US and Mexico to partner on semiconductor supply chains

  • US will work with Mexico to explore semiconductor supply chain opportunities to reduce technology dependence on China and Taiwan.
  • The partnership will take place as part of the U.S. Chip Act, which will be enacted in 2022.
  • The partnership will first assess Mexico’s existing semiconductor industry, regulatory framework and workforce needs.

Cooperation of the Americas

The United States will work with Mexico to explore semiconductor supply chain opportunities, the State Department said on Thursday, as the Biden administration pushes to reduce reliance on technology from China and Taiwan. The collaboration will take place as part of the American Chip Act, a 2022 law that establishes a $500 million fund to grow the semiconductor supply chain through initiatives with Allies and partners.

Also read: New fibre routes connect Dallas to Mexico

Also read: AWS to invest $5 billion in cloud computing in Mexico

Consideration before working together

In a statement, the department said: “The manufacturing of essential products, from automobiles to medical devices, relies on the strength and resilience of the semiconductor supply chain.

The partnership will first assess Mexico’s existing semiconductor industry, regulatory framework and labor needs, the ministry added. There was no clear response from Mexico.

Tuna-Tu

Tuna Tu

Tuna Tu, an intern reporter at BTW media dedicated in artificial intelligence and media. She graduated from The Communication University of Zhejiang and now works in Hangzhou. Send tips to t.tu@btw.media.

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