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2,000 new jobs on way in tech firms

JOBS in the microelectronics industry are expected to run into the thousands as new US companies confirm expansion plans in Ireland.

Experts anticipate the creation of up to 2,000 jobs in the sector over the next five years. And there is potential for even more job growth in non-technical support roles.

US company ON Semiconductor intends to pump €13m to expand its design centre in Limerick for research and development. ON Semiconductor is the premier supplier of high-performance silicon solutions for energy efficient electronics and this particular investment is expected to generate 69 new jobs.

The microelectronics industry employs more than 8,000 people in over 50 companies in Ireland. Over 25pc of the roles in the sector are in research and development.

Midas Ireland, which is behind the survey, said that there was a need for an increased focus on the provision of support for start-up companies as well as enhanced integration between industry.

Chairman of MIDAS and director of ON Semiconductor's Design Centre in Limerick, John Blake said that there needed to be enhanced integration between industry and the academic community to ensure that graduates had the skills required.