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Latest: Fintech News

Nissan Eyes Solid-State EV Battery Breakthrough by 2029 – AP
Nissan Eyes Solid-State EV Battery Breakthrough by 2029 – AP

While rivals claim to be further ahead in the race to develop the next generation of batteries, Nissan has hinted it’s poised to make the great leap forward sooner

China Providing 90% of Chips Used in Russia, Despite Sanctions
China Providing 90% of Chips Used in Russia, Despite Sanctions

A new report, by chip expert Chris Miller, said shipments from China accounted for 88% of the chips Russia acquired, measured by dollar value, in the first half of 2023

Apple iPhone Sales Slump 10%, Samsung Claims No1 Spot
Apple iPhone Sales Slump 10%, Samsung Claims No1 Spot

Samsung, which launched its latest flagship smartphone Galaxy S24 series at the beginning of the year, shipped more than 60 million phones in Q1

EU to Avoid Trade Curbs in China Solar Panel Firms Battle
Tesla to Axe 10% of Workforce as Dipping Sales, Price War Bite
Row Over Fair Car Trade Continues as Scholz Lands in China
Malaysia, India Bid to Profit From US-China Chip War – KrAsia
US Lawmakers’ Fury Over Huawei’s Intel AI Chip-Powered Laptop
Huawei Signals New High-End Smartphone After Mate 60 Success
China Orders Telecoms to End Use of US Chips by 2027 – WSJ

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors