Page 12 - Innovation_Hong_Kong
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The I&T scene in Hong Kong has been heating Microsoft Azure, Alibaba and Tencent),
up in the past couple of years. Some good Amazon Web Services, Google Cloud
examples are: Platform region and Huawei Cloud are all
expanding their presence to Hong Kong.
• Google and Facebook are jointly laying a
13 000-kilometre submarine cable between • Venture fund investments are burgeoning:
Los Angeles and Hong Kong. The fibre-optic
cable will have a bandwidth of 120 terabits ––Alibaba Entrepreneurs Fund offers
per second, making it the highest-capacity HK$1 billion to entrepreneurs and
route between the US and Asia. young people to grow their businesses
• Cloud computing platforms and data centres ––Sequoia Capital set up a Hong Kong
are mushrooming in the city. Adding to the X-Tech Startup Platform to provide angel
existing 11 high-tier data centres (including and early stage investment to start-ups
08 / HONG KONG
