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.
Aligned with the European Chips Act and the EU Digital Decade, the strategy follows public consultation with industry, academia, government, and research partners.
Key objectives include: securing major industrial investments, including a leading fabrication facility in a regional location; supporting start-ups and spinouts through access to finance and commercialisation pathways; and strengthening research capacity and promoting Ireland internationally as a semiconductor hub.
Burke added, “From AI to quantum computing and the green transition, semiconductors are at the core of global innovation. This strategy is Ireland’s commitment to helping deliver on the European Chips Act and to becoming a global leader in this vital sector.”
