The assemblers give the “go ahead” to the Taiwanese capitals
José Zozaya, president of the Mexican Association of the Automotive Industry (AMIA), which groups 22 assemblers installed in the country, points out that, in the last five years, 20 of every 100 dollars invested have been allocated to this sector, one being of the main generators of foreign exchange.
“The assembly companies are integrators of technology from different countries of the world and this is the clearest proof of what we do in the automotive sector, an integration”, he expresses. “Hopefully our friends in Taiwan will deliver more of their auto parts and we will have smoother trade,” he adds.
The ambassador highlighted the interest of Taiwanese companies in investing in the border area with the United States; however, he said that investors are also considering Guanajuato and Aguascalientes to invest their capital. These states are home to assembly plants of General Motors, Honda and Nissan, among others.
The island is well known within the global automotive sector for the Taiwan Semiconductor Manufacturing Company, the largest global semiconductor manufacturer. “Let’s remember that Taiwan is one of the largest suppliers of microprocessors that are so lacking in the market, I hope they are encouraged to set up a plant here,” said Zozaya.
The automotive sector accumulates 18 months of shortage of semiconductors for the assembly of vehicles worldwide. In Mexico, this led to vehicle production falling to 2,979,276 units in 2021, a number that was well below the country’s installed capacity, which is capable of assembling more than five million units a year.
In total, Taiwan has 300 companies of various kinds in Mexico, among which are the manufacturer of servers, connections and other computer components, Inventec, and the electronic products company Foxconn, both located in Ciudad Juárez, Chihuahua.