NY CREATES Revenue and Competitors

NY CREATES is a world-leading R&D, innovation hub and commercialization facilitator. NY CREATES works with researchers in industry, academia and national labs to leverage the state-of-the-art infrastructure in upstate New York and to partner with NY CREATES’ capable R&D teams through the ideation, incubation and investment phases of technology development. NY CREATES continues the long-standing leadership by New York state to provide an invigorating environment for high technology industries – which has enabled the establishment of the IBM AI Hardware Center, TEL Technology Center America, Applied Materials’ META Center, Danfoss’s power electronics packaging facility, CREE Wolfspeed’s new 200mm SiC fab, and GlobalFoundries’ flagship fab at Malta, NY, among others. NY CREATES’ high technology infrastructure includes a 300 mm wafer fab complex at Albany that represents $15B of capital investment by government and commercial entities over nearly three decades. The Test, Assembly and Packaging facility at Rochester, NY is now working with customers on electronic and photonic device packaging, including those for quantum computing.