Analog’s €630m investment in Limerick shows urgency of global semiconductor crisis
The US multinational is creating 600 new jobs in Limerick in a move that bucks the worldwide trend in big tech
At a time when tech giants are scaling back their operations and announcing heavy redundancies, Limerick’s tech scene had reason to celebrate today as Analog Devices announced it is increasing its workforce in Ireland by 600 to address the semiconductor shortage.
The scale of the investment - some €630 million - illustrates just how acute that shortage has become. The global supply chain’s dependence on these chips was thrust into the spotlight during the pandemic, ...