The inaugural HKMA Global Innovation Award 2022/23 was concluded on June 13, 2023. With its outstanding performance in the field of BeiDou navigation chipsets, Allystar Technology Co., Limited (hereinafter referred to as “Allystar”) has emerged as the top contender among the final ten candidates after multiple rounds of screening by the judging panel. Allystar has ranked Top 1 and received the Innovation Organizations Award - HKT Innovation Champion of the Year, along with the Awards of Excellence in Product and Service Innovation (SMEs).

The Hong Kong Management Association (HKMA) announced the launch of the inaugural HKMA Global Innovation Award 2022/23 in order to recognize businesses and organizations from all sectors, for outstanding achievements in innovation. By virtue of the technological innovation and commercial excellence of the world’s first multi-system and multi-band high precision GNSS SoC chip which integrates RF, flash, and high-efficiency switching regulator and supporting BDS-3 system, Allystar stood out among more than a hundred global participants and won the highest honor of the year.

Innovation is essential to business success nowadays. This award represents the high recognition from HKSAR and industry professionals for Allystar's excellent performance in technological innovation. It also confirms Allystar's continuous contribution to driving innovation and industrial application in the BeiDou navigation field.

Looking ahead, Allystar will persist in technological innovation and leverage its leading R&D and application capabilities to support the high quality and large-scale development of the BeiDou industry, catering to the diverse needs of different industry applications.

About HKMA/HKT Global Innovation Award

In line with the National 14th Five-Year Plan to develop Hong Kong as an international innovation and technology hub, and to celebrate the 25th anniversary of the establishment of the HKSAR, The Hong Kong Management Association (HKMA) is proud to announce the launch of the inaugural HKMA Global Innovation Award 2022/23.

Objectives:

• To recognize businesses and organizations from all sectors, for outstanding achievements in innovation
• To provides a platform and catalyst for businesses, organizations, professionals and innovators to exchange new ideas and best practices, to address pressing business, economic, environmental and social issues.
• To promote innovation, in Hong Kong, the region and globally, with solutions that have positive, long term and enduring impact