Wazzup Pilipinas!?
Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today
announced the launch of a new state-of-the-art, environmentally friendly, 38,951
sq. ft. facility in Singapore. Located within the Kallang Industrial Park, the
facility is planned to serve as a central hub for the more than 200 employees working
in Singapore in key divisions of the company, including research and
development, test engineering, sales, and manufacturing. ADI established its
first location in Singapore in 1995 and has steadily grown its operations and workforce
since then. This new strategic investment aligns with the company's global expansion
plans, which include enhancing its capabilities in the Asia Pacific region.
“Our new facility
is an important milestone in ADI’s global growth strategy,” said Jerry Fan,
President of Asia for ADI. “Enhancing our capabilities
in Singapore is vital to leveraging the country’s superb talent pool and
advanced manufacturing capabilities to serve our regional and global customers’
needs. Our investment reinforces ADI’s presence within Singapore’s thriving
semiconductor ecosystem, which is supported by the nation’s digital growth
initiatives.”
The new
facility features a more spacious and advanced laboratory to foster interaction
between the research and development team as well as customers in the region.
Through this forum for the exchange of ideas, ADI and its customers plan to
deepen their collaboration and deliver innovative products for the Intelligent
Edge. In addition, a dedicated space has been allocated for test development
purposes within the new facility, custom-tailored to accommodate multiple
automated test equipment (ATE) stations. These on-site testing stations are
designed to enable faster initial testing of ADI’s state-of-the-art products
and accelerate the timeline of ADI engineering’s ability to meet customers’
toughest challenges.
Fan continued, “Customer intimacy, business
strategy, engineering processes, manufacturing capabilities, and problem-solving
are essential for creating long-term value for our customers. We are confident the
environment within our new facility will help us deliver the kind of innovation
that leads to breakthrough products and services, and we believe it will have a
lasting impact on the region’s ongoing digital transformation journey.”
Location
selection and build criteria for the site prioritized accessibility and
sustainability. The new office is bicycle-friendly, close to public
transportation, and is directly accessible via expressways. Recyclable
materials were used throughout construction, and energy efficient AC, lighting,
and water systems are all part of its advanced building automation system. Low
carbon footprint materials were an integral part of the biophilic interior design.
The office building is Green Mark
Platinum-certified and expected to get LEED Gold certification by July 2023.
About Analog Devices, Inc.
Analog Devices, Inc. (NASDAQ: ADI) is a global
semiconductor leader that bridges the physical and digital worlds to enable
breakthroughs at the Intelligent Edge. ADI combines analog, digital, and
software technologies into solutions that help drive advancements in digitized
factories, mobility, and digital healthcare, combat climate change, and
reliably connect humans and the world. With revenue of more than $12 billion in
FY22 and approximately 25,000 people globally working alongside 125,000 global
customers, ADI ensures today’s innovators stay Ahead of What’s Possible. Learn more at www.analog.com and on LinkedIn and Twitter.
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Forward Looking Statements
This press release contains forward-looking statements
that are subject to the safe harbors created under the Securities Act of 1933,
as amended, and the Securities Exchange Act of 1934, as amended. All statements
other than statements of historical fact are statements that could be deemed
forward-looking statements. These statements are based on current expectations,
estimates, forecasts, and projections about the industries in which we operate
and the beliefs and assumptions of our management. Words such as “anticipates,”
“expects,” “intends,” “goals,” “plans,” “believes,” “seeks,” “estimates,”
“continues,” “may,” “will,” “would,” “should,” “could,” “strives,” “designed,”
and variations of such words and similar expressions are intended to identify
such forward-looking statements. In addition, statements that refer to plans
for our facility in Singapore; global expansion plans, business strategy and
enhancing capabilities in the Asia Pacific region; manufacturing capabilities;
hiring and leveraging talent; research and development plans, acceleration of
research and development, testing capabilities and delivery of innovation,
products and services; collaboration with customers and serving our customers’
needs; creation of long-term value; impact on the region; providing an
environmentally friendly facility and prioritizing sustainability; and other
characterizations of future events or circumstances are forward-looking
statements. For additional information about factors that could cause actual
results to differ materially from those described in the forward-looking
statements, please refer to our filings with the Securities and Exchange
Commission, including the risk factors contained in our most recent Annual
Report on Form 10-K. Forward-looking statements speak only as of the date they
are made, and we do not undertake any obligation to update any forward-looking
statement.