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The Independent UK
The Independent UK
National
Via AP news wire

US invites Mexico to join semiconductor production effort

Mexico López Obrador Semiconductor Joe Biden Marcelo Ebrard Antony Blinken Asia electric vehicle North America United States
Copyright 2022 The Associated Press. All rights reserved.

A high-level United States delegation on Monday invited Mexico to participate in a push to shift semiconductor production from Asia to North America and expand production of electric vehicles.

Mexico Foreign Affairs Secretary Marcelo Ebrard said U.S. Secretary of State Antony Blinken spoke to President Andrés Manuel López Obrador about recently passed legislation that would provide $28 billion in incentives for semiconductor production, $10 billion for new manufacturing of chips and $11 billion for research and development.

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