16 August 2012

Samsung Semiconductor to expand R&D facility in San Jose, California

San Jose – 16 August 2012 - Governor Edmund G. Brown Jr. today joined Mayor Chuck Reed and Santa Clara County Board of Supervisors President George Shirakawa to announce plans by Samsung Semiconductor Inc. to create jobs in San Jose by expanding their Research and Development (R&D) facility. 

“Samsung’s expansion in California is great news and it further strengthens the state’s role as a world leader in innovation,” said Governor Brown. “Here’s a case where government and business work together – and everyone benefits.”

“Samsung is excited about the prospect of expanding our facilities in the State of California. The signing of a Memorandum of Understanding demonstrates our growing partnership with the City of San Jose and highlights our shared vision of investing for the future of Silicon Valley,” said Mr. Jong Joong Kim, President of Device Solutions Management Office, Samsung Electronics.

Governor Brown, Mayor Reed and President Shirakawa signed a Memorandum of Understanding with Samsung that outlines the company’s plans to build a new expanded R&D facility in the City of San Jose. The expansion will stimulate the local economy by significantly increasing both the size of Samsung’s existing facility in North San Jose and the number of people employed there.

“I want to thank Samsung for its commitment to staying and growing in San Jose,” said Mayor Reed. “For more than twenty years, Samsung has been a leader in the type of innovation that is the hallmark of the capital of Silicon Valley. San Jose is committed to working at the speed of business to ensure the success of Samsung’s expansion plans.”

Over the past several months, the California Governor’s Office of Business and Economic Development (Go-Biz) team has worked directly with Samsung and partnered with the City and County officials to assist with site selection, workforce development and permitting issues.

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2011 consolidated sales of US$143.1 billion. Employing approximately 206,000 people in 197 offices across 72 countries, the company operates two separate organizations to coordinate its nine independent business units: Digital Media & Communications, comprising Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions and Digital Imaging; and Device Solutions, consisting of Memory, System LSI and LED. 

The Governor’s Office of Business and Economic Development (Go-Biz) serves as California’s single point of contact for economic development and job creation efforts. Go-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government and much more. 

Source: Office of Governor, State of California