Financial Secretary visits ASTRI and reiterates his resolve to drive development and growth powered by technology

Financial Secretary visits ASTRI and reiterates his resolve to drive development and growth powered by technology

HONG KONG, April 18, 2018 /PRNewswire/ -- Mr Paul Chan Mo-po, Financial Secretary (FS) of the HKSAR Government, visited ASTRI today (18 April 2018) to learn about its latest R&D and innovation and endeavours, and expressed his strong support for ASTRI's various initiatives in line with the Government's I&T agenda. ASTRI's senior executives and R&D professionals briefed the FS on a number of projects in FinTech, AI and Robotics and health technologies.

Mr Paul Chan - Financial Secretary of the HKSAR Government, and Ms Annie Choi - Commissioner for Innovation and Technology of the HKSAR Government, along with ASTRI’s senior executives and R&D professionals, celebrating ASTRI’s 14 awards from the recent International Exhibition of Inventions of Geneva
Mr Paul Chan - Financial Secretary of the HKSAR Government, and Ms Annie Choi - Commissioner for Innovation and Technology of the HKSAR Government, along with ASTRI’s senior executives and R&D professionals, celebrating ASTRI’s 14 awards from the recent International Exhibition of Inventions of Geneva

Mr Chan was accompanied by, among other Government officials, Ms Annie Choi, Commissioner for Innovation and Technology of the HKSAR Government, and Ms Jane Lee, Secretary-General (Testing and Certification) of the Innovation and Technology Commission. Mr Hugh Chow, ASTRI's Chief Executive Officer, accompanied by other senior executives and Technology Leaders welcomed the FS and his entourage to ASTRI.

AI-based industrial robots were one of the technology demonstrations witnessed by Mr Paul Chan, Financial Secretary of the HKSAR Government during his visit to ASTRI
AI-based industrial robots were one of the technology demonstrations witnessed by Mr Paul Chan, Financial Secretary of the HKSAR Government during his visit to ASTRI

Some of the technology demonstrations witnessed by Mr Chan included an AI-based Mixed Natural Language Processing Chatbot system, a Digital Pathological Image Analytics Platform, Next Generation Capsule Endoscopy System, Optical Character Recognition and Industrial Robot for Random Bin Picking. He was impressed with other projects such as Connected Cars powered by Cellular Vehicle to Everything technologies; ASTRI's 5G research and related applications for railway signalling system, Smart Airport, Mission Critical Communications; naked-eye 3D display; and Satellite Communications for Maritime Safety. Focusing on the core domain he is in charge of, the FS was also briefed on some of ASTRI's FinTech projects including various Blockchain applications for financial services, Cybersecurity intelligent and trainings, and Palm Fusion Biometric Authentication System. The FS also took a glimpse of an artwork collaboration project between ASTRI and the City University of Hong Kong that celebrates the power of technology and the imaginative potential of the human brain.

During his visit to ASTRI, he reiterated his commitment to advancing I&T for Hong Kong, and commented that "Innovation and Technology (I&T) hold the key to a bright and prosperous future for Hong Kong. The passion and commitment from ASTRI's R&D team play a vital role in advancing Hong Kong's I&T endeavours. The HKSAR Government remains steadfast in supporting ASTRI, and all the other players in our I&T ecosystem, to pursue innovation-led development and growth".

Commenting on the visit, Mr Hugh Chow said, "We have been greatly encouraged by the strong support and interest expressed by the FS in his visit to ASTRI. We are grateful for the strategic boost to I&T he announced in the budget -- the significant funding will provide inspiring support to I&T development in Hong Kong. As the largest Government-funded R&D institution in Hong Kong, ASTRI will continue to focus on exploring and applying new technological solutions in areas such as AI, machine learning, smart city health technologies and FinTech."

The visit by the FS reinforces the strategic priority attached to I&T development by the HKSAR Government. It strengthens ASTRI's commitment to leverage the power of technology to collaborate with different stakeholders in the I&T ecosystem in enhancing the competitiveness of businesses and enriching the lives of people.

About ASTRI

Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong's competitiveness in technology-based industries through applied research. ASTRI's core R&D competencies in various areas are organised under seven Technology Divisions, namely Communications Technologies, Electronics Components, Mixed Signal Systems IC, Advanced Digital Systems, Optoelectronics, Security and Data Sciences, and Intelligent Software and Systems. Five areas of applications including financial technologies, intelligent manufacturing, next generation network, health technologies, and smart city are identified for major pursuit. For further information about ASTRI, please visit www.astri.org.

Photo - https://photos.prnasia.com/prnh/20180418/2108473-1-a
Photo - https://photos.prnasia.com/prnh/20180418/2108473-1-b

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