Foxconn, a Taiwanese company dedicated to the manufacture of semiconductors, has its sights set on Mexico to install a new production plant for electric vehicles.

In an interview Manuel Pérez, head of the Office of the President of the Confederation of Industrial Chambers of the United Mexican States (Concamin), announced the news.

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Jalisco or Chihuahua, entities in which it already has installed plants, are evaluated to expand its operations.

Mexico - he revealed - is fighting for this investment with the United States, and speculative investment could reach 2 billion dollars.

The private company hopes that the government will give clear signals of interest to move forward together.

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He highlighted that Taiwan has at least 300 companies operating in Mexico with a production value of 1.1 billion dollars per year.

Foxconn has factories in Asia, Europe and America. Together they assemble around 40% of all consumer electronics products produced in the world.

In Solili you can consult the National Industrial Report to July 2021

Original note