Foxconn to Augment Investment Outflow to Mexico

In anticipation of greater productive capacity demand, Taiwan electronics manufacturer Foxconn plans to increase its FDI in Mexico. Meanwhile, Mexico City moves to regulate Airbnb as the city’s housing crisis spurs protests. In industry news, executives consider the importance of cybersecurity investment as the sector deals with increasingly formidable adversaries, while they explore the added capacity provided by data intelligence. 

In international news, América Móvil looks to build the most expansive submarine cable system in the Americas. 

This week in Tech news and developments: 

Mexico

Taiwan’s Foxconn to Accelerate Investment Efforts in Mexico

One of the world’s largest contract electronics manufacturers plans to direct strategic investments to Mexico in 2023, as it prepares to augment its productive capacity to meet expected demand from electric vehicles and server manufacturing, according to a report. 

Mexico City to Regulate Airbnb

Mexico City residents have started protesting against the sharp rise in rent prices, leading Mayor Claudia Sheinbaum to promise to regulate short-term leasing apps like Airbnb, widely considered to be one of the main factors that distort the housing market.

Industry Trends 

Invisible Threats: Why Hands-On-Keyboard Attacks Are Formidable

Fileless, hands-on-keyboard attacks are a particularly formidable malware-free assault because they do not depend on signatures traditionally used for detection, thereby creating a blindspot for malicious actors to exploit, according to the 2022 CrowdStrike Global Threat Report.

Why Invest in Cybersecurity?

“The probability of suffering a cyberattack is imminent; there is no infallible strategy, but there are ways to anticipate the attackers, study and be able to read their movements,” writes Angel Israel Gutierrez, CTO, A3Sec. 

The Implications and Benefits of Real-Time Data Use

“Having the right information helps to minimize failures. In this regard, data analytics is an excellent technological ally that data managers can use to respond to the acceleration brought about by digital changes,” writes Sergio Hernandez, President and CEO, CIAL Dun & Bradstreet. 

International 

América Móvil Aims to Build Most Extensive Submarine Network

Telecommunication companies América Móvil and Telxius plan to connect Guatemala and the US through a new ultrahigh capacity submarine cable link, as part of their ongoing commitment to improve global communications, according to a press release.