The engineering center will be focused on the development and commercialization of technologies for semiconductor manufacturing equipment
Applied Materials has plans to set up an engineering center in Bangalore, the firm said on Thursday. The engineering center, which is estimated to be built at an estimated cost of $400 million over four years, will be focused on the development and commercialization of technologies for semiconductor manufacturing equipment.
The center is expected to be located near Applied’s existing campus in Bangalore. The company said that the engineering center, in the first five years of its operations, 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.
“Our plan to establish a new collaborative engineering center in Bangalore strengthens our efforts to help advance India on its journey to becoming a global semiconductor hub,” Srinivas Satya, country president of Applied Materials India, said in a statement.
The engineering center is aimed at playing a critical role in bringing synergies between engineers, academia, and suppliers, Satya said.
With a common goal of accelerating the development of semiconductor equipment sub-systems and components, the engineering center will enable them to collaborate in one location 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 products group at Applied Materials, added.
The engineering center is part of the company’s previously announced plans to expand its global innovation infrastructure. Applied, which has a large organisation of product development, R&D, IT, and operations capabilities in the country, currently operates across six sites in India.
Including the Indian Institute of Science, Bangalore, and the Indian Institute of Technology, Bombay, the company works closely with multiple academic institutions. Applied has established a Materials Development Center at the Indian Institute of Technology, Bombay, focused on developing next-generation chemistry and materials for the semiconductor industry.
The company said that the new engineering center will strengthen its high-velocity innovation platform, which includes the forthcoming EPIC Center in Silicon Valley.
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