The investment is expected to triple ADI’s European wafer production capacity and aligns with the company’s goal of doubling its internal manufacturing capacity.
This investment is expected to add 600 jobs to ADI’s current Irish headcount of 1,500 and European headcount of 3,100.
Last year ADI invested €100 million in ADI Catalyst, its 100,000 sq-ft custom-built facility for innovation and collaboration at its Limerick campus.
Ireland is also home to ADI’s main European Research and Development Center, which has generated more than 1,000 patents since its inception and has seeded ADI R&D sites throughout Europe in Spain, Italy, UK, Romania, and Germany.
“This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence,” says ADI CEO Vincent Roche.
The investment is part of an EU Important Projects of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME/CT) initiative, and will support cross-border collaborative research.
ADI’s IPCEI application – Ireland’s first since the inception of the IPCEI initiative – is subject to final approval from the EC, and is supported by the Irish Government through IDA Ireland.
“It means a significant expansion in the size and scale of ADI’s research, innovation, and development,” says Taoiseach Leo Varadkar.
