It will bring the company’s total number of employees on Leeside to over 1,000
The investment will see 300 new jobs added to its Cork workforce(Image: Jerry Buttimer TD)
A massive boost in capital from tech company Qualcomm will see 300 new jobs created in their Cork offices in the coming years after the global giant announced it’s putting an additional €125m into its Leeside operations.
The major announcement will see its workforce here in Cork surpass 1,000 employees just a decade after the multinational hired its first engineer here.
Qualcomm’s office is one of the sleek new buildings on the rapidly developing Penrose Quay – making it one of many companies showing confidence in the city‘s workforce and economy.
The San Diego-based business develops technology for 5G and emerging 6G networks, as well as new advanced AI systems and low-power computing. It’s also one of the largest producers of fabless semiconductors in the world.
Qualcomm says the new investment is part of a plan to turn its Cork site into a “a strategic AI pillar” over the next three years.
Minister of State and Cork TD Jerry Buttimer said: “Today’s announcement by Qualcomm is a powerful endorsement of Ireland’s ambition to lead globally in advanced research, next‑generation computing and AI. This €125 million investment further strengthens Ireland’s position as a hub of deep‑tech innovation, creating hundreds of high value jobs.
“This announcement is also a signal of support for Silicon Island: Ireland’s National Semiconductor Strategy, which aims to make Ireland a world leader in semiconductors through securing long‑term investments, developing a robust talent pipeline and seizing opportunities in technologies of the future such as AI.
“Cork is the place to be for investment, jobs and growth, and Qualcomm are a leading example of a Cork success story.”