YNN.com

Albany / Schenectady / Troy

Change region

  44º

You are not signed in  |  Sign in here  |  Help

You're viewing a lite version of ynn.com

Time Warner Cable customers: Sign in with your TWC ID for video access.

Get my TWC ID. | Get TWC service. | Read the FAQ.

Updated 09/06/2012 08:28 PM

Apple co-founder visits GlobalFoundries

By: Web Staff

A technology icon paid a visit to GlobalFoundries to discuss the future of technology innovation in the Capital Region. Our Erin Vannella was there when Apple co-founder Steve Wozniak spoke in Malta on Thursday and has more.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

MALTA, N.Y. -- Company stock for Apple is up more than 75 percent this year and local tech companies looking for similar success need look no further than Apple co-founder Steve Wozniak.

GlobalFoundries provided the back drop for four special industry guests to share their vision of the future for the capital region. Most vocal on the panel, Peter Schultz, the co-founder of Fiber Optics, and Apple co-founder Steve Wozniak.

Both offered kudos for the $4 billion fab eight site and the nano tech and greater tech valley industry growing around it in the Capital Region. They also recognized a couple challenges the region faces if it wants to continue expansion.

"I'm going to tell you this is just the beginning. It is not time to pat yourself on the back. There are a lot more things that have to be built to be able to make this thing really go," Schultz said.

"Large companies or cities are starting to think what kind of environment you want for people to live in. What kind of stores and nearby facilities do they have if they are going to live in a very close environment," Wozniak said.

Each panelist said the Capital Region has the resources and smarts to thrive as a high tech center.