In addition to Taiwan’s Foxconn, four multinational companies will invest in the construction of semiconductor (chip) factories in the Guadalajara Metropolitan Zone, a region known as Mexico’s Silicon Valley, revealed Antonio Lancaster-Jones Gonzalez, coordinator of Industriales de Jalisco.
“In this sector, we are waiting for five new investments, (among them Foxconn, which will be announced and we will announce the first stage of US$900 million in the next week”, said
the businessman in the framework of the Annual Meeting of Industrialists (RAI), Industry as an engine of prosperity and welfare.
The executive explained that the US$900 million investment will come from Taiwan’s Foxconn and another company whose name he cannot yet disclose.
The investment by Foxconn and another company will generate more than 11,000 direct jobs next year alone, he said.
“The rest of the multinational companies will invest billions of dollars in the next five years because they are not one-time investments,” said the business representative.
Currently, 70 percent of the semiconductor production is made in Jalisco and today we have just received the good news of the new Foxconn investment that is coming to the state and we take it well.
On October 30, the industrialists will go with Enrique Alfaro, Governor of Jalisco, on a tour to Silicon Valley to see all the details of the semiconductor industry, added Antonio Lancaster-Jones Gonzalez.
“Strong investments in the semiconductor industry are coming for Jalisco, one of the entities with a high presence of this type of company,” he said.
In May, the governor of Jalisco, Enrique Alfaro Ramírez assured that the semiconductor industry is a reality in the state, when in other entities they are opportunities for the future.
“When some states are focused on a dispute over specific issues, we understand and identify an enormous opportunity in the semiconductor sector, and since we have such a consolidated ecosystem here, with 70% of Mexico’s semiconductor companies based in Jalisco, we believe there is an enormous opportunity,” he said at the time.
“Today there is interest from U.S. and Taiwanese firms in the semiconductor industry to invest in the entity, because of the location, experience, labor force, and more unique attractions in the state,” he said during a meeting with businessmen from the National Council of the Maquiladora and Manufacturing Export Industry (Index).
In early October 2024, Foxconn reported that it is building the world’s largest plant in Mexico to assemble Nvidia’s GB200 Superchips, a key component of the U.S. firm’s next-generation Blackwell family computing platform.
Source: El Financiero
