Intel CEO Pat Gelsinger has announced Intel’s plans to become a major provider of foundry capacity in the U.S. and Europe to serve customers globally as part of Intel’s Integrated Device Manufacturing (IDM) 2.0. As part of this, Intel will expand its Irish workforce, adding 1,600 high-tech jobs and more than double the manufacturing space at its Irish operation as part of a global plan to accelerate its chipmaking capabilities.
Martin Shanahan, CEO of IDA Ireland said: “The work undertaken at the (Intel’s) Leixlip campus is highly complex, and this investment will bring Intel’s latest generation of 7 nanometre process technology to Ireland and Europe. While this investment is very important to Ireland, it is also very important in a European context, and will help to deliver on the EU’s vision for digital transformation by 2030…Furthermore, the company has signalled that there will be an opportunity for additional investment as it plans to announce another phase of expansions in locations including Europe in the next year. ”
The General Manager of Intel Ireland and Vice President of the company’s Technology and Manufacturing Group, Eamonn Sinnott, in an editorial on the company’s website, confirmed that since locating its technology campus in Ireland in 1989, Intel has invested $15bn in manufacturing capacity, making it one of the largest and most advanced semiconductor manufacturing operations in Europe. The current expansion, which in time will more than double Intel’s available manufacturing space in Ireland and Europe, has seen an additional $7bn investment between 2019 and 2021.
[*]IDA release: https://www.idaireland.com/newsroom/plans-by-intel-welcomed-by-ida-ireland
[*]Intel release: https://newsroom.intel.com/news-releases/idm-manufacturing-innovation-product-leadership/#gs.wggpzx
Martin Shanahan, CEO of IDA Ireland said: “The work undertaken at the (Intel’s) Leixlip campus is highly complex, and this investment will bring Intel’s latest generation of 7 nanometre process technology to Ireland and Europe. While this investment is very important to Ireland, it is also very important in a European context, and will help to deliver on the EU’s vision for digital transformation by 2030…Furthermore, the company has signalled that there will be an opportunity for additional investment as it plans to announce another phase of expansions in locations including Europe in the next year. ”
The General Manager of Intel Ireland and Vice President of the company’s Technology and Manufacturing Group, Eamonn Sinnott, in an editorial on the company’s website, confirmed that since locating its technology campus in Ireland in 1989, Intel has invested $15bn in manufacturing capacity, making it one of the largest and most advanced semiconductor manufacturing operations in Europe. The current expansion, which in time will more than double Intel’s available manufacturing space in Ireland and Europe, has seen an additional $7bn investment between 2019 and 2021.
[*]IDA release: https://www.idaireland.com/newsroom/plans-by-intel-welcomed-by-ida-ireland
[*]Intel release: https://newsroom.intel.com/news-releases/idm-manufacturing-innovation-product-leadership/#gs.wggpzx