Participants in the US-led Americas Partnership for Economic Prosperity have agreed on a new initiative aimed at boosting semiconductor production in the region.
The Western Hemisphere Semiconductor Initiative will “turbocharge” countries’ capacity to assemble, to test and to package semiconductors, beginning with Mexico, Panama and Costa Rica,” Secretary of State Antony Blinken said at a meeting of APEP foreign ministers that concluded yesterday.
The United States will hold a symposium in Mexico this September to identify ways that the region can play a larger role in the global supply chain for semiconductors.
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