Global 450 Consortium

In September 2011, New York Governor Andrew M. Cuomo announced the establishment of the Global 450 Consortium (G450C) at CNSE’s Albany NanoTech Complex. This $4.8 billion, first-of-its-kind collaboration headquartered and housed at CNSE is comprised of five leading international companies working to create the next generation of computer chip technology: IBM, Intel, GlobalFoundries, Samsung and TSMC.

The goal of the Global 450 Consortium is to support the industry transition from 300mm wafer to 450mm wafer production. The consortium will leverage industry and government investments, and the state-of-the-art infrastructure at CNSE’s Albany NanoTech Complex to demonstrate and deploy 450mm wafer tools and process capabilities. This program has significant potential benefits to the nanoelectronics industry and New York State.

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New York State has entered into agreements with the consortium providing for investments valued at $4.4 billion over the next five years, which mark an historic level of private investment in the nanotechnology sector in New York.

Research and development facilities will be located in Albany, Canandaigua, Utica, East Fishkill and Yorktown Heights. In addition, Intel will establish its 450mm East Coast Headquarters in Albany to support the overall project management.

To support the project, New York State will invest $400 million over five years in CNSE, including $100 million for energy efficiency and low cost energy allowances. The state investment will be directed entirely to CNSE, and all tools and equipment acquired through the investment will be owned by CNSE.

The investment in these efforts will result in the creation and retention of 6,900 high-technology positions across New York.

Read full press release here

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