Inspired by the heat-resistant silver ants found in the Sahara Desert, Hong Kong start-up i2Cool Technology has developed iPaint, a patented cooling paint that can greatly reduce building power consumption and accelerate the city’s efforts to achieve carbon neutrality.
At the end of January, Taiwan’s Ministry of Economic Affairs convened a meeting of the territory’s big four wafer original equipment manufacturers – Taiwan Semiconductor Manufacturing Company, United Microelectronics Corporation, World Vanguard International Semiconductor Corporation and the Powerchip Technology Corporation.
Relocating operations has been a perennial theme for businesses in Hong Kong. From the 1950s to 1970s manufacturers flocked to the city, turning it into the factory of the world for everything from textiles and toys to semiconductors.
Golden Concorde Group Holdings (GCL), one of Mainland China’s leading new-energy companies and said to be the world's largest maker of silicon materials, is using Hong Kong as a financing platform for its Belt and Road venture in Ethiopia.