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Xilinx employs over 360 people at its research and development facility at Citywest in Dublin. The company's facility here accounted for 40 percent, or over USD663 million of total corporate revenues for the 2001 financial year. Employee numbers have also grown at its Dublin branch from 220 to 360 due to Xilinx acquisition of Integral Design Services.
The company said that although it was a record year in Xilinx with the overall logic industry growing from three percent to 16 percent from 1999, the company found the March quarter 'a difficult one', with the general economic slowdown.
The company announced in February that it is planning to expand its facilities at Citywest, in an IEP41 million development. It is thought that this new expansion will lead to the creation of 500 new jobs.
"The company has achieved major success since it established here six months ago, and we are now well advanced on the next stage of our development at Citywest," Paul McCambridge, managing director and vice president of Xilinx Ireland said.
Its worldwide operating income for the 2001 financial year increased by 54 percent to USD497.1 million and its net income increased by 51 percent to USD382.9 million from USD 254.4 million in the previous year.
Xilinx designs and produces semiconductor chips for electronic systems. The European marketplace currently accounts for 23 percent of its worldwide revenues. In the past 12 months it has invested USD210 million in its research and development sector.
The company employs over 2,600 people worldwide. Customers include Cisco Systems, Lucent Technologies, Ericsson, 3COM, Nortel and Sun Microsystems.
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