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Technology

Hong Kong's High-Tech Technology Incubator 172

Austin Huggins writes "The BBC is reporting on a new hi-tech complex built in Hong Kong to attract tech businesses. 'It has taken four years to build and comes complete with a hi-tech hotel, apartments, shops and services.' And they have a 100 mbs network to boot." As the article points out, Hong Kong has a suddenly harder time keeping ahead of booming cities in mainland China.
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Hong Kong's High-Tech Technology Incubator

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  • Re:100Mbit.. (Score:4, Informative)

    by Avial ( 137864 ) on Sunday November 28, 2004 @04:02PM (#10938382)
    their internal network is 10Gbps, with a 1Gbps external connection according to this page: http://www.cyberport.com.hk/userdata_hkcmcl/ITT_En glish/ipn.html [cyberport.com.hk]
  • by xstein ( 578798 ) on Sunday November 28, 2004 @04:03PM (#10938386)
    Credentials first: I work at Cyberport in Hong Kong.

    The idea behind this complex isn't purely the technological benefits, such as bandwidth, etc, but the fact that all of our tech companies are housed in one complex.

    Hong Kong is a fairly large city, and when you throw into the mix the fact that many firms are now moving their offices further north to Shenzhen, Guangzhou and Shanghai, Cyberport offers a definte advantage in terms of helping consolidate the various tech and tech-related firms. Using the cited example, creators of digital content are given an incentive to house their operations at Cyberport as they can have all required outside work done by firms within 3 minutes walk of their offices--whilst I'm not familiar with digital content creation, I'd imagine they have things like packaging done out of house.

    This is essentially taking the Silicon Valley concept one step further in that all firms are literally in the same building. The hotels help accomodate to multinational companies that have foreign executives come in for meetings and to house guests for seminars.
  • Blade Runner (Score:2, Informative)

    by qualico ( 731143 ) <<worldcouchsurfer> <at> <gmail.com>> on Sunday November 28, 2004 @04:04PM (#10938393) Journal
    How about setting up a Gigabit network in that abandoned hotel set on Blade Runner.

    Looks like Asia and should be able to compete without the billion dollar 4 year price with faster networking to boot!
  • by Linuxathome ( 242573 ) on Sunday November 28, 2004 @04:05PM (#10938396) Homepage Journal
    After hearing anecdotes about the quality of living for professionals in Hong Kong, it is getting more and more enticing for the foreign professional. If you're in the tech industry, in the biomedical sciences or even in the corporate or business law, the city definitely has it's pluses. Aside from the housing prices, the cost of living is a fraction of that in say San Franciso (or most of CA for that matter), or Boston, or Sydney, or Paris, or London. Let's say you can secure a job with the same salary as you do now, you can have housekeepers to maintain your daily living requirements at a fraction of what you'd pay in Europe, US, or otherwise. In fact, I wouldn't be surprised if I heard the same about foreign workers in other Chinese cities.
  • by HungWeiLo ( 250320 ) on Sunday November 28, 2004 @04:07PM (#10938412)
    I just learned that the University of Hong Kong [www.hku.hk], the largest university in Hong Kong, has just closed its electrical engineering department due to lack of funding and enrollment. However, the Chinese University of Hong Kong [www.cuhk.hk] still maintains its EE department.

    There's no way Hong Kong can catch up technologically with mainland China now, not without heavy academic research in new arenas of technology.

  • by Animats ( 122034 ) on Sunday November 28, 2004 @04:21PM (#10938479) Homepage
    Here in Silicon Valley, we have lots of office space with similar facilities. Available now, at low, low rents. Try $0.90/square foot for class A R&D space. The Excite@Home facility is still completely vacant. The area near Moffett Field, where SGI used to be and Google is now, has acres of vacant buildings.

    The huge new 150,000 square meter Pacific Shores Center [pacificshorescenter.com] complex still has entire buildings vacant, and it's filling up. EA and Dreamworks moved in. Shrek 2 was made there. Health club, Olympic size swimming pool, public hiking trails, baseball field, soccer field, ampitheater, cafe, day spa, and an incredible view of the San Francisco bay. Ample parking. Gigabits of bandwidth.

    Pacific Shores alone is one and a half times the size of Hong Kong's "Cyberport."

    So there.

