The Trading Room

Strengthening the Semiconductor Supply Chain in Mexico

As a result of the September 2021 Washington work tour, on 20 April 2022, Tatiana Clouthier, head of the Ministry of Economy, and Santiago Cardona, general director of Intel Mexico, signed a collaboration agreement to strengthen the semiconductor supply chain in Mexico. 

With this agreement, collaboration will be sought for the transfer of innovation resources and the long-term training of Mexican talent specialized in technological matters.

This will be done based on three pillars:

  • Development of highly specialized local talent. 
  • Increasing the competitiveness of Mexican companies through technology transfer and best practices.
  • Promotion of Intel’s global programs.

Intel's role

Currently, Intel Mexico, through the Guadalajara Design Centre, plays a fundamental role in the global semiconductor chain by carrying out two of the five steps necessary to produce a semiconductor: design and validation of the correct functioning of various components and platforms. 

The future of Semiconductors

The project is especially relevant considering the disruption in supply chains caused by the Covid-19 pandemic, the growing global demand for semiconductors for both the automotive and technology industries, and the lack of supply. 

However, at VTZ, we believe that this agreement is not aimed at solving the semiconductor supply problem, as Intel’s intention in the short term is not to focus on the manufacturing of the good, but rather on the development of talent and technology. 

Progress review of the Mexico-United States High-Level Economic Dialogue

On 18 April, the co-chairs of the High-Level Economic Dialogue (HLED) met virtually to conduct a mid-term review of the progress achieved by this mechanism in each of its 4 pillars: rebuilding together; promoting sustainable economic and social development in southern Mexico and Central America; securing the tools for future prosperity; and investing in our people. 


Roberto Velazco, head of the North American Unit of the Ministry of Foreign Affairs (SRE) highlights: 

  • Pillar 1: focus efforts on semiconductor companies interested in relocating to North America. – link to past news There is no news in English.
  • Pillar 2: Synergy to create opportunities in Central America (Sowing Opportunities).
  • Pillar 3: Building a secure cyberspace through the exchange of good practices.
  • Pillar 4: Inclusive workforce development through an inclusive scholarship system.
The two sides will meet again at the ministerial level in autumn 2022.

Constitutional Energy Amendment and Mining Law amendment - Implications for the United States

On 17 April, the Chamber of Deputies voted on the constitutional amendment initiative in electricity matters, which was rejected because it did not gather the required number of votes. In response to this situation, President Andrés Manuel López Obrador submitted a reform initiative to the Mining Law that seeks to prohibit the participation of private companies in the “exploitation” of lithium.

As a result, VTZ prepared an analysis about this constitutional and legal developments as well as their implications on Mexico and the United States.

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