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THURSDAY, APRIL 20, 1989
HONG KONG IS RIGHT PLACE FOR HI-TECH INVESTMENT
HONG KONG POSSESSES THE RIGHT ENVIRONMENT FOR INVESTMENT INVOLVING HIGH TECHNOLOGY, THE SECRETARY FOR EDUCATION AND MANPOWER (DESIGNATE), MR K Y YEUNG, TOLD POTENTIAL INVESTORS IN ΤΟΥΚΟ TODAY {THURSDAY).
SPEAKING AT THE JAPANESE SEMICONDUCTOR INDUSTRY CONFERENCE, MR YEUNG SAID THAT HONG KONG HAD BEEN PROGRESSING TOWARDS GREATER STABILITY AND PROSPERITY IN THE RUN-UP TO 1997, MAKING ITSELF A MANUFACTURING BASE THAT NO ONE COULD AFFORD TO IGNORE.
"THE RESTORATION OF CONFIDENCE SINCE 1984, COUPLED WITH SUBSTANTIAL PRIVATE SECTOR INVESTMENT IN PLANT AND EQUIPMENT AND INCREASED PUBLIC SECTOR SUPPORT, MUST IMPROVE THE OPPORTUNITIES FOR OUR ELECTRONICS INDUSTRY TO ATTAIN HIGHER LEVELS OF TECHNOLOGICAL
ACHIEVEMENT.
"THESE OPPORTUNITIES ARE PARTICULARLY COMPONENTS SECTOR OF THE INDUSTRY," HE SAID.
RELEVANT FOR THE
MR YEUNG CITED MOTOROLA'S "SILICON HARBOUR" PROJECT AS EXAMPLE OF THIS TYPE OF INVESTMENT,
A GOOD
TAI PO AND ON PACIFIC
THE SILICON HARBOUR IN THE HIGH TECHNOLOGY ZONE OF THE INDUSTRIAL ESTATE, WOULD PROBABLY COST ABOUT US$100 MILLION COMPLETION IN EARLY 1990 WOULD HOUSE MOTOROLA'S ASIA HEADQUARTERS, ITS REGIONAL COMPUTER CENTRE AND ITS REGIONAL SEMICONDUCTOR DESIGN AND MANUFACTURE OPERATIONS.
ACCORDING TO MR YEUNG, IT WOULD SPECIALISE IN BIPOLAR AND METAL OXIDE SEMICONDUCTOR (MOS) APPLICATION SPECIFIC PRODUCTS, BOTH STANDARDISED AND CUSTOMISED.
HE ADDED THAT THE PLANT WAS EXPECTED ΤΟ APPLY THE LATEST COMPUTER INTEGRATED MANUFACTURING TECHNOLOGIES.
QUOTING A RESEARCH NEWSLETTER OF DATAQUEST, MR YEUNG SAID MOTOROLA CHOSE HONG KONG FOR FOUR MAIN REASONS.
"FIRST IS THE AVAILABILITY OF ADVANCED INFRASTRUCTURAL SUPPORT, PARTICULARLY IN AREAS SUCH AS TELECOMMUNICATIONS AND DATA PROCESSING.
"SECONDLY, MOTOROLA ARE CONFIDENT
CONTINUING STABILITY AND PROSPERITY.
ABOUT THE PROSPECTS FOR
"THIRDLY, THEY CLEARLY LIKE THE QUALITY OF OUR TRAINED MANPOWER AS WELL AS OUR COMMITMENT TO HIGHER EDUCATION AND TRAINING, THE LATEST EXAMPLE OF WHICH IS THE ESTABLISHMENT OF THE UNIVERSITY OF SCIENCE AND TECHNOLOGY," MR YEUNG SAID.
/FINALLY, DATAQUEST'S .........