Qualcomm Technologies has announced a $127m(€118.7m) expansion of its research and development facility in Cork City. The investment is expected to create more than 150 engineering roles over the next four years.
This project, which is supported by the Irish Government through IDA Ireland will see hardware and software research teams co-locate in the Cork facility expanding its strategic functions at the Penrose Dock facility.
Qualcomm provides advanced semiconductor technology to mobile communications and other industry sectors. Headquartered in San Diego California, it has had a presence in Cork since 2013, where QT Technologies Ireland already employs hundreds of people.
Ajay Bawale, Qualcomm's senior vice president for Engineering said the project will introduce new skills into Ireland and the company is currently recruiting engineers across several areas.
CEO of IDA Ireland, Michael Lohan said the investment increases the strategic functions managed by the leadership team at the Cork facility, significantly enhancing the South West of Ireland’s established tech cluster.
"At the heart of this project is digital transformation, bringing QT Technologies Ireland’s R&D, hardware and software teams together in Cork, and allowing for innovative and exciting new work to be undertaken," Minister for Enterprise Trade & Employment Simon Coveney TD said.