Silicon is an essential material used in the manufacture of electrical devices or technical products. Silicon Valley, the world’s technology capital, is named after this silicon. Silicon Valley, located in California, USA, is home to the offices of several thousand technology companies. The headquarters of technology giants like Facebook, Google, and Apple are also located in this Silicon Valley. Much of today’s tech world is controlled directly by Silicon Valley.
After 1995, Silicon Valley became a major center for technological innovation and young entrepreneurs. But it started long before that. Since then, Stanford in California has been known for discovering new technologies, advancing manufacturing research, and building technology companies.
Around 1939, Stanford University professor Frederick Terman and his former students David Packard and William Hewlett formed a small electronics company. They were the first to start a business in this small garage in Palo Alto for research purposes. This garage in Palo Alto later became known as Silicon Valley.
In 1947, Professor William W. Handsin built the new microwave laboratory. Then in 1951, Geriant Associates established the Stamford Industrial Park for innovation and research. In 1970, Professor Vinton G. Cerf, the father of the Internet, conducted research on Internet communication systems in Silicon Valley with one of his classmates.
Then in 1980, John Cuffy and his students began working on transferring Internet data over telephone lines. This is where the modern Internet system was born. Since then, the development of high-tech information technology has continued in Silicon Valley through the research and discovery of many Nobel Prize-winning researchers and professors. As a result, the scenic hilly region has become the high-tech hub of today’s world.
The name Silicon Valley is used both figuratively and literally. In the past, this region of California was famous for fruit production and agriculture. The area was called the Valley of Heart’s Delights because of its rows of fruit and flower gardens.
In 1971, Don Hoeffler referred to this region as Silicon Valley in an article in his Electronic magazine. Since then the name has become very popular and the name is then officially used on maps of California. The region between the cities of San Francisco and San Jose in California is known today as Silicon Valley.
Some of the most notable areas of Silicon Valley are – Palo Alto, Cupertino, Menlo Park, Mountain View, etc. Palo Alto is home to Stamford University. Facebook has its offices in Menlo Park. Apple office in Cupertino and Google office in Mountain View.
Currently, most the computer and technology products in the world are invented in this Silicon Valley. Almost all major companies providing computer technology software microchips or Internet-based services have their offices here. Gradually, along with large corporations, many small aid organizations also grew up in Silicon Valley.
At one point, the place became a major trading center for the internet economy and high technology. Silicon Valley has become a meeting place for small and large start-ups or young entrepreneurs. Companies like Facebook, Google, Apple, and HP which dominate the tech world today began their journey as Silicon Valley start-ups. Also, currently in Silicon Valley – Microsoft, Amazon, Twitter, Netflix, PayPal, Uber, Adobe, AMD, Yahoo, Nvidia, HP, Intel, eBay, Tesla, Oracle, Sony, Opera, Siemens, etc.
Not only that but there are also thousands of other tech companies in Silicon Valley. Without the technology institutions and products that were born in Silicon Valley, perhaps today’s global technology would never have reached the level it is today. Silicon Valley entrepreneurs have changed not only their own fortunes and their own businesses but also the entire world. The most important data centers in the world are also located here.
In other words, from the valley of this technology, the virtual assets of hundreds of millions of people around the world are controlled. There is currently no high-tech company that does not operate out of Silicon Valley. As a result, the economy of this area of only 800 square kilometers is very strong.
Silicon Valley’s annual output value is about $300 billion, more than many developed countries. Even if Silicon Valley were a country, it would be the second richest country in the world by GDP per capita. According to 2017 calculations, Silicon Valley’s GDP is only $300 less than that of Qatar, the richest country in the world.
The area is named Silicon Valley because of the invention and commercialization of silicon chips. But the name serves as inspiration for naming tech-centric cities around the world. The addition of the word silicon to the name of many innovative cities around the world is proof of this.
For example, the Indian city of Bangalore was named Silicon City. Similarly, Silicon Valley in Israel, Brazilian Silicon Valley in Brazil, Silicon Valley North and Silicon Valley in Canada, Silicon Paradise in Costa Rica, Silicon Valley South in Mexico, Silicon Sloboda in Russia and Silicon Diego are notable.
Also, several other countries in Asia named their new cities after decorating their old cities in Silicon Valley style. For example, Davao City in the Philippines is now Silicon Girls, Q Sudeep in Japan is now Silicon Island, Hsinchu in Taiwan is now Silicon Valley of Taiwan, Bandag in Indonesia is Silicon Valley of Indonesia, and United Arab Emirates has Silicon Oasis.
In addition, there are several such Silicon Valleys in China, the world capital for the production of technological products. Even genuine Silicon Valley tech companies heavily depend on these tech cities in China to manufacture their products. Due to China’s nominal wage labor and cheap transportation system, most Silicon Valley companies set up factories in China to manufacture their products.
Currently, around 2.7 billion people around the world use smartphones. In the past, no technological product has spread as widely as the smartphone. China is the biggest contributor to smartphone availability, as the majority of the world’s smartphones are made there. Specifically, 70% of the world’s smartphones are made in Shenzhen, China. Most of the world’s middle class can use this state-of-the-art device so cheaply thanks to the Shenzhen-made smartphone.