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Qualcomm Technologies is to establish a research and development facility in Cork City with an investment of 78 million euros.
The investment is expected to create hundreds of highly skilled engineering positions over the next four years.
The project is supported by the Government through IDA Ireland, which said it will significantly enhance the reputation of the Irish semiconductor industry.
Qualcomm Technologies’ local subsidiary moved into the new 4,600 m2 facility on Penrose Dock in Cork city center in October. It already has an installation in Mahón.
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Ajay Bawale, vice president of engineering for Qualcomm Technologies, said the company was excited about the new workplace at Penrose Dock.
“The offices are not only state-of-the-art, but also feature specially designed laboratories to enable innovative and ongoing validation and security work,” he added.
IDA Ireland CEO Martin Shanahan said Qualcomm’s new R&D center in Cork will operate at the forefront of technological innovation in Ireland.
“It is a fantastic project for Cork and the South West region, and demonstrates IDA Ireland’s proven track record of winning investments for regional locations. This investment also significantly enhances the reputation of the Irish semiconductor industry, adding to the strong position of Ireland in Microelectronics R&D “. added.
The Tánaiste and the Minister for Business Trade and Employment Leo Varadkar said that Ireland is known to be one of the world’s leading research, development and innovation venues.
“This announcement by Qualcomm to invest 78 million euros to establish a new research and development center in Cork is expected to create hundreds of highly qualified positions over the next four years,” said the minister.
“Our skilled and talented workforce enables companies like Qualcomm to integrate and grow their operations here,” he added.
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