US, Mexico to partner on semiconductor supply chain development
The United States and Mexico will collaborate on exploring semiconductor supply chain opportunities as part of the U.S. CHIPS Act. The partnership aims to reduce reliance on China and Taiwan for technology. The initiative, driven by the Biden administration, highlights the importance of the semiconductor supply chain in manufacturing essential products. Mexico's existing semiconductor industry, regulatory framework, and workforce needs will be assessed.
Source: Link
htmlFAQ: US-Mexico Partnership on Semiconductor Supply Chain Development
Frequently Asked Questions
1. What is the US-Mexico semiconductor supply chain partnership about?
- The partnership between the US and Mexico aims to explore opportunities and enhance cooperation in the semiconductor supply chain. The goal is to create a more resilient, secure, and sustainable global semiconductor value chain. (Source: State Department)
2. When was the US-Mexico semiconductor supply chain partnership announced?
- The partnership was highlighted in news as recently as 7 to 8 hours ago before the search was made. (Source: Reuters, State Department)
3. Why are the US and Mexico focusing on semiconductor supply chains?
- The US and Mexico are prioritizing semiconductor supply chain cooperation due to the strategic importance of semiconductors and the need to secure supply chains amid rising global tech competition, particularly with countries like China. (Source: Milken Institute)
4. What are the anticipated benefits of the US-Mexico semiconductor supply chain partnership?
- The partnership is expected to enhance North American economic competitiveness, support the reinforcement and expansion of semiconductor supply chains, and bolster supply chain resilience for critical sectors. (Source: Commerce.gov)
5. Has any framework been established for the North American semiconductor supply chain co-operation?
- Yes, the United States, Mexico, and Canada have launched the North American Semiconductor Conference and the North American Ministerial Committee on Economic Competitiveness to support the development of a North American semiconductor supply chain. (Source: White House.gov)
6. What steps are being taken to promote supply chain resilience between the US and Mexico?
- Agencies are taking multiple steps such as coordinating a U.S.-Mexico working group to collaborate on semiconductor and information and communications technology (ICT) supply chains. (Source: GAO)
7. How does this partnership align with the broader North American strategic goals?
- The partnership forms part of the North American Leaders' Summit (NALS) commitments, aiming to enhance the resilience of North America's supply chains, particularly for critical minerals and components like semiconductors. (Source: White House.gov)
8. Are there any other international partnerships for semiconductor supply chains involving the US?
- Yes, the United States also views countries like Costa Rica as partners in ensuring that semiconductor supply chains can keep pace with digital transformation. (Source: State Department)