Governor George Pataki Announced That International Sematech North Will Move Its Research And Development To The U Albany Center For Excellence In Nanoelectronics
2002 July 18
Governor George Pataki announced that International SEMATECH North will move its research and development to the UAlbany Center for Excellence in Nanoelectronics. International SEMATECH (an acronym for Semiconductor Manufacturing Technology) is a consortium of 12 major computer chip manufacturers. International SEMATECH will start moving up to 250 researchers to Albany before the new 300-millimeter 118,000 sq. ft. computer wafer proto-typing and workforce training facility at CESTM is completed. The agreement bringing International SEMATECH to Albany calls for New York State and industry to invest about $400 million in the new center over five years. $210 million will come from state funds ($50 million already in the 2002-03 state budget), and $193 million from International SEMATECH and its members including IBM.
Subjects
Source Details
Mary Fiess, "SEMATECH North Moves to UAlbany," UAlbany Update, September 12, 2002, pp. 1 & 7