Field Notes

Insights, updates, and behind-the-scenes progress from the team driving Sonora’s ATP strategy — one key action at a time.

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Policy Manuel Molina Policy Manuel Molina

Risk Is in the Details

In semiconductor manufacturing, risk isn’t always about location. It’s about what happens when a company tries to operate.

A permit that takes too long. Tooling stuck in customs. A certified engineer who can’t work across the border. IP that isn’t clearly protected.

These aren’t future problems — they show up early, in conversations and checklists. And for OSATs considering new sites, they matter.

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Policy Manuel Molina Policy Manuel Molina

Friction is a Dealbreaker

In semiconductor investment, execution risk kills more deals than cost. And execution risk lives in one place more than anywhere else: the regulatory maze.

How fast can we get a permit? How long to import used equipment? Who handles customs? What are the environmental review timelines? Are there surprises?

These aren’t afterthoughts — they’re make-or-break factors.

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