1. Mexico's stock market struggled in 2024, with the iShares MSCI Mexico ETF dropping more than 25%; 2. Historical parallels suggest Mexican stocks may rebound following President-elect Trump's inauguration, similar to their recovery in 2017; 3. Mexico benefits from reshoring trends, with increased foreign direct investment in manufacturing, logistics, and technology services.
Recent #Mexico news in the semiconductor industry
➀ FIFA confirmed that Saudi Arabia will host the 2034 World Cup and Spain, Portugal, and Morocco will host the 2030 World Cup. ➁ The 2030 World Cup will mark the centenary anniversary of the first World Cup and will feature a ceremony in Montevideo and opening matches in Uruguay, Argentina, and Paraguay. ➂ It will be the first time the World Cup has been held in six countries and on three continents.
➀ Over half of employed U.S. adults expect to receive a Christmas bonus this year; ➁ The likelihood is even higher in Mexico and Brazil, with 65 percent and 85 percent, respectively; ➂ The high share in Mexico is likely linked to the mandatory 'aguinaldo'; ➃ Christmas bonuses are less customary in the UK and France.
➀ A local promotional unit in Juarez, Mexico, is offering 1 million square meters of industrial land for free, with background checks and notarization available; ➁ The land is guaranteed to have three connections and one flat, with assistance in solving issues like water, electricity, gas, environmental assessment, and infrastructure; ➂ The promotion targets manufacturing companies with scale and delivery capabilities, and those able to drive several partners in the supply chain to the area; ➃ Juarez, a significant city in northern Mexico, is strategically located near the US border and has a strong talent pool; ➄ The region is experiencing a new wave of industrial development, attracting major companies like TCL, CommScope, and others.
➀ The plant requires an area of 6000-8000 square meters, with a standard steel structure, a height of no less than 8 meters, and preferably a steel floor and epoxy resin flooring. ➁ The plant should include a material/component warehouse, which can be in the form of shelves and fences. ➂ The plant must be fully compliant and suitable for long-term stable use. ➃ The plant is divided into two spans, each with a 10-ton overhead crane. ➄ Deionized water production equipment is required, and liquid cooling equipment must not use tap water for debugging. ➅ Standard industrial three-phase electricity is needed, with a single machine position requiring a 125A or higher distribution box and corresponding cables, and a total of four test positions. ➆ Large ceiling fans are needed within the site to ensure a good working environment for workers in summer. ➇ Regular industrial compressed gas must be provided. ➈ The surrounding area should have a range of outsourced resources such as argon arc welding, pickling and passivation, sheet metal spraying, wire harness making, and complete machine wiring.