RIO DE JANEIRO, BRAZIL – On May 10, the new president of the National Association of Automotive Vehicle Manufacturers (Anfavea), Márcio de Lima Leite, revealed a study for Brazil to start producing semiconductors locally. The investment would be around US$2 billion.
This group, formed and led by the federal government, includes the participation of suppliers, the automotive industry, and universities. “So far, what we have heard is that this investment could reach US . . .