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Solomon
Systech joins World-Class Electronics Cluster at
Hong Kong Science Park as Major Tenant
World's
leading IC developer to expand into Greater China markets
(Hong
Kong, June 8, 2000) The Provisional Hong Kong Science Park
Co. Ltd. Today signed a tenancy contract with IC developer
Solomon Systech Limited, a subsidiary of Taiwan listed
Solomon Technology Corporation (TWSE: 2359). A high
technology spin-off from Motorola, Solomon Systech will
establish its headquarters as well as R&D center in the
corporate building of the Science Park.
Solomon
Systech is the first high technology LCD driver IC developer
to establish its presence in the Science Park. The company
will occupy 32,300 square feet of space for its headquarters
and R&D operations and will become a driving force in
the Science Park's electronics cluster.
"When
we set up Solomon Systech Limited in 1999, we already had
the Greater China concept in our integral business
model", said Mr. Tim Lin, CEO of Solomon Group.
"Hong Kong is an excellent position for Solomon Systech
to recruit and retain high-caliber talent from both the
local market as well as Mainland China. Moving into the
Science Park is an important cornerstone of our goal to
becoming a world-class supplier in the display and wireless
markets."
"We
select the Hong Kong Science Park as an important
establishment for our Greater China operations. The
world-class technology cluster environment enables us to
collaborate with other high-technology suppliers, customers,
business partners and service providers," said Mr.
Humphrey Leung, President of Solomon Systech Limited.
"Science Park will provide us with the right R&D
environment and infrastructure to keep us ahead of the
competition."
Solomon
Systech sets the industry standard in making use of
innovation and technology as a basis of its business. Fully
committed to research and development, the company has over
10 years of professional experience in developing and
manufacturing LCD driver IC, which includes IC design, high
voltage wafer process development, system application, new
IC packaging development, as well as module design.
"Its
is encouraging to see that industry leaders like Solomon
Systech has chosen the Science Park as an integral part of
its strategic expansion," said Mr. Victor Lo, Chairman
of the Board of Directors, the Provisional Hong Kong Science
Park Co. Ltd. "This is an endorsement for the strategic
values of Hong Kong Science Park as it endeavors to
establish Hong Kong as an innovation technology hub in
Asia."
"The
establishment of Solomon Systech's operations in Science
Park will further consolidate the formation of the
electronics cluster," concluded Mr. Peter Lo, Chief
Executive Officer of the Provisional Hong Kong Science Park
Co. Ltd. "It will also carry out Hong Kong Science
Park's vision, that is, to nurture and develop world class
high technology enterprises to compete and flourish in the
global new economy."
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