HONG KONG, 20 JUNE 2016 – Hong Kong Applied Science and Technology Research Institute (ASTRI) and Marvel Digital Limited (MDL or Marvel Digital) announced today that they will jointly establish the ASTRI-Marvel Digital Joint Research and Development Centre, focusing on research and development of advanced technology in 3D imaging.
At the signing ceremony, Dr. Frank Tong, Chief Executive Officer of ASTRI and Dr. Herbert Lee, Chief Executive Officer of MDL signed the collaboration agreement under the witnesses Mr. Ming-yam Wong, BBS, JP, Chairman of the Board of Directors of ASTRI and Mr. Con Unerkov, Non-Executive Director of China Integrated Media Corporation Limited (Parent company of MDL).
The Joint Research and Development Centre will be set up to achieve the following missions:
- To further strengthen research and development on advanced technology in 3D imaging covering glasses-free 3D virtual reality, augmented reality and artificial intelligence.
- To develop new application and products using the above-mentioned technologies.
- To build a strong and professional IC design team.
- To cultivate research talents for both parties and for Hong Kong.
The centre will focus on developing 3D technology for enhancing TV-quality movies and TV series and converting content for the TV programmes. MDL is discussing with China Central Television (CCTV) for possible collaboration. An IC design team consisting of 10 researchers will take up IC design businesses nationwide. In a long run, both parties aim to nurture at least 50 highly professionals that can contribute their expertise to the industry.
Over the last 3 years, MDL and ASTRI have become strategic technology development partners. Their past development includes autostereoscopic (glasses-free) 3D technology, which MDL has applied to their products like 3D Video Wall, 3D Phone, 3D Tablet and Ultra High Definition 4K 3D Digital Signage Display.
Speaking at the ceremony, Mr. Ming-yam Wong, BBS, JP, Chairman of the Board of Directors of ASTRI said, “I am very delighted that ASTRI and Marvel Digital are turning a new page of cooperation by establishing the Joint Research and Development Centre, which, I am sure, will bring along a lot of novel research and innovative products that will take the quality of entertainment and many aspects of our life to a new level.”
Dr. Herbert Lee, Chief Executive Officer of MDL said, “ASTRI has been our great R&D partner for the autostereoscopic 3D technology. This joint research and development centre will further expand our development scope and provide a platform where the talents from ASTRI and Marvel Digital are able to work together to discover the latest imaging technology and other innovations.”
In his vote of thanks, Dr. Frank Tong, Chief Executive Officer of ASTRI remarked, “I would like to express our heart-felt thanks to Dr. Lee for choosing ASTRI as the trusted partner to establish this Joint Research and Development Centre. I believe that with a mutual vision and combined strengths of ASTRI and MDL, the Centre will give us the competitive advantage to scale new heights in research and development in 3D imaging and more.”
Dr. Frank Tong, Chief Executive Officer of ASTRI (front row: left) and Dr. Herbert Lee, Chief Executive Officer of Marvel Digital (front row: right) sign the collaboration agreement under the witness of Mr. Ming-yam Wong, BBS, JP, Chairman of the Board of Directors of ASTRI (2nd row: left) and Mr. Con Unerkov, Non-Executive Director of China Integrated Media Corporation Limited (2nd row: right).
Mr. Vincent Tang, Assistant Commissioner for Innovation and Technology (Infrastructure and Quality Services) of HKSAR Government (6th from left) and representatives from ASTRI and Marvel Digital attend and witness the Agreement Signing Ceremony.
Representative from Marvel Digital demonstrates its products with application of 3D technology including glasses-free 3D phone and 3D tablet.