Silicon Valley .. the world's technology tycoon

Silicon Valley .. the world's technology tycoon

 

 

In California, specifically in Silicon Valley, there are headquarters of one of the largest technology companies in the world such as: Apple, Meta, HP, IBM, Oracle, Adobe ... and many others. What contributed to making that city a destination for creativity in the world of technology?

 

Silicon Valley .. the world's technology tycoon
Silicon Valley .. the world's technology tycoon

 

 

Name and location secret

 

The first to give Silicon Valley this name was the writer Don Hoelfer, in a series of articles dating back to 1971 that were published in a magazine specialized in the field of electronics. But according to most accounts, the name of that valley is attributed to the silicon material used in the manufacture of electronic chips. Which is the cornerstone of the industries of those companies located there.

 

This valley project was started in response to the need for research facilities in the United States. The selection was made on the southern region of the San Francisco Bay area in California, which was known for its forests. Which includes many well-known areas such as “Santa Clara”, including the city of “San Jose”, the capital of the valley, which has an area of ​​approximately 110 square kilometers. It includes 28 cities and four provinces, and has a population of nearly 2.5 million. The companies that are there, and because they contribute about a third of the investment returns in the field of new projects in America. This has led to an increase in the employment rate in that region. But this led to a crazy increase in real estate prices during the last short period.

The founder of "Intel" Robert Noyce is considered one of the figures who contributed strongly to the founding of Silicon Valley. And for that, he is called the mayor of Silicon Valley.

 

 

Reasons for the Silicon Valley Renaissance

 

One of the parties that contributed to the development there is Stanford University. One of the engineering professors at Stanford University encouraged his students to set up their own companies in this region. The waves of immigration that Silicon Valley witnessed, especially from Asian countries, contributed to creating a new boom in the field of developing advanced technologies. Those companies that attract the best minds and brains in the field of technology. Half of them come from Asia, especially China. India and the Philippines .

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