In a bid to become a leader in semiconductors, the Irish Government has unveiled a national strategy aimed at attracting large investments, creating thousands of high-value jobs and accelerating development of cutting-edge technologies.
The strategy was launched by Minister for Enterprise, Tourism and Employment Peter Burke, TD, who said that the country is “turning to chips as the next big opportunity”.
The strategy, called ‘Silicon Island’, is a part of the Programme for Government, and is aligned with the European Chips Act and the EU Digital Decade.
As a part of the strategy, the Government will aim to secure industrial investments, including for a regional edge fabrication facility, two trailing-edge foundries and an advanced packaging facility.
According to the Business Post, Ireland is planning to lure semiconductor giants such as Samsung and TSMC with an offer that includes billions in subsidies.
Ireland will also develop large-scale manufacturing sites with the necessary infrastructure, enhance R&D capacity and support businesses working in the semiconductor industry with commercialisation support and access to finance.
Moreover, the Government’s efforts to develop Irish leadership in semiconductors will be tied together with a skills study aimed at developing talent pipelines, as well as strengthened promotional activities to boost Ireland’s position as an industrial leader.
“Ireland already has a strong semiconductor base, with over 130 indigenous and multinational companies, 20,000 jobs and €13.5bn in annual exports,” said Burke.
“But with the right support, I believe we could do far more. By 2040, Ireland could support up to 34,500 new semiconductor roles.
“We have already earmarked over €70m in national and EU funding for Tyndall’s participation in three EU pilot lines.
“While we are in a position of strength, we must go further. This strategy aims to put Ireland firmly at the forefront of the global semiconductor industry and marks the start of a journey towards Ireland and Irish companies becoming world leaders in this this vital technology.”
Prof William Scanlon, the CEO of Tyndall National Institute, welcomes the announcement. “As the national institute for semiconductors, Tyndall is proud to play our part in the delivery of the strategy through collaborative research and innovation and the development of talent and skills.”
Silicon Island’s deliverables will be guided by an advisory council on the semiconductor sector, consisting of key stakeholders from industry, academia and enterprise agencies.
Suhasini Srinivasaragavan
This article originally appeared on www.siliconrepublic.com and can be found here
The strategy was launched by Minister for Enterprise, Tourism and Employment Peter Burke, TD, who said that the country is “turning to chips as the next big opportunity”.
The strategy, called ‘Silicon Island’, is a part of the Programme for Government, and is aligned with the European Chips Act and the EU Digital Decade.
As a part of the strategy, the Government will aim to secure industrial investments, including for a regional edge fabrication facility, two trailing-edge foundries and an advanced packaging facility.
According to the Business Post, Ireland is planning to lure semiconductor giants such as Samsung and TSMC with an offer that includes billions in subsidies.
Ireland will also develop large-scale manufacturing sites with the necessary infrastructure, enhance R&D capacity and support businesses working in the semiconductor industry with commercialisation support and access to finance.
Moreover, the Government’s efforts to develop Irish leadership in semiconductors will be tied together with a skills study aimed at developing talent pipelines, as well as strengthened promotional activities to boost Ireland’s position as an industrial leader.
“Ireland already has a strong semiconductor base, with over 130 indigenous and multinational companies, 20,000 jobs and €13.5bn in annual exports,” said Burke.
“But with the right support, I believe we could do far more. By 2040, Ireland could support up to 34,500 new semiconductor roles.
“We have already earmarked over €70m in national and EU funding for Tyndall’s participation in three EU pilot lines.
“While we are in a position of strength, we must go further. This strategy aims to put Ireland firmly at the forefront of the global semiconductor industry and marks the start of a journey towards Ireland and Irish companies becoming world leaders in this this vital technology.”
Prof William Scanlon, the CEO of Tyndall National Institute, welcomes the announcement. “As the national institute for semiconductors, Tyndall is proud to play our part in the delivery of the strategy through collaborative research and innovation and the development of talent and skills.”
Silicon Island’s deliverables will be guided by an advisory council on the semiconductor sector, consisting of key stakeholders from industry, academia and enterprise agencies.
Suhasini Srinivasaragavan
This article originally appeared on www.siliconrepublic.com and can be found here