US semiconductor company Hittite Microwave Corporation is to create 30 new jobs in Cork as part of a €4m investment. The company will establish two operations in Cork – 19 jobs will be created in an R&D lab while 11 new jobs will be created at the company’s International Operations Centre.
Hittite designs and manufactures high-frequency, analogue and mixed-signal components.
The focus of the IDA-backed investment is to design and develop high-performance components for use in telecoms and sensor systems across a variety of applications.
The international hub will manage non-US business in closer proximity to customers. A global supply chain and finance team will also be located in Cork.
“The announcement that Hittite Microwave is investing €4m in R&D activities here with the creation of 30 jobs is a great vote of confidence in Cork and in Ireland,” the Minister for Jobs, Enterprise and Innovation Richard Bruton, TD, said this morning.
“This is an innovative US semiconductor company deciding that Cork is the place to carry out very significant research activities due to the presence of high-end research institutes and the availability of talent,” Bruton said.
The managing director of the new Cork operation Jason Lynch said the choice of Cork as the location for R&D activities was due to a combination of the availability of world-class engineers to contribute to the execution of the company’s global R&D strategy and the proximity to the semiconductor and integrated circuit design capabilities in Tyndall Institute, University College Cork and Cork Institute of Technology.
“Meanwhile, the new international operations centre will bring us closer to our customers and will have responsibility for growing our international business,” Lynch explained.
“The operation will be the point of all sales to non-US customers of existing and future Hittite Microwave products. I wish to thank the Irish Government and IDA Ireland for their continued support and look forward to our further development in Ireland,” he added.
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