Ireland is a major electronics provider in western Europe. Many well known companies have claims in Ireland, "International electronics companies such as Intel, Analog Devices, Dell, IBM, and Cisco have located major manufacturing, R&D, and Fab facilities in Ireland" (enterprise-ireland.com). The major equipment that the electronic industry in Ireland provides is mostly semi conductor components and data processing materials. This have given many companies a monopoly over Europe since most of the companies are known around the world for this equipment, so placing it the industry in Ireland gives the companies much advantage to waterway exporting.
The key to Ireland's success in the electronics industry is its investments in smaller electronics firms, which bring in over hundred million Euro annually. This is only as well prosperous because "Indigenous sectors is dominated by exporters providing leading-edge technology products in a global niche" (enterprise-ireland.com). All this had made Ireland known more for technology and less for the blarney stone atop the caste.
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I did not know Ireland had claims on all those companies, especially Dell since I have one of their laptops! Wow, to see that over 100 million Euro is made in a year is impressive. I guess their investments in those smaller electronics firms really are the key to sucess!
ReplyDeleteWow is amazing to know about Ireland's success in the electronic business. I guess they have been taking advantage of the fact that they have that many manufacturing facilities in the country. A 100 million Euros a year is a lot of money which i think is great for such a small country like Ireland. Good post.
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