Chen Maobo: The pilot line for the research and trial production of third-generation semiconductor chip technology at the Hong Kong Institute of Microelectronics will be put into operation this year.

The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, delivered the Government's budget for the fiscal year 2026-2027 in the Legislative Council today. He stated that the pilot production line for the development and trial production of third-generation semiconductor chip technology at the Hong Kong Institute of Advanced Semiconductor Technology will be put into operation this year, which will promote local chip research and industry upgrading. In addition, the "New Manufacturing Acceleration Plan" has supported two companies developing semiconductor chip technology and equipment, with a total investment exceeding 1.5 billion Hong Kong dollars.