Belfast Tech Firm Expands In Bid to Drive Exports

Jul 31, 2017
Belfast technology firm, Amphion Semiconductor Ltd is to create five new jobs in an investment that will help to support its export ambitions. Pictured (L-R) are Brian Dolaghan, Invest NI, and Stephen Farson, Amphion.

Following a successful management buyout in 2015 and building upon impressive growth in international markets, Invest Northern Ireland is supporting Belfast technology firm Amphion Semiconductor Ltd (Amphion) to create five new jobs in an investment that will extend the company’s capability and assist it to further increase export sales.

Amphion Semiconductor provides video codec technology that enables ultra-high definition video to be decoded and displayed on digital TVs and is also used in set-top boxes, automotive infotainment systems, drones, surveillance and virtual reality applications.  

Brian Dolaghan, Invest NI’s Director of Technology & Services said: "Amphion is a high tech ambitious company operating in Northern Ireland’s key Digital Signal Processing subsector.

The five new roles will enable Amphion to increase its engineering team and will include both graduate level and experienced positions. The assistance offered will also help the company target new export markets particularly in the US, Asia and across Europe.

- Brian Dolaghan, Director of Technology & Services, Invest NI

"The five new roles will enable Amphion to increase its engineering team and will include both graduate level and experienced positions. The assistance offered will also help the company target new export markets particularly in the US, Asia and across Europe. The company is already making progress in Asia having recently appointed Avant Technology as its distributor for the China and Taiwan markets,  following in-market support and advice from Invest NI.

"This investment will help to take this firm to the next level. The jobs being recruited at the business will generate £220,000 annually in additional salaries, which is good news for the Northern Ireland economy."

Invest NI is providing £69,000 of support towards the new jobs which will be in place by March 2018 and a further £31,000 of market development assistance to assist the company’s drive to expand its international reach.

We have ambitious plans to grow the company over the next five years, and increase exports particularly in the Asian market which presents a significant opportunity for our advanced video codec solutions.

- Stephen Farson, CEO, Amphion

Stephen Farson, CEO of Amphion said: “As our customers plan for their next generation products, they look to Amphion to provide the key video codec solutions that ensure they can stay ahead of the market. These new roles will enable us to continue to develop new solutions to stay at the forefront of leading edge technology in our field.

“Our current strategy is working well and we are experiencing steady growth due to strong export opportunities. The advice and support we have received from Invest NI has been invaluable in enabling us to expand our workforce and also attend key international trade events.

“We have ambitious plans to grow the company over the next five years, and increase exports particularly in the Asian market which presents a significant opportunity for our advanced video codec solutions.”

Comments
No comments yet.

Share this Article

Sign up for News

 Enter Code

Latest Features

Deal done on phase one of the UK’s departure from the EU
David Roberts, Invest NI Economist
Dec 12, 2017
Why you should be investing in innovation
Dr Vicky Kell, Director of Innovation, Research & Development
Nov 22, 2017
Opportunities in South East Asia - an overview
Nick Caldwell
Nov 21, 2017
European Alliance for Personalised Medicine Congress
Sam Kinghan
Nov 14, 2017
New solutions designed for high growth start-ups
Helen Smyth, PR & Media Relations
Nov 13, 2017