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Home > News > Pre-tax profits at Intel Shannon up 18pc to $4.2m

December 31st, 2010

Pre-tax profits at Intel Shannon up 18pc to $4.2m

Abstract:
Pre-tax profits at the Shannon-based R&D arm of chip giant, Intel, last year increased by 18pc to $4.2m (€3.1m).

Last year, Intel Shannon Ltd announced a €50m investment at its research plant involving the creation of 134 jobs developing "the most advanced silicon technology on the planet".

The investment in the development of Intel's nanotechnology will bring to 300 the number employed at the firm's 'Irish Design Centre' in Shannon before the end of 2012.

Source:
independent.ie

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