US unveils Americas-wide plan to boost semiconductor production

WASHINGTON: Secretary of State Antony Blinken unveiled Wednesday a new plan for countries in the Americas to boost production of semiconductors, which are critical just about everywhere in modern industry and a sector dominated by China.

“This initiative will turbocharge countries’ capacity to assemble, to test and to package semiconductors, beginning with Mexico, Panama and Costa Rica,” Blinken said as he opened a meeting with counterparts from 11 countries of Latin America.