SAN JOSE — A major Japanese semiconductor company has big plans for an upcoming expansion into Silicon Valley.
Tokyo-based Renesas Electronics Corporation, one of the world’s largest semiconductor makers, will span a 16-acre campus on Silver Creek Valley Road. The company is expected to create 2,000 high-tech jobs.
“Clearly, Silicon Valley continues to be a major source of talent, especially in artificial intelligence,” said Renesas Executive Vice President Sailesh Chittipeddi, Ph.D.
Semiconductors are the electronic brains that power modern devices like computers, cell phones, and televisions.
The company’s South San Jose campus will focus on emerging technologies to power future devices like self-driving cars, which are already coming out of Silicon Valley.
“So it’s great to be close to customers, to understand how products are changing, so that we can adapt our products to meet their needs,” Chittipeddi said.
“If it has a battery or a power cord, it probably has a semiconductor,” technology analyst Larry Magid told KPIX. He said semiconductors are what helped give the region its name.
“The reason it’s called Silicon Valley is that there was a time, in the early days of microprocessors, when they were actually made here,” Magid said.
Much of Renesas’ work will be designing chips to power future devices.
But Magid says that’s more what the Valley needs.
“If these companies are willing to hire workers from Silicon Valley to design the products and maybe one day manufacture them, that’s good for our local economy and our national security.”