Paul Chan, Secretary for Finance of the Hong Kong Special Administrative Region Government, delivered the government’s 2026–2027 fiscal year budget to the Legislative Council today (the 25th). He stated that the pilot production line for the research, development, and trial production of third-generation semiconductor chip technology at the Hong Kong Institute of Microelectronics will begin operations within the year, which will promote local chip R&D and industrial upgrading. In addition, the “New Industry Acceleration Scheme” has supported two companies developing semiconductor chip technologies and equipment, with a total investment exceeding HK$1.5 billion. (Greater Bay Area Voice)