Applied Materials to Establish Collaborative Engineering Center in India
22 Junho 2023 - 8:30AM
Applied Materials, Inc. today announced its intention to build a
collaborative engineering center in Bangalore, India focused on
development and commercialization of technologies for semiconductor
manufacturing equipment.
The center will be designed to bring together Applied engineers,
leading global and domestic suppliers, and top research and
academic institutions, enabling them to collaborate in one location
with a common goal of accelerating development of semiconductor
equipment sub-systems and components. The center will also aim to
serve as a catalyst for the training and development of future
semiconductor industry talent, as well as open up new opportunities
for India to play an expanded role in the global chip
ecosystem.
“Applied is excited to build upon our 20 years of success in
India by creating a facility where the country’s top engineers,
suppliers and researchers can work side-by-side to develop new
innovations,” said Prabu Raja, President of the Semiconductor
Products Group at Applied Materials. “We envision Applied’s strong
base of engineering talent collaborating more deeply with domestic
and global companies operating in India to strengthen the
foundational equipment supply chain serving the global
semiconductor manufacturing industry.”
Expected to be located near Applied’s existing campus in
Bangalore, the collaborative engineering center is part of the
company’s previously announced plans to expand its global
innovation infrastructure. Applied currently operates across six
sites in India and has a large organization of product development,
R&D, IT and operations capabilities in the country. The company
also works closely with multiple leading academic institutions
including the Indian Institute of Science, Bangalore and the Indian
Institute of Technology, Bombay where Applied has established a
Materials Development Center focused on developing next-generation
chemistry and materials for the semiconductor industry. The new
collaborative engineering center will strengthen Applied’s
high-velocity innovation platform which includes the forthcoming
EPIC Center in Silicon Valley.
Applied intends to make a gross investment of $400 million over
four years to establish the new center in India. In its first five
years of operation, the center is expected to support more than $2
billion of planned investments and create at least 500 new advanced
engineering jobs along with potentially another 2,500 jobs in the
manufacturing ecosystem.*
Forward-Looking StatementsThis press release
contains forward-looking statements regarding our future plans and
expectations to make investments in connection with infrastructure
projects in India and elsewhere, including those relating to the
size and timing of our investments, the timing of the completion of
the new center in India, the anticipated benefits to the
semiconductor industry, and other statements that are not
historical facts. These statements and their underlying assumptions
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 by such
statements include, without limitation: failure to realize the
anticipated benefits of our planned investments; construction
delays, cost increases or changes in investment or construction
plans due to business, economic, governmental or industry
conditions; insufficient industry or governmental support; the
demand for semiconductors; customers’ technology and capacity
requirements; the introduction of new and innovative technologies,
and the timing of technology transitions; market acceptance of
existing and newly developed products; the ability to obtain and
protect intellectual property rights in technologies; our ability
to ensure compliance with applicable environmental and other law,
rules and regulations; and other risks and uncertainties described
in our SEC filings, including our recent Forms 10-Q and 8-K. All
forward-looking statements are based on management’s current
estimates, projections and assumptions, and we assume no obligation
to update them.
About Applied MaterialsApplied Materials, Inc.
(Nasdaq: AMAT) is the leader in materials engineering solutions
used to produce virtually every new chip and advanced display in
the world. Our expertise in modifying materials at atomic levels
and on an industrial scale enables customers to transform
possibilities into reality. At Applied Materials, our innovations
make possible a better future. Learn more at
www.appliedmaterials.com.
*Source: SEMI, June 2023
Contact:Ricky Gradwohl (editorial/media)
408.235.4676Michael Sullivan (financial community) 408.986.7977
Applied Materials (NASDAQ:AMAT)
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