International power semiconductor design company expands Hong Kong operations to support business growth in Asia

Steifpower Technology, an international power semiconductor design company, announced today (June 8, 2022) that it will expand its business in Hong Kong and utilize its advantageous geographical location to manage its mainland and Asian operations.

Steifpower Technology provides different types of power management devices, mainly used in consumer electronics, electronic computing, household appliances, electric vehicles, solar energy, and electric motor control devices. The company has recently developed its own brand, designing power semiconductor products specifically for semiconductor companies and manufacturers.

The CEO of the company, Deng Zhiping, stated that in response to the increasing demand from customers for the company's products, particularly for power semiconductor applications in green energy and electric vehicles, the company has decided to expand its Hong Kong technology research and development team and prepare to open an office in mainland China. He said, "Hong Kong is an international city with an open environment for technological development, which helps us coordinate our business with other Asian countries

Hong Kong provides world-class research and development infrastructure, top-notch academic research, multicultural talent, and strong government policies and funding, making it an ideal location for technology companies like Steifpower Technology to expand their business in the region, "said Wu Guocai, Assistant Director General of Invest Hong Kong

About Steifpower Technology

Steifpower Technology was founded in 2018 and is a power semiconductor design company dedicated to utilizing innovative and cost-effective technologies to provide advanced power semiconductor solutions. The company has a professional team with rich experience in semiconductor development and manufacturing, dedicated to pursuing innovation, researching and optimizing power electronic system efficiency, and manufacturing innovative power semiconductors. For more information about Steifpower Technology, please visit www.Steifpower.com.