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From the May Issue


From Next Layer to Next Level

A deep dive into national venture capital data reveals places beyond the usual suspects that are achieving critical mass in tech.

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From the September Issue


China’s FDI Message According to Xi and Its impact on FDI

Understanding President Xi Jinping’s vision for the country is to understand China’s future, at least for the next five years.

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This 2017 photo of Samsung Nano City in Hwaseong, in Gyeonggi Province, South Korea, shows the level of facility investment that can come from a global patent leader.
Photo courtesy of Samsung

Connecticut-based IFI CLAIMS Patent Services this week unveiled its 2022 U.S. Top 50 and IFI Global 250 patent rankings, which tally total patents by company in the U.S. and abroad. Samsung (6,248 patent grants), IBM, Taiwan Semiconductor Manufacturing, Huawei Technologies and Canon top the U.S. rankings. Samsung’s ascent to the top of the U.S. rankings marks the first time since 1993 that a company other than IBM has occupied that slot. The biggest upward mover by percent change in patents among the Top 10 is Qualcomm, which rode a 22% increase in patents to a three-position jump in the rankings to No. 7. U.S. patent grants issued in 2022 dropped to their lowest level since 2018, said IFI, but “patent applications hit an all-time high in 2022 as the United States emerged from the COVID-19 pandemic — a harbinger for a resurgence in innovation and grants over the next one to two years.”

Rather than looking at the grants received in a single year, the Global 250, an ultimate owner ranking, presents the cumulative and active technology holdings in an entity's worldwide patent portfolio (including subsidiaries and majority-owned companies) for a given year. Panasonic is No. 1 with 94,341, followed by Samsung, Hitachi, the Chinese Academy of Sciences and Canon. Nearly all of the Top 25 are based in Asia, with the exceptions of No. 16 IBM and No. 22 Robert Bosch.

Site Selection’s Conway Projects Database shows 19 projects worldwide from Samsung since January 2020, including large investments in Taylor, Texas; Noida, Uttar Pradesh, India; and Vietnam. A total of 95 facility investments with a cumulative capex of more than $150 billion have been tracked since then from the U.S. Top 10 in patents, with published job creation numbers from those projects (where available) totaling nearly 38,000. — Adam Bruns




Panasonic Investment Will Catalyze a Power and Materials Industry Ecosystem

The company’s $4 billion, 4,000-job plant in De Soto rides the edge of a new wave of EV and battery innovation emerging from a region with a heritage in battery materials and knowledge.

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From the September Issue


The Heart of America

The community of Russell offers the perfect blend of a high quality of life and opportunities for industry.

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Workforce Training Becomes an Economic Catalyst

Off the Grid Brewery, FabFitFun and Exquadrum are just a few of the companies finding a competitive talent advantage thanks to the workforce development resources they find in San Bernardino County.

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In December, Delaware Prosperity Partnership announced that City National Bank, “one of the largest West Coast banks that’s known as the ‘bank to the stars,’ ” is planning a major expansion in Delaware, as it recently signed a lease for 30,000 sq. ft. in the Buccini/Pollin Group-owned Iron Hill Corporate Center near Newark. The bank will grow its headcount by more than 475% in adding 253 new positions over the next few years. The bank was reportedly considering other sites along the East Coast, said the Partnership, which has been working with City National since July 2022 on the project. “Geography played an important part to City National’s decision to come to Delaware,” said the release, “as it is equidistant to the bank’s hubs in New York and Washington, D.C., and close to the Philadelphia International Airport, which offers direct flights to Los Angeles.” “We know the state very well,” said Justin Rowley, a senior vice president at City National and a University of Delaware graduate. “Many of the colleagues who work in our current state office have long-term and tenured experience with the state of Delaware. We know the talent and the university systems, and we know it can uniquely support our expanding growth.”

Source: Conway Projects Report

South Africa

California-based digital infrastructure giant Equinix in December announced plans to enter the South African market with a $160 million data center investment in Johannesburg that augments its current footprint on the African continent in Nigeria, Ghana and Côte d'Ivoire after its recent acquisition of West African data center company MainOne. The new data center is expected to open mid-2024. “Already a strategically important connectivity hub for digital networks, South Africa boasts a significant network of submarine communications cables,” the company said. “These strategic links between countries and continents are established at several points across the country's 2,850 kilometers of coastline.” Eugene Bergen, president, EMEA, at Equinix., said, “This investment will give both South African businesses the opportunity to expand internationally and global businesses to expand into South Africa.” The current Equinix footprint spans six continents, 32 countries, more than 70 markets and over 245 data centers. Arizton reports that South Africa is the top data center market in Africa and will witness investments of more than $3.2 billion by 2027, growing at a CAGR of 11.15% during 2022–2027.

Source: Conway Projects Report




Prof. Yossi Sheffi, Director, MIT Center for Transportation and Logistics

The fall edition of the Wilson Center’s Wilson Quarterly is all about strengthening supply chains. Among the dozen features in the issue is a piece on building resilient supply chains featuring the perspective of Yossi Sheffi, director of MIT’s Center for Transportation and Logistics, whose insights have been featured in Site Selection multiple times over the past decade and remain relevant.


Photo by Zhonghui Yao courtesy of University of Oxford

This photo showing the October 2022 water level in the Yangtze River accompanied the release earlier this month of a new study from the University of Oxford’s School of Geography that finds more than 90% of the world’s population is projected to face increased risks from the compound impacts of extreme heat and drought. According to co-author Dr. Jiabo Yin, a visiting researcher from Wuhan University, the work has “wide-reaching implications across the broad fields of sustainability, including climate science, hydrology, ecology, water resources, and risk assessment,” said an Oxford release.