7/8/2008 – Electronic News
Applied to establish Asian operations hub
The facility will be located in the Changi North Industrial Park, is expected to be completed late next year and will be designed to meet some of the highest green building standards in the world, Applied noted.
By Ann Steffora Mutschler, Senior Editor — Electronic News, 7/8/2008
To serve as a hub for semiconductor manufacturing equipment giant Applied Materials Inc’s business activities in Asia, the company broke ground today for the construction of a new operations facility during a ceremony in Singapore with Singapore economic development board chairman Lim Siong Guan, company executives, and US Ambassador Patricia Herbold.
The facility, which will be located in the Changi North Industrial Park, is expected to be completed late next year and will be designed to meet some of the highest green building standards in the world, Applied noted.
Commenting on the operations centers, Mike Splinter, president and CEO of Applied said in a statement, “Sitting at a virtual crossroads between India and China, Singapore has proven to be a friendly and great place to do business with its strong transportation and logistics network, extensive supplier base and talented workforce. Our state-of-the-art campus will showcase our commitment to the environment while bringing enhanced capabilities closer to our customers throughout Asia.”
The 32,000 square meter operations center will serve as a base for Applied’s global purchasing, sales, manufacturing, engineering and financial groups to support the Asia region chip industry and the rapidly growing solar markets in India and China, the company said.