latamtrends
Trends

Latin America trends 2018: ICT will start to find its feet again

At the start of 2017, the entire Latin American region, and specifically Mexico, was shrouded in a state of confusion. The election of US president Donald Trump had cast doubts over the region and its relationship with the US amid talk of walls and America-first.

2016 was a healthy year for ICT investments in Mexico, Brazil, and other markets throughout the region but the US and global political climate of January 2017 meant that businesses needed to take a moment to re-evaluate the landscape before making a move.

While it would be wrong to say the political and business landscape is stable or calm, 2017 appeared to be a year where Latin America started to make sense of the turbulence and look at how to move forward.

Tech investment in Latin America looks unsettled: Scandal and Trump shake Latin American startup stability

IT investment is ramping up in key markets

Brazil is putting a lot of faith in its IT sector. In March, the government announced a joint investment with chipmaker giant Qualcomm to the tune of $200 million to construct a semiconductor manufacturing plant in the country. While it’s a big investment, the Qualcomm facility is expected to employ around 1,200, which will only slightly chip away at the country’s 13% unemployment rate.

To continue reading...


PREVIOUS ARTICLE

« Middle East trends 2018: Can tech really replace oil?

NEXT ARTICLE

Nutanix president riffs on HBO's Silicon Valley »
Jonathan Keane

Jonathan Keane is a freelance journalist, living in Ireland, covering business and technology

  • Mail

Recommended for You

Future-proofing the Middle East

Keri Allan looks at the latest trends and technologies

FinancialForce profits from PSA investment

Martin Veitch's inside track on today’s tech trends

Amazon Cloud looms over China: Bezos enters Alibaba home ground

Lewis Page gets down to business across global tech

Poll

Do you think your smartphone is making you a workaholic?