New York State has emerged as a world center of burgeoning technologies and is a national leader, with companies dedicated to such fields as optoelectronics, bioinformatics, nanotechnology, computers, electronic components, measurement and process control devices.
IBM's decision to invest more than $4 billion in Upstate New York, to build one of the world's most technologically advanced chip-making plants, sends a powerful message around the world that New York State is the premier location for high-technological investments and advancements.
Following on the heels of IBM's decision to locate its $300 million fab in New York, International SEMATECH announced that it will locate a $400 million research and development center at Albany NanoTech, located on the University at Albany campus. Shortly thereafter, Tokyo Electron announced that it too would locate a $300 million research and development effort at Albany NanoTech, placing New York at the center of cutting-edge semiconductor research and development.
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New York State is also home to other leading computer hardware and electronics companies such as:
* IBM Corporation
* Philips Semiconductors
* EDO Corporation
* Sanmina-SCI Corporation
* Northrop Grumman
* Symbol Technologies
* Lockheed Martin
* BAE SYSTEMS
* Tokyo Electron
* International SEMATECH
* Endicott Interconnect Technologies
Investments in New York State by IBM and these other leading computer hardware and electronics companies exemplifies the private sector's confidence in New York State's pro-business climate and underscores that New York is the place to locate and expand your computer hardware or electronics business.
New York State's high-tech infrastructure offers a host of resources and incentives for businesses in the computer hardware and electronics industries:
According to the American Electronics Association's Cyberstates 2005 Report, New York State ranks:
* 3rd in the nation in total high-tech employment and payroll
* 4th in the nation in high-tech establishments
* Among the top five states for employment in Computers and Peripheral Equipment Manufacturing, Electronic Components Manufacturing, Defense Electronics Manufacturing and Photonics Manufacturing.
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