Three Semiconductor Manufacturing Companies to Open in Jalisco and Mexicali for Automotive Industry

SOURCE: Forbes

Alberto Bustamante, general director of the National Auto Parts Industry (INA), revealed that three technology companies will be installed in Jalisco and Mexicali, Baja California, to manufacture and reprogram the chips used in the manufacture of automobiles worldwide.

“In our country there are going to be three companies, which are going to dedicate themselves to making these production processes, we are practically talking about that they are installed in Jalisco and Mexicali,” said the business leader.

Approximately 200,000 units have been affected by the lack of semiconductors, he said during the presentation of the International Technology and Manufacturing Fair (FITMA), which will take place from June 20 to 22, 2023 at the Citibanamex Center in the city. from Mexico.

The FIMAT will have an influx of 10,000 visitors, who will learn about the new technologies used in the post-pandemic industry (although the world authorities have not declared its end), as well as small and medium-sized companies (SMEs) will see the tools required to meet the new needs of companies that require their products for washing machines, household appliances.

“This does not mean that they stopped manufacturing vehicles, but that they finished manufacturing and have not left the yards of the automakers, because they are waiting for these semiconductors,” said the representative of the business organization.

The companies will be in charge of manufacturing and reprogramming chips in Mexico, commented the representative of the National Auto Parts Industry.

“We are getting closer as we say: we already see the light at the end of the tunnel and we hope that the issue of semiconductors will be normalized within the first half of the following year,” said Alberto Bustamante.

The impact will lessen for the Mexican automotive industry with the start-up of the two semiconductor plants in the United States, which will begin in January of next year, he said.

Nearshoring to Mexico mainly benefits the auto parts sector, which will capture 40 percent of the inflow of capital into the national territory and greater participation in new business needs for plastics, light minerals, molds, among others.

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