semiconductor will continue to strive for breakthroughs in key semiconductor technologies and their industrial applications.