Samsung Research America (SRA), a subsidiary of Samsung Electronics, announced that it will be constructing of a new campus in Mountain View covering 8.5 acres.
With $ 187.8 billion in sales and 270,000 employees across 79 countries, Samsung Electronics is a global leader in technology that has been a presence in Silicon Valley for more than three 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 state-of-the-art R & D center will provide an outstanding environment to support our plans for strategic growth and attracting the very best employees,” said Daniel Eum, president of SRA. “This expansion, in addition to Samsung Semiconductor Inc.. ‘S new San Jose campus, builds upon Samsung’s 35-year history in the Bay Area and reinforces our commitment to the valley.”
The campus will include two new six-story class-A office buildings totaling approximately 385,000 sq. ft. and two parking structures – one five-story, six-story the other. Occupancy is expected in December 2014 the buildings being designed in accordance with LEED Gold and LEED Platinum certification standards.
This expansion builds upon Samsung’s long-term presence in the Bay Area. In July, state, city and community leaders joined Samsung Semiconductor Inc.. in a groundbreaking ceremony for the 1.1 million square foot facility 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.