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Intel, ADI back Tyndall calls for Irish semiconductor strategy

Intel, ADI back Tyndall calls for Irish semiconductor strategy

Business news |
By Nick Flaherty



Ireland’s flagship research institute in ICT hardware and systems is calling for action to benefit from the EU Chips Act.

In a new position paper, the Tyndall National Institute is calling on the Irish government to prioritise a National Chips Strategy for Ireland, with an ambitious target of more than doubling the size of the semiconductor industry in Ireland by 2030. This comes as the government announced a large budget surplus, largely from the corporation tax paid by international tech companies such as Apple, Google, Meta and Intel.

This follows a belated semiconductor strategy in the UK, with an advisory board announced last week after long delays. Tyndall also works with Silicon Catalyst which is part of the UK strategy.

This also comes as TSMC announced its €10bn fab, ESMC, in Dresden, that will be subsidised by the EU and German governments as well as investors NXP, Bosch and Infineon.

Ireland has a longstanding thriving semiconductor cluster that directly employs 20,000 people and will generate an estimated revenue of €15.5bn in 2023. Tyndall is a key actor in European semiconductor research and innovation and can play a pivotal role through its network of global partnerships and depth of experience.

“The paper directly calls for a Chips Strategy for Ireland and its realisation including important steps in relation to skills and talent development,” said Professor William Scanlon, CEO of Tyndall (above). “The publication of the paper provides the focus and intervention needed to make the most of the short window of opportunity for both private and public organisations to work together and to properly position Ireland in the global semiconductor market.”

The positioning is supported by large semiconductor players Intel and Analog Devices.

“The global semiconductor industry has never been more important and is poised to reach revenues of one trillion dollars by the end of this decade,” said Patrick Gelsinger, CEO of Intel in support of the paper.

“Intel’s plans in Europe build on our investment in Ireland of over €30 billion since 1989, and we are looking forward to seeing these strategic investments contribute to an end-to-end semiconductor manufacturing value chain across the region. The launch of the Chips Acts in the US and EU underpins this growth. It also presents an important opportunity for Ireland to further build its ecosystem and participate in the future evolution of the semiconductor industry.”

ADI is already tapping the CHIPS act for a $630m investment in a new fab in Limerick.

“Semiconductor technology is the bedrock of important applications in medicine, energy, communications, and automation,” said Vincent Roche, CEO and Chair of Analog Devices.

“Essentially, the strides that we need to make in improving the health and welfare of humans and the planet will rely on continued advances in this critical foundational domain. It is expected that the semiconductor industry will double in size over the next decade to $1 trillion, and the US and EU Chips Acts are an essential step in this growth. ADI’s recent investment of €630 Million in a next-generation semiconductor R&D and manufacturing facility in Limerick is our latest commitment to strengthening the future of innovation in Ireland,” he said.

“Ireland is well positioned to exploit the opportunities in the European and global semiconductor ecosystem thanks to its strong ICT industrial base and R&D excellence in the sector,” said Dr Giorgos Fagas, Head of CMOS++ and EU Programmes at Tyndall. “However, to maintain and strengthen Ireland’s position usual in the current volatile environment requires coherent action in building the capacity to innovate, preparing skilful talent and securing new investments in the sector. This cannot be business as usual.”

www.tyndall.ie

 

 

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