Mexico may consider southern states for semiconductor production

FILE PHOTO: Mexican Foreign Minister Marcelo Ebrard chats with U.S. Vice President Kamala Harris, U.S. Secretary of State Anthony Blinken and Mexican Economy Minister Tatiana Clouthier before the so-called High-Level Economic Dialogue (HLED) that seek to pursue economic opportunities beyond the trade issues covered in the new North America trade agreement, in Washington, U.S. September 9, 2021. Mexico's Foreign Relations Ministry/Handout via REUTERS

MEXICO CITY (Reuters) - As Mexico aims to boost its manufacturing of semiconductors, it may build production facilities in its southern states, where much-needed water is available, according to Economy Minister Tatiana Clouthier.

At the so-called High-Level Economic Dialogue (HLED) between the United States and Mexico, held in Washington last week for the first time in several years, the neighboring nations agreed to make shared supply chains, especially for semiconductors, more competitive.