Applied Materials, Inc. is a leading American corporation specializing in materials engineering solutions used to produce virtually every new chip and advanced display in the world.
The signing of the deal will take place in San Francisco, with Tamil Nadu Chief Minister MK Stalin and Dr. Prabu Raja, President of the Semiconductor Products Group at Applied Materials, in attendance.
This Center aims to bolster the semiconductor ecosystem in Tamil Nadu by collaborating with local universities and industry partners. It will focus on semiconductor manufacturing and equipment, and is expected to create over 500 technical jobs in the state.
This initiative is part of Tamil Nadu's broader strategy to become a leading hub for semiconductor manufacturing and to support India's goal of achieving a $1 trillion economy by 2030.
The Center of Excellence will work closely with universities to advance research in AI, machine learning, and data science specifically for semiconductor manufacturing. By partnering with academic institutions, Applied Materials aims to cultivate a skilled workforce that is well-versed in the latest technologies and methodologies in semiconductor manufacturing.
Notably, Applied Materials has a significant presence in India, playing a crucial role in the country’s semiconductor, display, and solar manufacturing ecosystems. The US company was established in India in 2002 and has offices in Bengaluru, Chennai, Coimbatore, Mumbai, and Pune.
Applied Materials' India center is integral to the company’s global IT infrastructure, offering digital solutions, services, and hosting the company’s second-largest data center.
Founded in 1967 and headquartered in Santa Clara, California, Applied Materials plays a crucial role in the semiconductor, flat panel display, and solar photovoltaic (PV) industries.
The company operates worldwide, with significant contributions to the semiconductor industry in various countries, including the U.S., Japan, and China. As of 2023, the company reported revenues of approximately $26.52 billion, with a net income of $6.856 billion.
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