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"Mexico is one of the ideal countries for companies considering adjusting their supply chain," Cheng said.   Electronic Manufacturing companies in Mexico Taiwanese electronics makers Foxconn and Pegatron have begun eyeing new factories in Mexico. It is due to several factors, including the trade war between the US and China and the coronavirus pandemic. All of this is prompting firms to rethink their global supply chains.   These plans could bring billions of dollars in much-needed new investment to Latin America's second-largest economy over the next few years. It is essential for Mexico, experiencing its worst recession since the Great Depression of the 1930s. Related :  The U.K. wants to grow AI Development   Foxconn and Pegatron are contractors for several phone manufacturers, including Apple. It is not yet clear which companies they will work with in Mexico.   However, some insiders report that Foxconn plans to use the factory to produce the Apple iPhone. ...

Viber , the messaging app owned by Japanese ecommerce giant Rakuten has been a long-time player in fintech. It launched services such as money transfer and chatbot payment in different countries over the years. It is now launching Payments on Viber, a new service that allows users to set up digital wallets tied to their Viber accounts. Payment wallets can be linked to other bank accounts and Visa or Mastercard. They can then be used to pay bills, purchase goods, and transfer money between people. These services will be available for free, and services such as payments to businesses will likely have fees attached. This service will be launched in Germany and Greece first, with plans to expand to other European countries and Viber's global footprint to 180 countries by the end of this year. Ofir Eyal, the Viber CEO, said that the reasons Viber started with these countries were strategic. He described Greece as a "purple nation," where Viber is installed by approximately 91%...