About 360 jobs are at risk at NEC Semiconductors Ireland's plant in Ballivor, Co. Meath.
NEC Semiconductors is a subsidiary of NEC Electronics Corporation Japan which started production in Ballivor, in 1976, manufacturing a range of integrated circuits for the electronics industry.
A meeting of staff is scheduled for 4:00pm this afternoon.
In 1980, IDA Ireland supported a joint proposal from NEC and the tobacco company PJ Carroll & Co to to be the principal supplier of telecom equipment for the then modernisation programme of the Irish telephone system, The Government headed by Charles Haughey rejected the proposal in preference for a proposal from the French telecom manufacturer Alcatel and the Irish company Telectron. The latter was later acquired by US telco AT&T and most of its Irish operations were closed.
On Monday, the State agency Forfás reported that in 2004, 71.6 per cent of total exports came from two sectors, pharmachem (chemicals and pharmaceuticals) and ICT/machinery. Pharmachem exports expanded 4.8 per cent in 2004, and have witnessed dramatic growth since 1999, expanding in aggregate by 77.6 per cent.
Machinery, which includes ICT products, continued its decline in 2004 with exports falling by 2.8 per cent. This is in line with the trend in recent years, with the value of exports falling by 12.7 per cent between 1999 and 2004.
The foreign-owned sector accounted for 87.6 per cent of Irish exports in 2004 with the indigenously owned sector accounting for the remainder. The indigenously owned sector is much less export orientated, exporting less than 40 per cent of its output.
Much of the increased output from the indigenous sector over the last decade has been destined for the growing domestic market rather than export markets. However, in terms of their direct expenditure in the Irish economy, the contribution of indigenous exporters is similar to that of foreign-owned exporters. Foreign firms spent €17.8 billion on payroll and Irish goods and services in 2004, while Enterprise Ireland supported indigenous firms spent €16.2 billion.



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