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What you need to know for 01/17/2017

Nikon pledges $350 million investment in consortium at NanoCollege

Nikon pledges $350 million investment in consortium at NanoCollege

Nikon Corporation has pledged a $350 million investment into the SUNY ’s College of Nanoscale Scienc

Nikon Corporation has pledged a $350 million investment into the SUNY ’s College of Nanoscale Science and Engineering to develop the next generation of lithography technology with a 450 mm wafer.

The investment is expected to create 100 high-tech jobs, according to a news release from Gov. Andrew Cuomo’s office.

Nikon Corporation Executive Vice President and Precision Equipment Company President Kazuo Ushida said his company was honored to be part of the efforts to transition from the 300 mm wafer to the 450 mm wafer, which is being led by the Global Consortium of companies working at the NanoCollege.

Gov. Andrew Cuomo said he was pleased to welcome Nikon to the Global Consortium and argued that the investment is proof that New York is the leader in the field of nanotechnology. “The technologies being developed at CNSE in collaboration with these corporations will allow our state to compete for the high-tech jobs of the future, attract new investments, and grow the state’s economy,” he said in a news release.

Nikon’s five-year investment of $350 million will make it an associate member of the consortium. The commitment comes less than two years after Cuomo announced that Intel, IBM, GlobalFoundries, TSMC and Samsung would jointly form the consortium at the NanoCollege. So far the collaboration has created more than 150 high-tech jobs.

CNSE Senior Vice President and CEO Dr. Alain E. Kaloyeros said the addition of Nikon will further expand the capabilities of the consortium and accelerate their efforts.

Scientists, researchers and engineers from Nikon will locate at CNSE’s Albany NanoTech Complex, where they will provide advanced lithography scanner tooling and wafer patterning services.

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