Application for Provincial-level Enterprise Research Institute in Zhejiang filed by HC SemiTek Semiconductor New Materials and Device Research Institute has been reviewed and approved jointly by Science Technology Department of Zhejiang Province, Zhejiang Provincial Development and Reform Commission, and Economy and Information Technology Commission of Zhejiang Province.

HC SemiTek Semiconductor New Materials and Device Research Institute, formally founded in January 2018, aims to bring together the company’s scientific and technological innovation resources. Relying on corporate R&D resources, it aggregates outstanding R&D talents in the new semiconductor materials and device field, and integrates the R&D resources of universities, research institutes and industrial clusters in Yiwu. It is committed to the introduction, absorption and independent R&D of generic technologies, key technologies and forward-looking technologies of the semiconductor materials and device industry. At the same time, it harnesses the research achievements in generic technologies, key technologies and forward-looking technologies to provide engineering technology R&D for industrialization and results matchmaking, and lead the incubation of emerging industries. HC SemiTek Research Institute pursues craftsmanship and adopt pragmatic and innovative measures to contribute to the new semiconductor materials and device industry, provide the core technical support for industrial development, bolster independent corporate innovation capabilities, lead the industry upgrade, perform technological innovation and boost the overall competitiveness of the industry.

Since its inception, the Research Institute gradually sees the cluster effect in R&D resources. While making progress in the field of LED chips, HC SemiTek has been tracking the development of industrial technology in the long term. Regarding the forward-looking technology in third-generation semiconductors, the company harnesses scientific research advantages for development, widen the product lines, and has made major progress. HC SemiTek is one of the earliest manufacturers to carry out research on Mini LED and Micro LED. At the same time, it has fostered in-depth cooperation in research and development with international downstream application partners to promote the market application and maturity of new products. The R&D of UVC, laser and VCSEL are also in full swing. Moreover, many joint semiconductor development projects of the company are progressing smoothly.

Certification of HC SemiTek Research Institute as a provincial enterprise research institute is a recognition of its research and development prowess and technology reserve, laying the foundations for making the Institute a national enterprise research institute. The company will consistently develop the Research Institute, boost independent innovation capabilities and core competitiveness, achieve stellar construction goals and tasks, and give full play to the company's exemplary role in leading the industrial technological progress and performing the innovation-driven development strategy.

Annex: Some newly recognized enterprise research institutes in 2019