SCHUMER SECURES COMMITMENT FROM SOUTH KOREA PRESIDENT YOON FOR KOREA TO PARTNER WITH NY CREATES' ALBANY NANOTECH COMPLEX FOR ADVANCED SEMICONDUCTOR RESEARCH & DEVELOPMENT

Press Release

"Even halfway across the globe in South Korea, I always have the Capital Region and Upstate NY on my mind. During my meeting with South Korean President Yoon, I raised how important it was for our countries to work together on advanced technologies from semiconductors to AI, so our scientists and students could learn from each other to help spur innovation and take us to the next frontier. I am proud to say that President Yoon agreed, and personally committed to growing South Korea's partnerships with New York on research & development for semiconductors and other advanced technologies, including a collaboration with NY CREATES at its Albany NanoTech Complex. This will help bring researchers, Korean universities and companies to the Albany NanoTech Complex's world-renowned facilities. Governments and industry partners from around the world continue to recognize that Albany NanoTech is the place to be for cutting-edge semiconductor research. In fact, President Yoon made clear that the U.S. and Korea working together on advanced technology is key to the alliance between our two countries, and that New York is central to that effort."

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