Analog Devices has announced a new EUR630 million (US$678.4 million) investment at its European regional headquarters in Limerick, Ireland. The funds will be used to build a new 45,000-square-foot R&D and manufacturing facility.
The new facility will support ADI's development of next-generation signal processing innovations designed to accelerate the digital transformation of the Industrial, Automotive, Healthcare, and other industries, the company said. It is expected to triple ADI's European wafer production capacity and aligns with the company's goal of doubling its internal manufacturing capacity to enhance the resiliency of its global supply chain and better serve customer needs.
The announcement comes a year after ADI announced a separate EUR00 million investment in ADI Catalyst, a 100,000-square-foot custom-built facility for innovation and collaboration on its Limerick site. Ireland is also home to ADI's major European R&D center, which has generated over 1,000 patents since its foundation and has seeded ADI R&D sites in Spain, Italy, the UK, Romania and Germany.
"Since 1976, Ireland has been a critical innovation center for ADI, thanks to its strong academic and research organizations, business ecosystem, and progressive government leadership," said ADI CEO and chair Vincent Roche. "This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick's global influence. Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world's greatest challenges and enable a more efficient, safer, and sustainable future."
The new investment will support cross-border collaborative research as part of the European Union's Important Projects of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME/CT) initiative. ADI's IPCEI application, Ireland's first since the initiative's establishment, is subject to final approval from the European Commission and is backed by the Irish Government through IDA Ireland.
