Feeds

Irish eyes are smiling thanks to Taiwanese investment

Two factories to create 500 much needed jobs

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

Taiwan’s first foray into Ireland will create 500 jobs over the next four years, the Irish government said today. Hon Hai Precision Industry plans to invest over 8 million Irish punts (£6.7 million) to set up two factories in Mullingar, Westmeath, the first investment by a Taiwanese company in the Emerald Isle. The first will be a 4.5 million punt (£3.8 million) facility to make computer enclosures for vendors such as Apple and Dell. It will employ around 350 people, according to Reuters news service. Hon Hai, which will operate as Foxteq Engineering (Ireland), is also due to pump 3.5 million punts (£2.9 million) into the launch of a European design and low volume production centre for electronic components. This centre, making kit such as cable assemblies, connectors and riser cards, is intended to service European customers such as Hewlett Packard, Fujitsu and Nokia. Irish deputy prime minister Mary Harney today applauded the investment in the region. Mullingar was hit by an employment crisis last year after the exit of German company Tarkett Sommer. Taipei-based Hon Hai employs 20,000 staff in 18 manufacturing plants in Taiwan, China, the US and Scotland. It recorded sales of over £0.6 billion and net profit of around £1 million in 1998. ®

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.