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Westwell’s Bold Global Stride: Making Hong Kong a Tech Hub

Chinese tech giant, Westwell, embarking on a major move for global expansion, has officially set up its international headquarters and Overseas R&D Center in Hong Kong. This noteworthy decision comes in line with the city’s Innovation and Technology Development Blueprint’s vision, potentially turning it into a flourishing hub for digital economy and smart technologies.

Westwell Establishes International Headquarters in Hong Kong

The new headquarters, according to Westwell‘s founder, Kenny Tan, marks a strategic step in the company’s globalization strategy. Recognizing the city’s key geographical location, financial sector, trade capabilities, and the HKSAR Government’s supportive stance on innovation, Hong Kong was the prime choice. The international and open research environment will facilitate Westwell in its pursuit of global technological innovation and business expansion.

Westwell’s Global Expansion and Technological Innovation

Amid the last year’s developments, Westwell has not only nurtured its Hong Kong-based subsidiary but has also reached out to countries such as Singapore, the United Kingdom, and the Netherlands. For instance, a notable achievement is a successful agreement with Hutchison Ports Port of Felixstowe for 100 battery-powered autonomous Q-Trucks, launching the largest fleet of “cabin-free” autonomous and new energy vehicles (NEV) for commercial use so far. These tech advancements aim to redefine industry transformation.

Partnership and Future Plans for Sustainability and Growth

The Overseas R&D Center’s focus will be on collaboration with local universities and research institutions in Hong Kong. With a significant investment of HK$300 million over the next five years, Westwell plans to create nearly 500 jobs, majorly directed at R&D. This move will help drive research and application of AI and autonomous vehicle technologies, promoting “innovation cells” for green and smart technologies, and accelerating the development of Hong Kong’s I&T ecosystem.

As a glimpse of a promising future, Westwell‘s decisive move catalyzes its globalization strategy and paints a positive picture of Hong Kong’s role in the digital economy and smart technology sector. As the Year of the Dragon dawns, Westwell’s ambitions of playing a significant part in building an international I&T center in Hong Kong look closer to reality.

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Alex

Alex is a seasoned editor and writer with a deep passion for technology and startups. With a background in journalism, content creation, and business development, Alex brings a wealth of experience and a unique perspective to the ever-changing world of innovation. As the lead editor at Startup World, Alex is committed to discovering the hidden gems in the startup ecosystem and sharing these exciting stories with a growing community of enthusiasts, entrepreneurs, and investors. Always eager to learn and stay updated on the latest trends, Alex frequently attends industry events and engages with thought leaders to ensure Startup World remains at the forefront of startup news and insights. Alex's dedication and expertise help create an engaging platform that fosters knowledge-sharing, inspiration, and collaboration among tech-savvy readers worldwide.

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