Approximately 19 million high-tech TVs produced annually in Baja California alone. But there’s more than TVs to get excited about when looking at manufacturing in Mexico.
Now, as Cleantech products and mobile electronic devices rapidly evolve, the Mexican electronics manufacturing industry does as well. With electronics exports reaching $71.4B US dollars in 2011, the 20% increase over 2010 figures, expectations are high for similar results for 2012.
Mexico is currently the 2nd largest supplier of electronics to the United States, after China.
As the US closest nearshore opportunity, Mexico is also the world’s largest producer of smartphones. Coupled with the 114,000 engineering students Mexico’s higher education system graduates every year, global manufacturers and suppliers alike are flocking to Mexico for its favorable trading terms, highly skilled workforce and proximity to US and North American markets.
With over 78% of Mexico’s exports going directly to the United States, many international manufacturers are seeing Baja California as the ideal region for production not solely for cost-effective manufacturing over overseas outsourcing, but for mere proximity to US customers.
In Focus: Electronics Component Supply
In 2012, Mexican based companies, including American multinationals, imported $199.9B US dollars in goods and services. From materials to electronic components, the over 200 electronics manufacturing companies in Baja California are ordering and importing millions of products and raw materials for assembly and production. Compared to $97.4B imported by Mexico a mere 10 years ago, the steady and stable growth of the electronics industry has brought suppliers and OEMs alike to the region.
Baja California Electronics Manufacturing Highlights:
- Over 200 electronics companies in BC
- Over 92,000 people employed in electronics sector in BC
- Tijuana is home for Sony, Panasonic, GE, Toyota & Hyundai
- Tijuana employees nearly 60,000 people
- Mexicali is home for General Dynamics, Honeywell, and Rockwell Collins
- Mexicali employs over 26,500 people
- 8 out of the 10 world’s largest manufacturing service suppliers operate in Mexico