American company Microchip Technology has announced plans to invest $20m in a new development centre in Cork that will create up to 200 Irish jobs.
The Arizona-headquartered firm specialises in the manufacturing of microcontroller, mixed-signal, analogue and Flash-IP integrated circuits and intends to recruit for 60 of the new positions within the next three years.
The creation of jobs will include engineers for integrated circuit design and testing, hardware and software system design, applications development plus field and customer support.
Microchip’s new facility will be located close to the city centre in Cork and will incorporate an engineering lab to support state-of-the-art innovation and extend Microchip’s regional customer support in Ireland.
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Initially, the development centre will focus on mixed-signal integrated circuit design, applications and software development for high-speed networking, timing and synchronization products, high voltage power management devices and solutions, high reliability integrated power systems and Field Programmable Gate Arrays (FPGA).
The development centre will build on Microchip’s existing presence in Ireland which is a mix of operations in counties Dublin, Cork and Clare.
As part of a network of development centres across Europe, the Cork development centre will work with many Microchip business units.
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"The new Microchip development centre in Cork will establish a significant R&D presence in Ireland and emphasise Microchip’s commitment to Ireland and Europe as a whole," said Ganesh Moorthy, President and CEO-Elect of Microchip.
"Cork was chosen for the development centre as it is the second-largest city in Ireland, with a growing pool of talented engineers and the Centre will add to Microchip’s ability to deliver superior products and be able to provide timely response to our customers.
"Availability of analogue and mixed-signal talent is another key factor in selecting Cork."
Source: press release
