Singapore – Applied Materials, Inc. recently announced “Singapore 2030” – a multi-faceted plan to expand its operations in Singapore over the next eight years. The plan is targeted at strengthening the company’s global manufacturing and R&D capabilities, broadening technology ecosystem partnerships in Singapore and promoting local workforce development.
“For the past 30 years, Singapore has been a strategic hub for Applied Materials, and we are excited to build on our success with new investments that will strengthen our ability to support the semiconductor industry on its path to becoming a US$1 trillion market by the end of the decade,” said Gary Dickerson, President and CEO of Applied Materials. “We look forward to working with the Government of Singapore and the vibrant technology ecosystem to create opportunities for mutual growth that will benefit the global semiconductor industry.”
With the semiconductor industry entering a new wave of growth fueled by digital transformation of the economy, Applied has announced its intention to make multi-billion-dollar investments in its innovation infrastructure in the United States and to expand its global manufacturing capacity. As part of Singapore 2030, Applied Materials held a groundbreaking ceremony on 22 December 2022 for an expansion of its regional hub in Singapore, which is home to Applied’s largest factory outside of the United States. This investment of hundreds of millions of U.S. dollars will strengthen the company’s ability to meet growing customer demand in the years ahead.
In addition, the company will invest to bolster its R&D capabilities in Singapore with a focus on accelerating commercialization of new technologies and services that improve chip power, performance, area, cost and time-to-market (PPACt™). One example is the research collaboration between Applied and the Institute of Microelectronics (IME), a research institute of Singapore’s Agency for Science, Technology and Research (A*STAR), focused on hybrid bonding and other emerging, 3D chip integration technologies.
“Applied Materials is a longstanding partner for Singapore in advancing manufacturing and innovation in our semiconductor equipment industry. We strongly welcome the company’s ‘Singapore 2030’ plan, which will deepen Singapore’s role as a critical node in the global semiconductor supply chain,” said Dr. Beh Swan Gin, Chairman of Singapore’s Economic Development Board.
“Applied Materials is committed to helping Singapore cultivate the workforce of tomorrow as digitalization accelerates and technology becomes more important to the economy than ever before,” said Brian Tan, Regional President, Applied Materials South East Asia Pte. Ltd. “Over the next several years, we plan to invest in new initiatives with our academic and community partners with an aim to deliver further value to Applied, to our customers, and to Singapore.”