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| Photonics company strengthens Hong Kong presence ( 01/07/2005 ) | |||||||||
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US-invested photonics company Amonics Ltd has strengthened its presence in Hong Kong to capitalise on business opportunities in the region.
Located at the Hong Kong Science Park, the company was founded in 2002 by a group of active research scientists and engineers with extensive experience in the field of fibre optics and optical science. To leverage growing business opportunities in the region, the company recently expanded its presence through a merger with another photonics company in Hong Kong. Henry Hou-Chung Hung, Director of the Board of Amonics, expressed confidence in the overall development of the photonics industry in Hong Kong. He said, "From an investor's point of view, expanding in Hong Kong made sense. Hong Kong is the best entry point to China for a photonics company intending to develop an integrated R&D, manufacturing and marketing business model. Additionally, Hong Kong has numerous advantages over other competing cities, such as free port status and a well-established financial and legal infrastructure." Professional talent Specialising in the design and production of high-power optical amplifiers and light sources, the company currently has more than 12 staff members in Hong Kong, and is planning to hire more as the business activities grow. According to the President of Amonics, Dr. Ray Wai-Sing Man, the Hong Kong operation will be strategically important to the company, both in terms of business development and R&D. "For design and technology-based industries such as Amonics, Hong Kong offers the optimal combination of R&D efficiency and manufacturing cost-effectiveness." The Associate Director-General of Investment Promotion at Invest Hong Kong, John Rutherford, said Hong Kong Science & Technology Parks where Amonics is based provides world-class facilities and infrastructure. "There is a ready availability of professional talent to foster and drive technological development," he added. Amonics Ltd. is an industry specialist in the design and production of high-power optical amplifiers and light sources. The company offers custom-making services, which include producing equipment according to buyers' designs and specifications, and assembling components. It also designs education packages for institutes and research laboratories. | |||||||||
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