  • Reminds me of a joke (Score:5, Informative)

    by Anonymous Coward on Sunday November 28, 2004 @04:46PM (#10938592)
    If Hong Kong Chief Executive Tung Chee Hwa, Chief Secretary Donald Tsang and Financial Secretary Henry Tang were in a boat and it turned over, who would be saved?

    Answer: The Hong Kong people

    There's been alot of coverage of the huge number of protests against the current government and it's economic policy, and the undemocratic process in which the Chief Secretary is chosen (basically a 400 man group hand-picked by Beijing chooses it for us). The Cyberport, with it's lack of transparency on the bidding process, was a hugely controversial project which did not strengthen the support of the current government at all, and it's still to be seen it's effect on boosting the economy.
  • by Anonymous Coward on Sunday November 28, 2004 @05:30PM (#10938786)

    Why not Cyberjaya instead?

    For those who don't know, Cyberjaya has turned out to be little more than a joke. It was launched by Mahathir in 1995, and now, almost 10 years later, there's little more than one giant country road with barely a dozen buildings scattered about.

    Mahathir thought he can build a success with bare plantation land and big words. Not so. Very little of his big words and grand plans have materialized, to the point of being embarrassing since the project was touted as being 'world class'. It's a world class mismanaged white elephant, all right.

    The 'high tech industry' in Cyberjaya is mostly call centres or ordinary offices. Much of the construction is substandard, especially the housing units in the area. The largest bunch of people are students of the Multimedia University. There is very little of anything else.

    It still might become something in the far future, but that's not how it was portrayed. Their world class cyber thing has turned mostly into an embarrassingly ordinary college level campus area. And a very remote and empty one at that.
  • tech? in hk? (Score:5, Informative)

    by sewagemaster ( 466124 ) <sewagemaster&gmail,com> on Sunday November 28, 2004 @08:02PM (#10939511) Homepage
    hong kong is known as a one of the major financial capital in asia. parents raise their kids to be businessmen. almost all of them value success as in making tons of money that they'll never even get to spend. being encouraged to study in degrees of electrical engineering or computer science is very rare. lot of people on /. agree that people got into tech only because of the pre-bubble times, not because of their interest in the subject. well in hk, all you get are the bandwagon types. not making this up. i spent 10 yrs of my life there.

    it's not the educational system because math and science cirriculum is far more advance and fast paced than in canada and the US, so it's not the fault of highschool programs not preparing the kids well enough to pursue their careers in that direction.

    cyberport is mostly for IT (damn i hate that term) - and the buildings were only built for the "looks". honestly, if i want to build a startup there, let's say a fabless semiconductor company, do i really need the 100 megabits a second network? we need the CAD licenses, engineers with experience and fresh grads in EE - which are tough to get there because hong kong university recently shut down their EE department...

    another thing, people in hk always have the misconception that they are more advance in tech than north americans. all they see is that they have more variety of advance products to choose from, but it's not them that do any of the in-house design.

    all said, it's good to know that there are still people that would invest (or throw away money) for the ...um IT industry. at least after i finish my masters in electrical engineering here in canada, i'll have something to fall back on, knowing that i speak the language there...

  • by 1u3hr ( 530656 ) on Sunday November 28, 2004 @08:54PM (#10939745)
    The BBC story exclusively quoted govt spokesmen and boosters of Cyberport. Cyberport is an admitted huge white elephant and example of crony capitalism and what's wrong with the HK government -- just Google for [cyberport "white elephant"]. Every big new project now routinely has to face the question "Will this be another Cyberport?" It's basically a big sweetheart deal with billionaire property developers, the Li family, who got a dirt cheap deal on prime land to build luxury housing, without having to put up tenders, by allocating some area to "hi tech", and installing the aforementioned network and such (not a big deal for a new development here or most other places I'd imagine). Since Richard Li also runs the local Telecom PCCW, this was actually a money earner for him.
  • Re:Why Hong Kong (Score:2, Informative)

    by xstein ( 578798 ) on Sunday November 28, 2004 @09:31PM (#10939895)
    Have you ever been to Hong Kong?

    Hong Kong is still a beautiful showcase of unregulated capitalism. Hong Kong still has the most free market in the world. Not only are there no signs of this changing, but we're legally prohibited from doing so in the next 42 years.

    Being Beijing's little brother isn't exactly the worst thing to be. We serve as a port to Greater China, and don't have to worry about silly things like defense budgets.

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