Hong Kong – Hong Kong Applied Science and Technology Research Institute (ASTRI) will collaborate with state-owned Guangdong Rising Assets Management Co. Ltd (GRAM) to jointly develop next generation integrated power module (IPM) and other new technologies for electronic and communication products.
ASTRI CEO Dr Frank Tong (right) and GRAM General Manager Mr Li Zezhong exchange a warm hand shake after signing the agreement. (Second row from the left) GRAM Deputy General Manager Mr Liu Wei, Deputy Director General Mr Gong Guoping of Guangdong Provincial Department of Science and Technology, Deputy Inspector Mr Liu Zhiming of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in HKSAR, GRAM Chairman Mr Zhu Wei and ASTRI Chairman Mr Wong Ming-yam witness the signing. A special signing ceremony was held today to mark the beginning of the joint collaboration between the two parties. Dr.Frank Tong, CEO of ASTRI and Mr. Li Zezhong, General Manager of GRAM signed a Memorandum of Understanding covering joint initiatives to design and develop new ICs, photonics, electronic components and packaging, communications technology, software and systems. The signing was witnessed by ASTRI Chairman Mr. Wong Ming-yam and Chairman of GRAM Mr. Zhu Wei. The ceremony was also graced with the presence of Deputy Director General Mr. Gong Guoping and Director Mr. Zeng Lu of Guangdong Provincial Department of Science and Technology, and Deputy Inspector Mr. Liu Zhiming and Director Mr. Li Xiao of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region.
West Dynamic Enterprises Ltd (WDEL), a subsidiary under GRAM has already embarked on a joint research project with ASTRI to develop integrated power module for networking and telecommunication equipment. An Industrial Collaborative Project was signed earlier this year with funding support from both the HKSAR Government and industry partner.
Integrated power module is a core component for switching power supply unit required in all electronic products. With the market size of switching power supply unit reachingUSD30 billion in 2013 and increasingly stringent requirement of future power modules to be used in big data, cloud computing, high speed telecom equipment. There is huge market potential for next generation IPM.
ASTRI’s IPM solution involves a 3-level integration to achieve single and power-supply-in package. The new IPM is expected to greatly improve power density (greater than or equal to 30W/cubic cm) and reduce form factor by 40%. The design will also include a direct cooling interface to improve heat dissipation efficiency by 100% or more.
ASTRI CEO Dr. Frank Tong is very pleased that ASTRI and GRAM can join hands in technology research. He said, “Guangdong Rising is a giant conglomerate with strengths and technical capacities for electronics. Its subsidiaries Fenghua and West Dynamic are among the biggest manufacturers of electronic components in the world. I believe through this collaboration, ASTRI and our partner can leverage on each other’s strengths to drive the development of new power module and transform technologies into innovative solution for the market.”
In addressing the ceremony, Mr. Zhu Wei, Chairman of GRAM said, “We will capitalize on each other’s strengths to create a win-win collaboration. I firmly believe GRAM’s competitive advantages in manufacturing, management and market leadership, combining with ASTRI’s innovative R&D, technologies and talents will expedite technology transfers and will bring new ideas, profits, new markets and create a bright future for the industry.”
GRAM is a state-owned company with a successful track record in five industry sectors including mining, electronic, hospitality tourism, real estate and finance. It is also the second biggest shareholder of China Telecom. Its subsidiary Guangdong Fenghua Advanced Technology (Holdings) listed on Shenzhen Stock Exchange is one of the world’s eight chip component manufacturers. WDEL is wholly owned by Fenghua and it is the number one passive component manufacturer on the Mainland.
ASTRI has core competence in package and module level product development for power electronics. The new IPM under development is targeted for industry transfer for mass production in two years.
Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the HKSAR Government in 2000 with the mission to enhanceHong Kong’s competitiveness in technology-based industries through applied research.
In 2006, ASTRI was designated by the HKSAR Government the Hong Kong Research and Development Centre for Information and Communications Technologies. In 2012, ASTRI received approval from the Ministry of Science and Technology to establish the firstHong Kong Branch of the National Engineering Research Centre for Application Specific Integrated Circuit System.
Since inception, ASTRI has built a rich portfolio of intellectual properties and nurtured many research talents. It has also succeeded in creating economic impact by transferring new technologies to its customers inHong Kong, the Mainland and the region.
For more information about ASTRI, please visit www.astri.org.
About Guangdong Rising Assets Management Co. Ltd
Guangdong Rising Assets Management Co., Ltd. (GRAM) is a state-owned company approved by theGuangdong provincial government and formally established on 30th December 1999. The registration capital of GRAM is 10 billion RMB. Over nearly 15 years of development, GRAM has achieved a successful track record and presented unique opportunities, significant value and consistently superior returns for its shareholder. To date, GRAM has harmonious developed in five industrial sectors, the mining is primary industry and four support industries including electronic, hospitality tourism, real estate and finance.
By the end of 2013, the total assets of GRAM reached 88 billion RMB and exceeded100 billion RMB on the fair value basis. GRAM is the second biggest shareholder of China Telecom; in addition GRAM is controlling shareholder of Shenzhen Zhongjin Lingnan Nonfemet Company Limited (stock no: 000060), Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (stock no: 000636) and Guangdong Rising Nonferrous metal Co., Ltd (stock no: 600259).
In the mining sector, GRAM owned two domestic listed companies. After the international economy crisis, GRAM invested and acquired 5 overseas listed companies. The overseas mining resources locate in 5 continents and 9 countries, with 20 mine projects (lead-zinc, copper cold, rare earth, coking coal etc.) and more than100 billion RMB against the resource value conversion. InFebruary 2012, GRAM established another company Guangdong Rare Earth Industry Group, which was a strong driving force to integrate the domestic medium and large-size rare earth resources and strengthen the rare earth industry in south of china.
At present, mining as primary business and appropriate diversification become the strategic orientation of GRAM. GRAM applies its unique strength, financial network, technical capabilities and management experience to advance those projects with potential for value and growth, striving to create a diversified, global mining group with international competitiveness.