Ireland eyes chips chance with ‘silicon island’ pitch

Ireland has launched a semiconductor strategy, tagging itself ‘silicon island’ as it aims to capitalise on the growth in semiconductors and the way that the global supply chain in chips needs to diversify and spread around the world.

The country already has a strong semiconductor base, with over 130 indigenous and multinational companies, supporting 20,000 jobs and €13.5bn in annual exports.

“But with the right support, I believe we could do far more,” said Peter Burke, Minister for Enterprise, Tourism and Employment.

By 2040, Ireland could support up to 34,500 new semiconductor roles.