Samsung’s own semiconductor business has proven successful for the company, particularly in recent days as Samsung sales have been impacted (if you compare the company’s height of wealth from several quarters ago). At the same time, however, the Korean manufacturer’s chipmaking business has given the company an additional financial alternative to just selling smartphones, tablets, smartwatches, and TVs, and the company is celebrating its success and innovation with a new semiconductor headquarters in Silicon Valley.
The new Device Solutions America headquarters, 1.1 million square feet in size, is designed as a home to over 700 employees and numerous displays, LEDs, and semiconductor research labs. The new headquarters will also bring together employees in marketing, support, and sales areas, and blend the mingling of employees with in-office gardens (which is said to “increase employees’ contentment and creativity”).
At the company’s announcement of its new semiconductor headquarters, Samsung also took time to create the $1 million STEM College Education Fund for state university students (in California) enrolled in STEM degree programs who can expect one year’s tuition and living expenses from the fund. Samsung also donated $100,000 to the Second Harvest Food Bank and another $100,000 to the Family Giving Tree.
Samsung’s new semiconductor headquarters marks the continuation of the company’s long history of innovation. We’re excited to see Samsung continue to bring “the next big things” to market.
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