News Formal

Analog’s €630m investment in Limerick shows urgency of global semiconductor crisis

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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, ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Analog’s €630m investment in Limerick shows urgency of global semiconductor crisisThe US multinational is creating 600 new jobs in Limerick in a move that bucks the worldwide trend in big tech
Source: businessposthq - 🏆 8. / 71 Read more »

Analog Devices to create 600 jobs in €630m investmentSemiconductor company to build a new R&D and manufacturing facility in Limerick
Source: businessposthq - 🏆 8. / 71 Read more »

Analog Devices to create 600 jobs in €630m investmentSemiconductor company to build a new R&D and manufacturing facility in Limerick
Source: businessposthq - 🏆 8. / 71 Read more »