Cross Boarder Innovation Reflections on 3 Decades of Hi-Tech Experience in the Pearl River Delta
SAE Magnetics (H.K.) Ltd. in the early 80’s Amperex Technology Ltd. at the turn of the millennium Altai Technology Ltd. in 2006 5 driving forces of innovation Technology Markets Manufacturing R&D Talents A tale of 3 successful technology companies incorporated over the last 3 decades
Company Highlights – SAE • Founded in HK in 1980 focus on turn key solution for magnetic recording heads and Hard Disk Drives • Acquired by TDK Corporation in 1986 • The only independent manufacturer for magnetic recording heads • Global workforce over 40,000 • Approx 30% of the world market • Revenue more than US$2.5 billion • Headquartered in HK, manufacturing in Dongguan, Japan, & US • Diversified business strategies since 2000 • Acquired Acasia from ASTRI in 2004 for Optoelectronics technologies • Partnership with Intel and others on optical communication technologies • Finger navigation for Smart Phone applications
EV powered by ATL Battery Energy Storage Systems for Smart Grids Company Highlights – ATL • Founded in HK in 1999 focus on the commercialization of lithium polymer batteries of Bellcore • The first licensee of the world successfully turned the technology to volume production • Acquired by TDK in 2005, now the largest of the world for lithium polymer batteries • Manufacturing in SongShan Lake of Dongguan, extending to NingDe of Fujian with over 8,000 workforces • Revenue over US$500 million
Company Highlights – Altai • Pioneer of Super Wi-Fi technologies on outdoor wireless broadband solutions • Spun-off from ASTRI in 2006 • HQ in HK, branches located in Shenzhen, USA, Singapore and Argentina with over 100 employees • Award winning wireless technologies for Wi-Fi and white-space • Leading telecom solution provider • Carrier solution deployed in more than 60 countries (Remark: Altai is an independent technology startup)
Technologies 5 Driving Forces of Innovation Markets Manufacturing R&D Talents
HK-Shenzhen Cross Border Innovation • Motivations of the both sides For HK: Access to talents, markets, and suppliers in China For PRC: Access to capitals, IP protection, jurisdiction system, etc • An increasingly conducive environment • The lessons of Foxconn and other OEMs • In contrast to winning companies such as Huawei, ZTE, Tencent, BYD, etc. • Increasingly comprehensive infrastructure • Hardware: Logistics, transportation, etc • Software: Research institutes or campus of universities of HK in Shenzhen, etc • Determination of the two governments? • A vote of confidence • The plan of a TDK R&D Center in QianHai, Shenzhen • But can this be considered a vote of non-confidence of HK?