Samsung to build new R&D center in Silicon Valley

The company annoucned plans for the new 8.5 acre campus in Mountain View, CA yesterday, with construction anticipated to start in the second half of 2013 and completion in 2014. "Our new R&D Center will provide an outstanding environment to support our plans for strategic growth and attracting the very best employees," said Jay Chang, president of SISA. "Our company will benefit from the dynamic location, the culture and the diversity of talent here in the region." Samsung did not divulge how many employees will work at the new campus nor the cost of the planned construction.