Samsung sets up new Silicon Valley office in US

September 25, 2015
Samsung headquarters in South Korea (Yonhap)

Samsung headquarters in South Korea (Yonhap)

SEOUL, Sept. 25 (Yonhap) — South Korean tech behemoth Samsung Electronics Co. said Friday it has completed the construction of a new office building for its component unit in Silicon Valley in the United States.

The world’s top maker of memory chips held a dedication ceremony for the new site in San Jose, California, on Thursday (U.S. time), attended by Samsung Electronics Vice Chairman Kwon Oh-hyun, San Jose Mayor Sam Liccardo and some 800 key officials, Samsung said.

The 1.1-million-square-feet, 10-story building will house Samsung’s Device Solutions division, which includes memory chips, system LSI, light-emitting diode, displays and foundry works, the company added.

It broke ground in 2013 and was completed early this month, designed to accommodate up to 2,000 people. Samsung’s first Silicon Valley unit for the component sector was built in 1983 in the same city.

Samsung said it will strive to boost competitiveness in the component business by finding fresh growth drivers that can lead to frontier technologies.