Samsung Electronics Announces New Silicon Valley R&D Center

Samsung Information Systems America, a Subsidiary of Samsung Electronics, will Move to New R&D Center in Mountain View, California

SAN JOSE, Calif.--(BUSINESS WIRE)--Samsung Information Systems America Inc. (SISA), a Samsung Electronics U.S. R&D Center, today announced its plans for expansion and relocation to a new 8.5 acre campus in Mountain View, CA.

“Our company will benefit from the dynamic location, the culture and the diversity of talent here in the region.”

With $143.1 billion in sales and 206,000 employees worldwide in 2011, Samsung Electronics is a global leader in digital media and digital convergence technologies and has been a presence in Silicon Valley for more than two decades. The R&D Center will provide a state-of-the-art campus that can support the current rapid growth in the organization, and also provide the infrastructure to support Samsung’s open innovation and university collaboration activities.

“Our new R&D Center will provide an outstanding environment to support our plans for strategic growth and attracting the very best employees,” said Jay Chang, president of SISA. “Our company will benefit from the dynamic location, the culture and the diversity of talent here in the region.”

Construction is anticipated to start in the second half of 2013 on the company’s two new six-story class-A office buildings totaling approximately 385,000 sq. ft. and two 5-6 story parking structures, with occupancy expected in 2014. The project is being designed in accordance with LEED Gold certification standards.

This expansion builds upon Samsung’s more than 20 year history in the Bay Area. Last month, Samsung Semiconductor Inc. joined California Governor Jerry Brown at a ceremony to announce the expansion of its San Jose operations. Beyond Silicon Valley, Samsung is continuing to expand its facilities across the United States, with increased investments and significant new employment opportunities.

About Samsung Information Systems America Inc.

Founded in October 1988, Samsung Information Systems America is headquartered in San Jose, CA, with offices across the U.S. SISA is engaged in researching emerging technology to create new businesses, and developing core technology to enhance the competitiveness of Samsung products. The primary research areas of SISA include: advanced software, interactive services, user experience, and emerging technologies in convergence.

About Samsung Electronics Co., Ltd.

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. Recognized for its industry-leading performance across a range of economic, environmental and social criteria, Samsung Electronics was named the world’s most sustainable technology company in the 2011 Dow Jones Sustainability Index. For more information, please visit www.samsung.com.