Bangladesh and China have taken a significant step toward advancing their cooperation in the semiconductor sector.
To this end, a memorandum of understanding was signed on Monday between the Bangladesh Semiconductor Industry Association (BSIA) and the Hubei Semiconductor Industry Association (HSIA) at an official ceremony held in the city, said a press release.
MA Jabbar, president of BSIA and Professor Wel Liu, vice-president of HSIA, signed the MoU on behalf of their respective organisations.
Under this MoU, both associations will work together to promote knowledge sharing and advanced technology exchange, facilitate joint research and development (R&D) initiatives, develop skilled human resources through training and certification programmes, encourage cross-border investment and business partnerships, organise joint events, trade delegations and expos.
The partnership aims to accelerate the growth of Bangladesh鈥檚 semiconductor ecosystem, strengthen its global competitiveness and open up new opportunities for innovation and collaboration.
Speaking at the signing ceremony, Prof Wei Liu, chairman of the Academic Committee at the School of Integrated Circuits, Wuhan University, and Vice-President of HSIA, highlighted Wuhan鈥檚 strength in technology and innovation.
鈥榃uhan is known as the Optical Valley of China, home to hundreds of optical communication and semiconductor companies. With over 60 universities and around 1.3 million students, Wuhan is a hub of innovation and talent,鈥� he said.
鈥楤angladesh has a huge pool of talent, which creates opportunities for deep cooperation not only in technology exchange but also in engineer training and academic collaboration. HSIA has 500 semiconductor companies and we plan to bring some of these companies to Bangladesh to explore opportunities for joint ventures, technology transfer, and capacity-building initiatives,鈥� he added.
MA Jabbar said, 鈥楾oday鈥檚 programme marks an important milestone with the signing of this MoU. This partnership opens doors for business growth, academic exchange, and technological advancement between Bangladesh and China, It will accelerate our progress in the global semiconductor value chain.鈥�
