SUNY Poly Announces $262.5M in New Investment as Tokyo Electron Extends Pioneering Research and Development Partnership at Nanotech Megaplex

SUNY Poly Announces $262.5M in New Investment as Tokyo Electron Extends Pioneering Research and Development Partnership at Nanotech Megaplex

Published:
Thursday, October 8, 2015 - 10:39
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For Release:            Immediate ­ October 8, 2015

Contact:                  Jerry Gretzinger, Vice President of Strategic Communications and Public Relations ­

                         (518) 956-7359ggretzinger@sunypoly.edu

 

Global leader in semiconductor technology to maintain and expand operationsat SUNY Poly CNSE in Albany

Albany, NY – Showcasing Governor Andrew M. Cuomo’s success in establishing New York State’s global leadership in nanotechnology innovation, SUNY Polytechnic Institute’s Colleges of Nanoscale Science and Engineering (SUNY Poly CNSE) today announced that global electronics and semiconductor company Tokyo Electron Limited (TELTM) has extended its research and development agreement through 2020, with $262.5M in new investments at SUNY Poly’s NanoTech megaplex in Albany. Today’s announcement brings total investments in TEL’s cutting edge R&D center at SUNY Poly CNSE to more than $1 billion.

“New York continues to be a wonderful partner to TEL.  Through SUNY Poly, Governor Cuomo has created one of the finest R&D centers in the world for creating next generation chip technology, and we look forward to our continued collaboration and innovation,” said Tetsuro Higashi, President and CEO of TEL.   “SUNY Poly CNSE has provided Tokyo Electron with a unique opportunity to conduct leading-edge research in a timely, cost-effective manner through its strong consortium and innovative technical support staff.”

“Today’s announcement is a testament to Governor Cuomo’s high tech economic development model which is spurring companies from around the world to bring their jobs and investments to New York State, while enabling companies that are already here to stay and expand,” said SUNY Poly President and CEO, Dr. Alain Kaloyeros, “We are excited to see the continued growth of our partnership with TEL, which leverages the Governor’s targeted high-tech investments to enable joint, leading-edge research and maintain New York State’s global leadership in the nanotechnology-driven economy of the 21st century.”

Over the next 5 years, TEL will invest $175M at SUNY Poly’s NanoTech complex and SUNY Poly will invest $87.5M, to continue supporting TEL’s first research and development facility outside of Japan, which was established in Albany in 2003. Today, the center supports over 750 high tech employees from TEL, SUNY Poly and corporate partners across New York State.

TEL is a leader in patterning solutions and will drive novel work in Advanced Lithography directed self-assembly imaging, defect optimization, and novel advanced patterning techniques. In addition, new Atomic Layer Deposition (ALD) will be developed.  These technologies will enable advanced FinFET transistors, nano wires and other advanced structures for the extension of Moore’s Law to the 7 and 5 nanometer nodes, and utilize the leading edge lithography capabilities available at SUNY Poly CNSE.

TEL is a worldwide supplier of advanced state-of-the-art semiconductor production equipment (SPE) and flat panel display (FPD) production equipment.  TEL is the largest manufacturer of SPE and FPD production equipment in Japan and the third largest in the world.