Samsung building four new offices in the San Francisco Bay area
Back in September, Samsung announced an expansion and relocation of its research and development center in Mountain View, California. The new R&D center will consist of two six-story buildings totaling about 385,000 square feet, sitting on about 8.5 acres. That facility should begin construction in the middle of 2013 and will be completed the following year. Last month, Samsung announced plans to develop a “start-up” incubator, called the Samsung Open Innovation Center, in downtown Palo Alto, California to engage the company with Silicon Valley entrepreneurs. This past quarter, a new strategy and innovation center in nearby Menlo Park, was established.
Finally, Samsung Semiconductor just announced plans to build a 1.1 million square foot R&D and sales headquarters in north area of San Jose, California. The new facility will feature a ten story tower and pavilion to foster team interactions amongst the folks that work there. If you are a high-tech employee, expect opportunities to arise from this expansion as Samsung says the sector is growing faster than employment. That means jobs.
Given these four locations throughout the tech corridor of Silicon Valley, this represents an investment of several hundred million dollars. Samsung is clearly engaging to remain relevant as the tech sector continues to expand rapidly.
sources: Samsung (1, 2) via AllThingsD
2. ScottSchneider (Posts: 150; Member since: 06 Dec 2011)
More RnD - > More Customer Satisfaction... Great Job SS...
3. JC557 (Posts: 641; Member since: 07 Dec 2011)
Not just that but also more jobs and also more tax revenue for the state.
4. PAPINYC (Posts: 1834; Member since: 30 Jul 2011)
Samsung should open a R&D site in San Jose; not that there will be anything in the area to research but, at least when they do come up with their new innovations, they can run right over to the Patent and Trademark satellite bureau office [when it finally opens] and beat anyone trying to iCopy their ideas, falsely claiming that [they] actually invented the process or technology. This way Samsung is not the victim of any further false patent claims by other companies that steal their ideas.
8. joey_sfb (Posts: 1490; Member since: 29 Mar 2012)
We have apple to thank for that. See Apple is still important to drive competition. All those Samsung Freebie that we receive from Samsung come from Apple indirectly.
10. Nathan_ingx (Posts: 2953; Member since: 07 Mar 2012)
Are you sure Apple won't sue the entire building?
Cause from what happened in the past, i'm pretty sure Apple can persuade people that the building is circular or square...like the way they want people to see.
5. TheMan (Posts: 317; Member since: 21 Sep 2012)
They may need an office or two for the attorneys, too, sad to say.
6. InspectorGadget80 (Posts: 5180; Member since: 26 Mar 2011)
Now this is how you spend youre money. i can't wait to see what kind of R&d Samsung will put out. and their creating jobs same time
9. RapidCat (Posts: 340; Member since: 12 Jun 2012)
samsung build new office
another like moto, nokia and rim selling office