Semiconductor company Analog Devices Inc, (www.analog.com) is set to close their 6 inch fabrication plant in Limerick. It is expected that the fab operations will cease before the end of 2008.
About the company from their website:
Analog Devices, Inc. (NYSE: ADI) defines innovation and excellence in signal processing. ADI’s analog, mixed-signal, and digital signal processing (DSP) integrated circuits (IC) play a fundamental role in converting, conditioning, and processing real-world phenomena such as light, sound, temperature, motion, and pressure into electrical signals to be used in a wide array of electronic equipment.
Analog employs 1,100 people at the Raheen Business Park in Limerick and 8,800 world wide. A report with the vice president of Analog in Limerick said :”This is a long-term strategic decision for us as we must continuously assess our manufacturing capability to maintain our leadership position in the global semiconductor industry in which we compete,” said Dennis Dempsey, and continued saying. “By focusing this flagship manufacturing facility on the more advanced 8-inch technology, we will be better positioned to provide innovative technology that is optimized to the performance and cost requirements of our customers well into the foreseeable future,“.