Samsung will be taking several steps towards strengthening its U.S. presence with two new facilities to be constructed in 2013. The Korean handset and chip manufacturer already has some notable presence in the Bay Area, and has big plans to expand that in the coming year. The first big move is a 1.1 million square foot building to be constructed in San Jose with its current display and semiconductor business, which will be used for SSI (Samsung Semiconductor, Inc.) R&D and sales teams.
The second step will be moving the current SISA (Samsung Information Systems America) R&D Center to two new 6 story business buildings (and a 6 story parking structure) located in North San Jose. These new buildings will total about 385,000 square feet on 8.5 acres of land. The buildings are set to be finished in 2013, with full occupancy in 2014.
That's some big investment from Samsung, and these changes will surely help bring some operating efficiency to a very large company that currently has divisions spread across multiple countries. You can find a press release with some of the specifics after the break.
Source: Samsung (BusinessWire)
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Lily Allen
Nadine Velazquez
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