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New Facility Will Collaborate with Applied Materials Engineers, Suppliers and Academic Institutions to Accelerate Development and Commercialization of Semiconductor Device Technology
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Center builds on Applied Materials’ 20-year track record in India and is part of plans to expand its global innovation infrastructure
Applied Materials, Inc. (Nasdaq: AMAT; Headquarters: Santa Clara, Calif.; President and Chief Executive Officer Gary E. Dickerson) today announced its intention to establish a collaborative engineering center in Bangalore, India, to pursue the development and commercialization of semiconductor manufacturing equipment technologies.
The center will bring together Applied Materials engineers, leading domestic and foreign suppliers, and top research and academic institutions to collaborate on the common goal of accelerating the development of semiconductor device subsystems and components. It also aims to facilitate the development of human resources to lead the semiconductor industry in the future and create new opportunities to expand India’s role in the global chip manufacturing ecosystem.
“We are excited to create a forum for India’s top engineers, suppliers and researchers to work side by side and develop new innovations building on India’s 20-year history of success,” said Prabu Raja, President, Semiconductor Products Division, Applied Materials. “We look forward to working more closely with Applied Materials’ comprehensive engineering talent, as well as domestic and foreign companies operating in India, to contribute to strengthening the equipment supply chain that supports global semiconductor manufacturing.”
The collaborative engineering center will be built adjacent to Applied Materials’ existing campus in Bengaluru as part of the company’s previously announced plans to expand its global innovation infrastructure. Applied Materials currently has six locations in India with a large organization spanning product development, R&D, IT and operations. It also works closely with several leading academic institutions such as the Indian Institute of Science (Bangalore) and the Indian Institute of Technology (Mumbai), which has a Materials Development Center dedicated to developing next-generation chemicals and materials for use in the semiconductor industry. New collaborative engineering centers will enhance Applied Materials’ high-speed innovation platforms, including the upcoming EPIC Center in Silicon Valley.
Applied Materials plans to invest a total of $400 million in the new center in India over the next four years. Five years after opening, the center will support more than $2 billion in investment projects, create at least 500 high-skilled jobs, and have the potential to create 2,500 jobs in the manufacturing ecosystem. *
forward-looking statement
This press release contains forward-looking statements, such as our plans and forecasts for future investments in infrastructure projects in India and elsewhere, including the size of our investments and the timing of completion of our new center in India, expected benefits for the semiconductor industry, and other statements that are not historical facts. These statements and the assumptions underlying them are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied in these statements include: construction delays, increased costs and changes in investment and construction plans resulting from business, economic, governmental and industry conditions; lack of industry or government support; demand for semiconductors; our ability to ensure compliance with applicable environmental and other laws, rules and regulations; All forward-looking statements are based on management’s estimates, projections and assumptions as of the date of this press release. Applied Materials undertakes no obligation to update any forward-looking statement.
Applied Materials (Nasdaq: AMAT ) is a leader in materials engineering solutions that power nearly all of the world’s semiconductor chips and advanced displays. Our expertise in industrial-scale atomic-scale material control helps our customers turn possibilities into reality. Applied Materials creates a better future through innovation.
Additional information is also available on our website at www.appliedmaterials.com.
* Publication: SEMI, June 2023
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Applied Materials of Japan translated the English press release issued by Applied Materials of the United States on June 22 and made an announcement.
Applied Materials Japan Co., Ltd. (Head Office: Tokyo, President: Hitoshi Nakao) was established in October 1979. In addition to the Osaka branch and Kawasaki office, we also have 15 service centers to establish a support system for Japanese customers.
