Intel to create 1,600 Irish jobs under global expansion plan
Mar 24, 2021
Intel will create 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 and revive the company’s fortunes.
Intel Ireland general manager Eamonn Sinnott said on Tuesday night that there would be “additional opportunity for investment” when the chipmaker announces the next wave of expansions to support a new “foundry” business that will make chips for other companies.
Details of this next phase are due “within the year”.
The semiconductor giant is investing $7 billion in the Irish business over the three years to the end of 2021 as it expands its base in Leixlip, Co Kildare, in a major project it said was creating a further 5,000 construction jobs.
Intel is expected to ramp up its hiring in the coming years, with the expansion process, already underway, likely to take up to two-and-a-half years from now to complete.
“We are accelerating investment in Europe and supporting the EU’s ambition of having 20 per cent of the world’s cutting-edge chips manufactured locally,” said Mr Sinnott.
“This investment is designed to bring Intel’s latest generation 7nm process technology to the region and expand our manufacturing operations. It will also drive economic growth in the region,” he wrote in a post published online.
Planning documents indicating the likely scale of the job creation now confirmed by Intel were submitted in early 2019 and Intel subsequently received approval to extend its facility from An Bord Pleanála. A legal challenge was then brought by a local landowner, however, and a full court hearing of this case is not expected until later this year.
Chipmaker investing $7bn in Irish business over three years to end of 2021. This investment is designed to bring Intel’s latest generation 7nm process technology to the region and expand their manufacturing operations. It will also drive economic growth in the region.