Nikkei reported that Apple is planning to produce 30% of total classic AirPods, equivalent to three to four million units, in Vietnam after having started the process since March. The US-based tech giant has also been recruiting a series of senior positions in Hanoi and Ho Chi Minh City in production, quality control, sales or supply chain. … [Read more...] about Vietnam needs more efforts to lure new FDI wave
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Reality check for US in trade tug of war
Related analysis from Bank of America Securities estimated that for the “most likely” scenario in which Apple moved 10 per cent of its iPhone assembly back to the US, the average selling price of the iPhone would rise 9 per cent. “The only factor that could drive US firms back is that operating in the US would be more profitable than in China, which is obviously not the case,” Hu Qimu, senior fellow at Sinosteel Economic Research Institute, told The Global Times. … [Read more...] about Reality check for US in trade tug of war
South Africa’s Mama Money Expands Global Reach with Western Union
Customers Can Now Send International Money Transfers to 200 Countries and Territories via the Mama Money Mobile App CAPE TOWN, SOUTH AFRICA - EQS Newswire - 28 May 2020 - Western Union, a leader in cross-border, cross-currency money movement and payments, and Mama Money, a rapidly growing international money transfer company, have joined forces to enable Mama Money customers to send money to their loved ones around the world via Western Union's Global Network. … [Read more...] about South Africa’s Mama Money Expands Global Reach with Western Union
