The new R&D center is described as focusing on the management of electrical and thermal power for processors. It will develop controller and driver ICs for processors in servers, gaming consoles, desktop and laptop computers. At full capacity the Centre will employ 49 people, 28 of whom are already in place, the ministry said in a statement

The ministry did not say how much money is being paid to On Semiconductor in terms of grants or tax relief in return for its decision to expand in Ireland.

Mary Coughlan opened the premises, saying: "This investment is a step-up in product complexity and value for On Semiconductor and is expected to represent a higher level of technical innovation. The choice of Limerick for this investment is a major endorsement of Ireland's ability to successfully implement such technologically advanced R&D projects, and to meet the company's recruitment needs for high calibre R&D semiconductor designers and engineers."