# China International Development and Powex to establish R&D center in Hong Kong

China International Development Corporation Limited and Powex Limited, a subsidiary of Lonten Semiconductor, signed a non-legally binding MOU to establish a strategic partnership and explore setting up an advanced power semiconductor technology R&D center in Hong Kong.

- Type: Partnership
- Announced: 2026-01-06
- Where: Hong Kong, Hong Kong SAR China
- Status: announced
- Products: third-generation power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [China International Development Corp](https://endata.com/companies/88623.md)
- [Lonten Semiconductor Co Ltd](https://endata.com/companies/88624.md) (partner)
- [Powex Limited](https://endata.com/companies/89495.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/china-international-development-corporation-limited-and-lonten-semiconductor-co-ltd-s-subsidiary-p-ce7e59ddd18df524), 2026-01-06: "the Company intends to establish a strategic partnership with the Partner to share resources and explore the establishment of an advanced power semiconductor technology research and development (R&D) center in Hong Kong"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.