On January 19, at the Microelectronics Technology Alliance Anniversary Forum and Networking Event, Hong Kong's Secretary for Innovation, Technology and Industry, Sun Dong, stated that Hong Kong is actively preparing to launch an Innovation and Technology Industry Guidance Fund this year. The aim is to leverage government capital to play a leading and catalytic role, directing more social investment into the innovation and technology sector to support the development of strategic emerging and future industries. Semiconductor and smart devices are highlighted as one of the fund's five key focus areas. Both the national 14th Five-Year Plan and the recommendations for the 15th Five-Year Plan explicitly support Hong Kong's establishment as an international innovation and technology hub, and the Hong Kong SAR Government is fully committed to driving innovation and technology development to realize this vision.
The "Hong Kong Innovation and Technology Development Blueprint" announced at the end of 2022 has clearly identified strategic technology industries such as advanced manufacturing and new energy technology for focused development. It also actively strengthens support for industries including semiconductor technology, vigorously promoting new industrialization in Hong Kong. He mentioned that the Hong Kong Microelectronics R&D Institute is actively preparing to assemble two pilot lines at the Yuen Long Microelectronics Centre, focusing on the R&D and pilot production of third-generation semiconductor chips. These are expected to become operational later this year, providing robust support for the industry in applying third-generation semiconductor chip technology for product development and pilot production.
Furthermore, in November 2025, Hong Kong unveiled the "Conceptual Outline for the Innovation and Technology Industry Development Plan for the San Tin Technopole," which establishes a clear development strategy from a top-level design perspective for the industrial positioning and layout of the 210-hectare innovation and technology site. The plan prioritizes the development of advanced industries like microelectronics and smart devices, new energy, new materials, and green technology. It also reserves space preferentially to attract industry leaders and their upstream and downstream industrial chains to form industrial clusters, offering comprehensive support to enterprises from prototyping and pilot production to mass production.
The 15th Five-Year Plan period is also a critical phase for the nation's expansion of the "AI Plus" initiative, where the semiconductor and integrated circuit industries are certain to be key development directions. Hong Kong needs to enhance its capacity for independent innovation and achieve high-level scientific and technological self-reliance and strength. Deepening core technologies in third-generation semiconductors will lay a solid foundation for the high-tech and information industries. Hong Kong will leverage the complete industrial chain and vast market space of the Guangdong-Hong Kong-Macao Greater Bay Area to accelerate the application of R&D outcomes, leading the microelectronics industry to new heights.
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