Microchip to invest $20m in a new development centre in Ireland

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Microchip Technology has announced that it is investing $20m to create a new development centre based in Cork, Ireland.

The facility will open during the first quarter of this year and will create 60 new jobs over the next three years and approximately 200 jobs within the next seven years.

The centre is intended to reinforce Microchip’s existing presence in Ireland and boost the pool of engineering talent across key skills. Located close to the city centre, the 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.

According to Microchip, the development centre will initially 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)

Close partnerships with Irish universities will enable the Microchip development centre to offer internships and collaborate on key next-generation initiatives, enhancing 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.

The development centre will build on Microchip’s existing presence in Ireland which is a mix of operations in Dublin, Cork and Ennis and will form part of a network of development centres across Europe.

“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.”