Applied Materials to invest $400m in engineering center in Bangalore
Applied Materials, a global leader in semiconductor manufacturing equipment, has announced a groundbreaking investment of $400 million to establish a state-of-the-art engineering center in Bangalore, India.
This significant investment is part of Applied Materials‘ broader strategy to expand its innovation infrastructure and solidify its position at the forefront of semiconductor technology development.
The new engineering center, which will be located near Applied Materials’ existing campus in Bangalore, aims to revolutionize the research, development, and commercialization of cutting-edge technologies for semiconductor manufacturing equipment.
By bringing together Applied Materials engineers, leading suppliers from around the world, and top research institutions, the center will foster collaboration and accelerate the advancement of semiconductor equipment sub-systems and components.
In addition to its role in technological innovation, the collaborative engineering center will serve as a catalyst for talent development within the semiconductor industry. It is expected to create over 500 advanced engineering jobs within the first five years of operation, while also potentially generating an additional 2,500 jobs within the manufacturing ecosystem.
This investment underscores Applied Materials’ commitment to nurturing talent and creating new opportunities for India to play an expanded role in the global chip ecosystem.
The establishment of this state-of-the-art engineering center aligns with Applied Materials’ existing partnerships with renowned academic institutions such as the Indian Institute of Science in Bangalore and the Indian Institute of Technology in Bombay. These collaborations have already led to the establishment of the Materials Development Center, dedicated to pushing the boundaries of semiconductor chemistry and materials.
By expanding its presence in India, Applied Materials reinforces its position as a leader in semiconductor manufacturing technology. This strategic move not only strengthens the company’s high-velocity innovation platform but also underscores its dedication to driving progress in the semiconductor industry and shaping the future of technology.
Prabu Raja — Applied Materials President of the Semiconductor Products Group said: “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.
“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.”
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