Semiconductor giant boosts R&D effort
Analog Devices has announced a €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick, Ireland.
According to the company, the investment will enable the construction of a “new, state-of-the-art, 45,000 square-foot research and development/manufacturing facility.” This will support Analogue Devices' development of next-generation signal processing, designed to “accelerate the digital transformation of industrial, automotive, healthcare, and other sectors.”
Discussing the move, the company’s CEO and chair, Vincent Roche, said: “This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence.
“Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world’s greatest challenges and enable a more efficient, safer, and sustainable future.”
The new investment is planned as part of a collaboration within the European Union’s Important Projects of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME/CT) initiative. It will support cross-border collaborative research.
Analog Devices describes itself as a global semiconductor leader which "bridges the physical and digital worlds to enable breakthroughs at the ‘intelligent edge’."
Register now to continue reading
Thank you for visiting Land Mobile, register now for free and unlimited access to our industry-leading content.
What's included:
-
Unlimited access to all Land Mobile content
-
New content and e-bulletins delivered straight to your inbox