Foxconn Announces the World’s Largest ‘Superchip’ Factory in Latin America

Mexico is becoming a reference point for business, as Taiwan’s Foxconn, the world’s largest supplier of technology products, recently announced plans to build the largest factory in the world in the country. The facility will be constructed in the state of Jalisco on a 421,600 square meter plot acquired in 2023, costing MXN 450 million pesos (approximately USD 23 million). The space will be dedicated to the production of Nvidia’s GB200 superchips.

Currently, Foxconn occupies over 482,000 square meters of gross leasable area (GLA) in Mexico, with a presence in key markets such as Ciudad Juárez, Guadalajara, and Tijuana, according to data from SiiLA. Alejandro Delgado, Country Manager for Mexico at SiiLA, stated that in recent years, Foxconn has become one of the fastest-growing tenants in Mexico’s electronic manufacturing sector, solidifying its role as a key player in the country.

“Since 2021, Foxconn has doubled its presence in Mexico. The recent announcement of new investment in Guadalajara highlights the growth of the microchip and electronic components manufacturing industry, further strengthening its influence in the Mexican economy,” the executive commented.

In recent years, several Asian companies have started occupying logistics and corporate spaces in Mexico, aiming to produce and serve the American market, as well as the Latin American market, in a movement known as Nearshoring.

• Read more: The Rise of Nearshoring: Transformations in Supply Chains Post-COVID-19

The industrial real estate region of Guadalajara has established itself as a strategic hub for the electronics industry, accounting for 11% of the GLA in the sector nationwide. The construction of the new factory in Jalisco reinforces the region’s position as a technology center and consolidates Mexico as an intermediary in the global advanced technology supply chain. Experts expect that with Foxconn’s arrival, other companies will also seek space in the region.