"Today, I'm happy to announce one such effort, the Western Hemisphere semiconductor initiative, thanks to funding from the bipartisan Chips Act. This initiative will turbocharge countries’ capacity to assemble, test and package semiconductors, beginning with Mexico, Panama and Costa Rica," Blinken said in his opening remarks at the Americas Partnership for Economic Prosperity ministerial plenary meeting.
The United States will hold a symposium in Mexico in September to identify ways to develop a larger role for the region in the global supply chain for semiconductors, Blinken added.
In March, the US State Department said that the United States and Mexico will collaborate on efforts to diversify the supply chain of semiconductor chips.