INDIANAPOLIS – Today during the SelectUSA Investment Summit, Governor Eric J. Holcomb and Indiana Secretary of Commerce Brad Chambers joined U.S. Senator Todd Young, Purdue University President Mung Chiang, and leaders from Belgium-based Imec, a world-leading research and innovation hub in nanoelectronics and digital technologies, to announce a formal memorandum of understanding (MOU) to jointly advance research and development in Indiana’s semiconductor sector.
“Indiana is securing unprecedented economic momentum right now, particularly in advanced manufacturing, propelled by the strategic partnerships we have built as we continue to strengthen our growing semiconductor ecosystem,” said Gov. Holcomb. “Imec is a global leader for research and technological development, and we are proud to partner with them, alongside our top-ranked Purdue University, by formalizing the discussions and collaborations already taking place, facilitating the further exchange of ideas, and providing the necessary support to power cutting-edge, next-generation microelectronic R&D in the U.S. with Indiana at the center.”
The MOU outlines financial support and a framework for revolutionary trans-Atlantic cooperation toward research and development in the semiconductor sector. Each institution will provide significant investment per year over the course of the five-year agreement. The partnership focuses on bringing together world-class expertise and state-of-the-art technology with the exchange of students, faculty, and professionals between Indiana and Belgium to foster further collaborative research and innovation capacity.
“Indiana has the workforce, institutional partnerships, geography, and natural resources which enable us to be a leader in the semiconductor space,” said Sec. Brad Chambers. “In the last 20 months, we have secured incredible momentum in this future-focused sector – a critically important industry for our national security – and announced foundational semiconductor investments throughout the state. Today’s announcement is a direct result of our strategy and commitment to further position Indiana as a leader in reinvigorating and bolstering U.S. semiconductor capacity through leading-edge technology and R&D, with the intention of growing and scaling this work through additional funding based on the findings of this initial phase in the partnership.”
“This one-of-a-kind trans-Atlantic partnership connects one of the world’s most respected R&D firms with one of the world’s most respected universities. I’m pleased imec, Purdue and the state of Indiana are collaborating in this endeavor,” said Senator Todd Young.
“Purdue University and the state of Indiana have become the heart of the silicon heartland. Purdue is the most visible and forward-leaning university in the U.S. in semiconductor degrees program, in research innovation to rewrite the economic equation of on-shoring fabs and packaging, in industry partnership with over 20 leading companies, and in national leadership in CHIPS for America’s execution,” said Purdue President Mung Chiang. “Today we mark a milestone for semiconductor collaboration between the U.S. and Europe, by forming the R&D partnership with imec: the best example of successful collaboration across universities, companies, and the government. We warmly welcome the imec ecosystem to the home of America’s top 4 engineering and top 5 patent-receiving universities.”
“This MOU signed with Purdue University holds great significance for imec. It provides us with a unique opportunity to act as a major catalyst of worldwide semiconductor R&D in collaboration with a world-class American research university. This collaboration between these two R&D powerhouses from the U.S. and Europe underscores my strong conviction that international collaboration in semiconductor research and development is imperative for expediting progress by building on our strengths and innovating faster together. Advocating and executing on that spirit of collaboration is what imec is all about and we look forward to working with Purdue to strengthen the innovation ecosystem in the U.S. and Europe,” said imec CEO Luc Van den hove.
About imec
Imec is a world-leading research and innovation center in nanoelectronics and digital technologies. Imec leverages its state-of-the-art R&D infrastructure and its team of more than 5,500 employees and top researchers, for R&D in advanced semiconductor and system scaling, silicon photonics, artificial intelligence, beyond 5G communications and sensing technologies, and in application domains such as health and life sciences, mobility, industry 4.0, agrofood, smart cities, sustainable energy, education. Imec unites world-industry leaders across the semiconductor value chain, Flanders-based and international tech, pharma, medical and ICT companies, start-ups, and academia and knowledge centers. Imec is headquartered in Leuven (Belgium) and has research sites across Belgium, the Netherlands, and the USA, and representation in 3 continents. In 2022, imec’s revenue (P&L) totaled 845 million euros. Further information on imec can be found at www.imec-int.com.
About Purdue University
Purdue University is a top public research institution developing practical solutions to today’s toughest challenges. Ranked in each of the last five years as one of the 10 Most Innovative Universities in the United States by U.S. News & World Report, Purdue delivers world-changing research and out-of-this-world discovery. Committed to hands-on and online, real-world learning, Purdue offers a transformative education to all. Committed to affordability and accessibility, Purdue has frozen tuition and most fees at 2012-13 levels, enabling more students than ever to graduate debt-free. See how Purdue never stops in the persistent pursuit of the next giant leap at https://purdue.edu/.
About IEDC
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Brad Chambers, @SecChambersIN, and governed by a 15-member board chaired by Governor Eric J. Holcomb, @GovHolcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.
