In response to the intention of the US government, Intel plans to increase investment in Central America

Chip giant Intel is starting to build a semiconductor supply network in Central America, increasing investment in the region to about $1 billion in three years to 2023, nearly triple its original plan, as the U.S. The government encourages semiconductor production to return to the country through subsidies and other methods, and investment may be further increased in the future.

Intel currently has a packaging and testing facility in Costa Rica. The company announced in December 2020 that it would invest $350 million in the Costa Rica factory. Intel’s local head, Ileana Rojas, said, “A lot of packaging and testing is done manually. If we Doing it in Costa Rica, where labor costs are low, keeps costs down.”

The labor cost advantage in Central America has also attracted more companies. Texas Instruments and Skyworks have already invested in the establishment of semiconductor facilities in Mexico. The Mexican government is also considering providing tax incentives for the investment in the semiconductor industry, hoping to take advantage of the US government's policy to attract supporting packaging and testing links. invest.