Hong Kong tech firm CVX Semiconductor, will launch a South Australian operation after being awarded a coveted place in the South Australian Landing Pad (SALP) program.
The company – which specialises in next generation power electronic devices and circuits – is a joint venture between Hong Kong’s VX-Power and Canaan Semiconductor, will set up its semiconductor engineering and research capability in Adelaide, including a reliability testing laboratory.
The company plans to expand its operations and begin manufacturing wide-band gap devices, a growing global market segment for components used in products such as electric vehicle charging stations and wireless phone chargers.
The company already has staff on the ground at Stone & Chalk at Lot Fourteen, who are focused on establishing the business and initial operations in Adelaide. It will use the Landing Pad support to explore more permanent accommodation and manage the migration of key talent to the state, in order to start on local technology transfer and research and development projects with universities and businesses. The company plans to eventually establish an office and manufacturing capabilities at Tonsley Innovation District.
See further information about the South Australian Landing Pad.