NEW YORK, NY / ACCESSWIRE / November 6, 2015 / Trader's Choice has initiated research coverage on Applied Materials Inc. (NASDAQ: AMAT). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.
Today, membership is open to readers on a complementary basis at the following URL: http://www.traders-choice.com/pdf?s=AMAT
Highlights from our AMAT Report include:
- New R&D Lab in Collaboration with A-STAR – On October 19, 2015, Applied Materials, Inc., global leader in materials engineering solutions for the semiconductor, flat panel display and solar photovoltaic industries, announced that it plans to establish a new R&D laboratory in Singapore in collaboration with the Agency for Science, Technology and Research (A-STAR). The Company informed that the S$150 million joint lab will be housed within A-STAR's new R&D cluster at Fusionopolis Two and will feature a 400 square meter Class 1 cleanroom with state-of-the-art semiconductor process equipment that has been custom designed and built by Applied Materials. Further, the Company stated that the facility will be staffed by 60 highly skilled researchers and scientists, who will work with extended research teams at A-STAR's other research institutes.
- Highlights of Collaboration – AMAT highlighted that the joint investment will focus on developing advanced semiconductor technology to fabricate future generations of logic and memory chips. The aim of the joint lab is to develop products which will be manufactured by Applied Materials in Singapore. Describing the capabilities of R&D lab, the Company stated that the joint lab combines A-STAR's multi-disciplinary R&D capabilities with Applied Materials' leading expertise in materials engineering. The release added that the A-STAR's Institute of Microelectronics (IME), Institute of High Performance Computing (IHPC) and Institute of Materials Research and Engineering (IMRE) will contribute to research in low-defect processing, materials analysis and characterization, ultra-thin film materials and modelling and simulation in many areas. Further, the release mentioned that the joint lab is supported by The Singapore Economic Development Board, and is in line with its efforts to promote leading-edge R&D and advanced manufacturing activities.
- Management Speak – Commenting on the collaboration, Mr. Gary Dickerson, President and CEO of Applied Materials, Inc., said, "A-STAR and the government of Singapore have been great R&D partners for Applied Materials. We are excited to expand our collaboration to develop advanced semiconductor technology for extending Moore's Law. Applied Materials' leading expertise in materials engineering can help solve the challenges of producing future generations of logic and memory chips." Further, Mr. Lim Chuan Poh, Chairman, A-STAR, added, "This collaboration will catalyze the development of emerging technologies for the global electronics market and advance Singapore's position as a key R&D hub for the industry. The joint lab reaffirms A-STAR's multi-disciplinary R&D capabilities to drive innovation in the electronics sector, a key growth area for Singapore's economy, and will generate further economic value through the creation of good jobs."
To find out how this influences our rating on Applied Materials, Inc., read the full report in its entirety here: http://www.traders-choice.com/pdf?s=AMAT
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