Applied Materials to establish collaborative engineering centre in Bengaluru for $400 million

Applied Materials on Thursday stated it was planning to construct an engineering centre in Bengaluru centered on creating and commercialising applied sciences for semiconductor manufacturing tools with an estimated whole funding of $400 million over 4 years.

Expected to be situated close to Applied’s present campus in Bengaluru, the corporate stated that in its first 5 years of operations, the centre is predicted to help greater than $2 billion of deliberate investments and create a minimum of 500 new superior engineering jobs together with doubtlessly one other 2,500 jobs within the manufacturing ecosystem.

“Our plan to ascertain a brand new collaborative engineering centre in Bangalore strengthens our efforts to assist advance India on its journey to turning into a worldwide semiconductor hub,” Srinivas Satya, country president of Applied Materials India said in a statement.

Satya said the aim for the centre is to play a critical role in bringing synergies between engineers, academia and suppliers.

It said the centre will enable them to collaborate in one location with a common goal of accelerating development of semiconductor equipment sub-systems and components and will also train and develop future semiconductor industry talent.

“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,” Prabu Raja, president of the semiconductor merchandise group at Applied Materials added.

The engineering centre is a part of the corporate’s beforehand introduced plans to broaden its international innovation infrastructure. Applied presently operates throughout six websites in India and has a big group of product growth, R&D, IT and operations capabilities within the nation. The firm works intently with a number of educational establishments together with the Indian Institute of Science, Bangalore and the Indian Institute of Technology, Bombay the place Applied has established a Materials Development centre centered on creating next-generation chemistry and supplies for the semiconductor business.

The new engineering centre will strengthen Applied’s high-velocity innovation platform which incorporates the forthcoming EPIC centre in Silicon Valley, the corporate stated.

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