HKIC announces the launch of the Hong Kong RISC-V Alliance

The Hong Kong Investment Corporation, together with Shanghai StarFive Semiconductor Technology, The Hong Kong and China Gas (0003), China Mobile Hong Kong, xFusion Technologies International, and Open Source International Technology Innovation, launched the Hong Kong RISC-V Alliance on Friday, in a bid to promote the city’s chip technology development.

Unlike traditional closed chip architectures, RISC-V features open-source, neutrality, modularity, and high scalability, allowing developers to customise freely for specific scenarios. It has now become the world’s third major underlying architecture, leading the global transformation of computing architectures. 

The 2026-27 Budget also highlighted that, through strategic investments and partnerships with leading enterprises, the HKIC has actively promoted the R&D and industrial implementation of RISC-V technology.

In its initial stage, the alliance will focus on leveraging Hong Kong’s role as an international platform and application hub, including active involvement in the transformation of global chip technology, HKIC said.

It will focus on four areas of work, including deepening international linkage and alignment with global standards, exploring cutting-edge technology and unlocking new applications, cross-border integration and large-scale industrial application, and professional education and talent cultivation.

HKIC chief executive Clara Chan Ka-chai said that the HKIC will continue to uphold the principles of openness, collaboration, and mutual benefits, driving the development of an end-to-end ecosystem from chip design, packaging and testing, to scenario-based applications.