Electronics

2 South Korean companies to invest US$20 million in Nuevo Leon
PESQUERIA – Ciesa Asia Pacific Park, located in the municipality of Pesquería, announced the arrival of two new South Korean corporations: LogisAll and Shinhan. The plans of these companies are to start operations in the first quarter of 2020 and both of them forecast an investment worth US$20 m...
A new Wind Farm opens in Tamaulipas
REYNOSA – The governor of Tamaulipas, Francisco García Cabeza de Vaca, the undersecretary of Energy of the Government of Mexico, Miguel Ángel Maciel Torres and Paolo Romanacci, general director for Mexico and Central America of ENEL Green Power, inaugurated in Reynosa the "Salitrillos" Wind Farm...
Acciona’s Mexican photovoltaic plant will be 50% bigger than originally planned
The Puerto Libertad photovoltaic plant in the State of Sonora, Mexico, will see its capacity increased by 50% to 339 MWp (270 MW rated capacity) following the signature of a private purchase agreement between Acciona Energia and Tuto Energy. Both companies are involved in the joint venture that owns...
Actinver launches first investment fund for Artificial Intelligence projects in Mexico
Actinver, a financial services company headquartered in Mexico, launched the first investment funds what will be dedicated to technology in the country, part of which will be for Artificial Intelligence (AI) and the other for investing in companies with disruptive technologies. In this regard, the ...
Agricultural sanitation boosts bovine meat’s exports in Nuevo Leon
MONTERREY – The compliance with sanitary standards allows Nuevo Leon to export 65,000 tons of beef per year, worth US$7.5 billion, stated Rafael Hernandez Benitez, general coordinator of Seguridad Sanitaria de la Secretaría de Desarrollo Agropecuario estatal. In addition, he stated that complian...
Air and cargo taxi line was inaugurated in Tamaulipas
NUEVO LAREDO – The mayor of Nuevo Laredo, Enrique Rivas, inaugurated the line of aerial taxi and cargo of the company Transportes Unión, which will aim to cover the demand of the customs, maquiladora and tourism industry. Enrique Rivas reiterated the commitment to provide facilities for new inve...
Amports reopens its Altamira Port’s railyard
ALTAMIRA — After a little more than 20 years operating in the port of Altamira, the company of American origin, Amports, reopened its maneuvering yard dedicated to cars’ movement. The company entered operations in Altamira in 1997 with the Grupo Centurión company and, from that moment, began t...
An US$ 80 million investment arrives in Tamaulipas
REYNOSA – By the next six months, two new maquiladoras will begin operations in the city of Reynosa, while one more will carry out an expansion project, thus promoting the economic development of the northern zone of the entity, revealed Carlos García, minister of Economic Development of Tamauli...
Aptiv third-quarter net income down 25% despite revenue hike of 20% in North America
Aptiv PLC reported third quarter 2018 net income from continuing operations of US$ 222 million, 25.2% down from earnings of US$ 297 in the same period of 2017.  Total quarterly revenue was of US$ 3.5 billion, up 11%. Revenue increased 20% in North America, 9% in Asia and 4% in Europe, partially of...
Aptiv, formerly Delphi, celebrates 40 years of manufacturing in Mexico
The first manufacturing site of Delphi in Mexico, now Aptiv, is kicking off its 40th anniversary celebration. "This manufacturing site is pioneer for our Mexico operations," said Alejandro Quiroz, vice president of operations Aptiv Mexico. "This anniversary gives us a stand point to start our new c...
Aptiv, formerly Delphi, completes 5,000 self-driving rides in Las Vegas
Automotive technology company Aptiv, formerly known as Delphi, revealed that a fleet of 30 self-driving cars deployed in Las Vegas, in a partnership with on-demand transportation company Lyft, has completed 5,000 paid rides since these vehicles were offered to the public last May. “Hitting 5,000 ...
Aptiv, formerly Delphi, distances itself from fatal crash involving Uber self-driving car
Aptiv Plc, which was spun off from parent company Delphi last year, revealed that Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week. Such devices were developed by the UK-based auto supplier in partnershi...
Asian investments keep coming to Mexico
MONTERREY — Asian companies are showing interest in investing in Nuevo León since they need to produce inputs in Mexico to comply with the percentage of regional content indicated by the United States-Mexico-Canada Agreement (USMCA), said Roberto Russildi Montellano, minister of Economy and State...
Asian manufacturers shift production work to Mexico amid trade war between US, China
Asian manufacturers are shifting production work from China to Mexico and other countries as the trade war between the United States and China undercuts competitiveness of the latter, according to a report by the Nikkei Asian Review (subscription required). Two of the companies cited in the report ...
Austin-based Cypress Industries acquires plant in Matamoros, Tamaulipas
Austin-based global contract manufacturer Cypress Industries announced it has acquired Concurrent Manufacturing Solutions, located in Matamoros, Tamaulipas, Mexico, adding 135 employees and 100,000 square foot facility to offer a greater range of manufacturing solutions to customers across the globe...
Auto supplier Continental to show its biometric solutions at CES 2017
Germany-based automotive supplier Continental will demonstrate its new line of biometric solutions at the Consumer Electronics Show (CES) 2017 in Las Vegas.  “Through the combination of the keyless entry and start system PASE (Passive Start and Entry) and biometric elements, the international te...
Autoliv, Seeing Machines join efforts to develop driver monitoring systems
Sweden-based Autoliv Inc., a manufacturer of automotive safety systems, announced a deal with Seeing Machines, a leader in computer vision based human sensing technologies, to develop next generation driver monitoring systems (DMS) for autonomous vehicles. According to the National Highway Traffic ...
Automation creates jobs in Mexico, but it also reduces wages, new study suggests
Automation in the manufacturing sector is more likely to create new jobs in Mexico than increase unemployment, however, the trend will lead to a decline in wages even when other countries have experienced the opposite effect, according to a new report by the United Nations Conference on Trade and De...
Automotive Lighting to move exhaust component production to Mexico
Automotive Lighting LLC plans to invest US$ 35 million for a new production facility in Michigan in a project that it says will create 362 jobs over five years, state authorities announced. The Michigan Strategic Fund approved a grant of US$ 2 million for Auburn Hills-based Automotive Lighting to c...
Avocado: the product with the highest price increase in Mexico
MEXICO –  In the week of May 20 to 24, avocado was the product that registered the most variation in the markets of the country, being sold at US$2.35 per kilo in Mérida and up to US$3.65 in Puebla.   According to the Federal Consumer Protection Agency (Profeco) in convenience stores kilogram...

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