Taiwan's path to helping ally Guatemala build chips

 Direct translation

Are countries that have severed diplomatic ties jealous? Foreign media expose Taiwan's path to helping ally build chips

Financial Channel/Comprehensive Report / https://ec.ltn.com.tw/article/breakingnews/5206313 / Image : Taiwan is helping its ally Guatemala build a chip manufacturing network.

Chips can be called the "new oil" of the 21st century. Taiwan plays a key global strategic role, actively promoting chip diplomacy and strengthening democratic supply chains. Foreign media have revealed that Taiwan is leveraging its semiconductor expertise to help its ally Guatemala build the Chip Road. With Taiwan's support, Guatemala is promoting an innovation- and technology-based economic transformation.

Centroamerica360 reports that the Chip Road, promoted by Guatemala's Ministry of Economy (Mineco), has become one of the country's most ambitious production modernization strategies. To achieve this goal, Guatemala has a prime ally: Taiwan, with its technical and training support.

Guatemala's goal is clear: to integrate into the global semiconductor value chain. This multi-billion dollar industry determines the future of the digital economy. The project not only seeks to attract foreign investment but also fosters local innovation and creates jobs in engineering, advanced manufacturing, and electronics development.

The report states that Taiwan's support has been crucial in advancing Guatemala's Chip Road. Taiwan, which accounts for over 60% of global semiconductor production and 90% of high-end chips, has become Guatemala's most valuable technological and strategic partner in this initiative.

Through collaboration between the two countries, 28 Guatemalan engineers have received semiconductor training in Taiwan. Furthermore, four Taiwanese experts hosted a workshop in Guatemala City that brought together over 175 representatives from the public, private, and academic sectors.

Guatemalan Economy Minister Gabriela García emphasized that Taiwan has always been a source of inspiration and support, and that the Taiwanese model demonstrates that it is possible to transform from an emerging economy to a technological powerhouse. Taiwan's experience guides us in our journey towards sustainable transformation.

The report states that the success of Guatemala's "Way of Chips" strategy may also attract the attention of other technological allies, such as Singapore and South Korea, that are interested in expanding their industrial presence in Central America. If this ecosystem is strengthened, Guatemala will become a regional technological leader with a more diversified and sustainable economy.

The report states that despite significant challenges ranging from infrastructure to legislation, initial progress indicates that Guatemala is moving forward with planning and international support. The Chip Route project not only strengthens the relationship between Guatemala and Taiwan, but also showcases the country's modernity and competitiveness, enabling Guatemala to play an active role in the global digital economy.