Business Deals
Major Business Deals / Commercialisation
ASTRI is vigorously focusing on transferring technologies to industry customers for commercialization. Over the years, number of customers entering into business deals with ASTRI has been growing significantly. Listed below are some examples of major business deals or industry collaboration accomplished in the recent years.
Communications Technologies (CT) Group
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The world's first
TD-LTE (Time Division Long Term Evolution) SoC supporting 20MHz bandwidth for data card application jointly developed by ASTRI and Innofidei was used in the showcase network set up by China Mobile at the
World Expo in Shanghai in 2010.
Enterprise & Consumer Electronics (ECE) Group
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ECE launched a novel e-book MyID for educational purposes in collaboration with an e-learning applications developer in 2009. With the support of local schools and publishers, ECE ran an
e-Reading Trial Programme in 2011 with ample supply of myID and the second generation of ASTRI's home-grown e-book PAL.
- "iShare P2P Software" was adopted by i-Cable TV for live telecast of Beijing Olympic Games on PCs in 2008.
IC Design (ICD) Group
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ICD started to co-develop a USB3.0 chip with
Velosti of Silicon Valley in 2010.
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ICD signed an agreement with
Credo Semiconductor Inc., a start-up company from Silicon Valley, in 2009 to co-develop high speed data communication IC products for the global market.
Material & Packaging Technologies (MPT) Group
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MPT licensed its patent protected
"birdcage" housing structure that facilitates heat dissipation of MR16 LED lamps to Optiled Lighting International Ltd. to develop a new series of lighting products, which were successfully made available in more than 300 stores worldwide in 2010.
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Street lamps using ASTRI’s LED technologies started to light up the streets in many cities on the Chinese mainland including Dalian, Guangzhou and Shenzhen in 2009.
Spin-off
April 2006 - Altai Technologies Limited
Altai was incorporated in 2006 after licensing ASTRI technologies in an exclusive manner. Within 6 months after the licensing, Altai closed its Series A equity financing with a total amount of US$10M. Leveraging the technologies developed by ASTRI and with the core R&D team coming mainly from ASTRI, Altai won many prestigious awards including The Gold Award in APICTA 2006, Award of the Year of the Hong Kong ICT Awards 2006 and the Grand Award and Gold Award of the Hong Kong ICT Awards 2006 Wireless Technology Category. Today, Altai is a leading outdoor WiFi Cellular Base Station supplier which specializes in innovative outdoor wireless broadband access solution.
End of 2005 - Marvell Technology Group Ltd - R&D Centre
Marvell, an international semiconductor company, set up an R&D centre in Hong Kong after acquiring ASTRI's technologies. The core team of the R&D centre was mainly from ASTRI.
April 2004 - ASTRI's Photonic Technologies
ASTRI's photonic technologies and related assets were sold to SAE Magnetics (HK) Ltd at HK$109M plus 3 years' royalty. Within 2 years, ASTRI successfully spun off the projects which were funded by ITF at around $40M. Seventeen ASTRI staff joined the new company. Today, photonic packaging is still one of SAE's core products and services in its technology profile.