Applied Materials Breaks Ground for Asia Operations Center in Singapore
"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," said Mike Splinter, president and CEO of Applied Materials. "Our state-of-the-art campus will showcase our commitment to the environment while bringing enhanced capabilities closer to our customers throughout Asia."
The Operations Center will be a base for 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. New operations will help achieve reductions in material cost and cycle time while expanding Applied's merge-in-transit and global supply chain capabilities. Employees will also continue to support Singapore's strong chip manufacturing industry. The facility is designed to standards aimed at earning BCA Green Mark Platinum certification, the highest environmental rating for a building in Singapore. Current plans include an installation of what will likely be the largest commercial solar array deployed in Singapore, low-e glass curtain walls, LED and fluorescent lighting, an energy efficient air conditioning system and a sophisticated water treatment and rainwater capture system. The site will also incorporate extensive native landscaping. Applied has served customers from locations in Singapore for 17 years and currently has approximately 400 employees in the country.
"Applied Materials is an industry leader in complex nanomanufacturing technology," said Mr. Lim Siong Guan, Chairman of the Singapore Economic Development Board. "We are pleased that Singapore has been chosen as its world-class complex equipment manufacturing hub for its Asia Operations Center."
As part of its global commitment to education and improving communities where it does business, Applied also announced its sponsorship of the Environment Education Hub at the Marsiling Secondary School. Through its sponsorship, Applied will help create a secondary school platform for teaching and learning about environmental issues concerning energy and water.
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology(TM) solutions with a broad portfolio of innovative equipment, services and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.
SOURCE: Applied Materials, Inc.
Applied Materials, Inc.David Miller, 408-563-9582 (Editorial/Media)
Linda Heller, 408-986-7977 (Financial Community)