New $20m Cork city centre operation for Microchip Technology will boost engineering talent across key skills.
Arizona-headquartered Microchip Technology is investing $20m to create a new development centre in Cork city.
The new facility will open in the first quarter of this year with 60 jobs being created over the next three years but ultimately 200 jobs will be created over the next seven years.
“Cork was chosen for the development centre as it is the second-largest city in Ireland with a growing pool of talented engineers”
The creation of this centre will reinforce Microchip’s existing presence in Ireland and boost the pool of engineering talent across key skills. Located close to the city centre, this new facility will incorporate an engineering lab to support state-of-the-art innovation and extend Microchip’s regional customer support.
The project is supported by the Irish Government through IDA Ireland.
Cork’s talent pool
“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,” said CEO-elect of Microchip Ganesh Moorthy.
“Availability of analogue and mixed-signal talent is another key factor in selecting Cork,” Moorthy added.
Initially, the development centre will focus on mixed-signal integrated circuit design, applications and software development for high-speed networking, timing and synchronisation products, high voltage power management devices and solutions, high reliability integrated power systems and Field Programmable Gate Arrays (FPGA).
Close partnerships with Irish universities will enable the Microchip development centre to offer internships and collaborate on key next-generation initiatives. The partnership between the development centre and leading Universities in Ireland will enhance the knowledge base and skill levels of engineers in the semiconductor development space in Ireland.
The development centre will also participate in Microchip’s New College Graduate (NCG) programme, which operates worldwide, and in the Government of Ireland’s Skillnet programme which promotes the development of future skills.
“Eventually this centre will create 200 new jobs and is further testament to the depth of engineering and research talent in the country,” Taoiseach Micheál Martin said. “The partnerships established with leading Irish universities will also ensure strong opportunities for graduates in the growing digital economy. I wish them every success.”
The development centre will build on Microchip’s existing presence in Ireland which is a mix of operations in Dublin, Cork and Ennis.
As part of a network of development centres across Europe, the Cork development centre will work seamlessly with many Microchip business units. 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.
“Today’s announcement by Microchip is very welcome,” said IDA Ireland CEO Martin Shanahan.
“The company’s investment in a new development centre aligns with IDA’s Strategy to attract engineering development activity to Ireland and to secure investments for regional locations. I wish Microchip every success with this initiative.”
By John Kennedy (firstname.lastname@example.org)
Published: 23 February 2021