Applied Materials: The Leader in Materials Engineering Solutions

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The semiconductor industry is an aggregate of organizations that design and fabricate semiconductors and devices, like integrated circuits and transistors. With the global semiconductor market size projected to reach $1,380.79 billion with a CAGR of 12.2% in 2029, it can be quickly concluded that the industry is providing new opportunities for market development.

Applied Materials has established itself as a top-ranked US-based public company offering world-class materials engineering products and services. This article will tell you everything about Applied Materials, its founders, its startup story, funding, investment, acquisitions, growth, products, and more.

Applied Materials – Company Highlights

Applied Materials – About
Applied Materials – Founders and Team
Applied Materials – Startup Story
Applied Materials – Mission and Vision
Applied Materials – Business and Revenue Model
Applied Materials – Products and Services
Applied Materials – Challenges Faced
Applied Materials – Funding and Investment
Applied Materials – Mergers and Acquisitions
Applied Materials – Patents and Trademarks
Applied Materials – Growth
Applied Materials – Social Media Presence
Applied Materials – Advertisements and Social Media Campaigns
Applied Materials – Partners
Applied Materials – Awards and Achievements
Applied Materials – Competitors
Applied Materials – Future Plan

Applied Materials – About

Applied Materials is a US-based public corporation offering materials engineering solutions used to develop virtually every new chip and advanced display worldwide. It is an expert in modifying materials at atomic levels on an industrial scale, enabling clients to transform possibilities into reality.

With a business presence in the US, Taiwan, South Korea, Japan, and China, Applied Materials serves 120 cities in 24 countries.

Applied Materials – Founders and Team

Michael A. McNeilly is the founder of Applied Materials. A Silicon Valley pioneer with 30+ years of entrepreneurial experience, he commenced his career by co-founding Apogee Chemicals Inc. at the age of 25. It was on November 10, 1967, that he founded Applied Materials. McNeily worked as the company's CEO and President till 1978.

Applied Materials is currently led by Gary E. Dickerson as CEO and Dr. Omkaram (Om) Nalamasu as CTO. The company employs approximately 33,000 visionaries, scientists, engineers, and experts.

Applied Materials – Startup Story

It began when a group of entrepreneurs created a chemistry supply company named Applied Materials Technology in 1967. The company went public in 1972, and in subsequent years, it diversified until James C. Morgan was appointed CEO in 1976. It's when Applied Materials returned its focus to its core semiconductor manufacturing equipment business.

In 1984, it became the first US semiconductor equipment manufacturer to operate its technology center in Japan and the first semiconductor center in China. Applied Materials introduced a chemical vapor deposition (CVD) machine (Precision 5000) in 1987, and in 1993, it was inducted into the Smithsonian Institution's permanent collection of the Information Age.

In 2009, the company opened the world's largest commercial solar energy research and development establishment in Xian, China. Applied Materials expanded into multiple markets with several acquisitions.

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Applied Materials – Mission and Vision

Applied Materials aims to help customers turn next-generation technologies into profitable new industries.

Applied Materials – Business and Revenue Model

Applied Materials is organized into three business sectors. And these are Semiconductor Products, Applied Global Services, and Display and Adjacent Markets.

The company supplies equipment, software, and services for the manufacturer of semiconductor chips for solar products; flat panel displays in computers, electronics, television, and smartphones. In addition, it also earns revenue by supplying the equipment to manufacture coatings for electronics, packaging, and other applications.

Applied Materials – Products and Services

Applied Materials provides multiple products and technologies, including semiconductors, roll-to-roll web coatings, displays, solar products, and automation software. Furthermore, the company offers consulting, spare parts services, and supply chain solutions.

Applied Materials – Challenges Faced

In 1992, Applied Materials settled a lawsuit worth $600,000, with three former employees claiming that they were driven out of the organization after complaining about the courses taught by Applied Scholastics.

Applied Materials – Funding and Investment

Applied Materials has undertaken 2 funding rounds and raised a total of $101.2 million. Its latest funding round - Grant Round, was conducted on October 19, 2022, and raised $100 million. 2 investors fund the company- the US Department of Energy and NYSERDA.

Furthermore, Applied Materials invested in SES on February 4, 2022, with a Post-IPO Equity funding round valued at $275.

Applied Materials – Mergers and Acquisitions

Applied Materials has acquired 25 companies to date. Some of these acquisitions are:

Applied Materials – Patents and Trademarks

Applied Materials is registered with approximately 17,300 patents, primarily in the 'Basic Electric Elements' category. Additionally, the company is equipped with 462 registered trademarks, with 'Machines and Machine Tools' being the most popular class.

Applied Materials – Growth

Applied Materials' revenue for the quarter ending April 2023 was $6.63 billion. The company's revenue for 2020-2022:

In January 2022, Applied Materials' valuation stood at $148.4 billion. Moreover, its employee count increased by 829% last year.

Applied Materials – Social Media Presence

Applied Materials has a vast presence on social media by having accounts on all prominent social media platforms. The company's social media details are as follows:

Applied Materials – Advertisements and Social Media Campaigns

Applied Materials mainly targets the leading companies. The company routinely posts promotional posts on its social media accounts. In addition, it publishes blogs and press releases based on sustainability on its official website, as it's the motto of Applied Materials.

The company's annual EarthWorks campaign is one of the most effective marketing strategies to bring to life its vision of Making Possible a Better Future!

Applied Materials – Partners

Applied Materials has partnered with:

• BE Semiconductor Industries
• Adesto Technologies
• Indian Institute of Technology Bombay
• Johns Hopkins Institute for Nanobiotechnology
• Joint Center for Energy Storage Research
• NORSK Titanium
• SIMTech
• Tyndall National Institute

Applied Materials – Awards and Achievements

Some of the awards that Applied Materials garnered during its lifetime are:

• 'World's Most Admired Companies 2023' by Fortune
• 100 Most Sustainable Companies in 2023 by Barron's
• 'Best Places to Work for LGBTQ+ Equality 2022' by Human Rights Campaign Foundation

Applied Materials – Competitors

Some of its main competitors are:

• Arrow Electronics
• KLA Tencor
• SEMES
• KCTech
• Steco
• Amgen
• Brooks Automation
• Analog Devices
• Intel
• Micron Technology

Applied Materials – Future Plan

Applied Materials announced its attention to making multi-million dollar investments in its innovation infrastructure in the US and expanding its global manufacturing capacity till 2030.

FAQs

What do Applied Materials do?

Applied Materials is a US-based public corporation offering materials engineering solutions used to develop virtually every new chip and advanced display worldwide. It is an expert in modifying materials at atomic levels on an industrial scale, enabling clients to transform possibilities into reality.

Who is the founder of Applied Materials?

Michael A. McNeilly founded Applied Materials in 1967.

Who are the main competitors of Applied Materials?

Some of its main competitors are:

• Arrow Electronics
• KLA Tencor
• SEMES
• KCTech
• Steco
• Amgen
• Brooks Automation
• Analog Devices
• Intel
• Micron Technology