Latest: Fintech News
China plans a massive package to support its computer chip sector and will reportedly outlay over $143 billion over five years
The Biden administration aims to cut China off from certain semiconductor chips made anywhere in the world using US equipment
The move followed pushback from trade groups like the US Chamber of Commerce which argued the measures would not further US national security
Taiwan's TSMC plans to be able to deliver the advanced chips used in Apple's Macs, iPhones and iPads from its new Arizona super-plant by 2024.
TSMC announced on Tuesday it would more than triple its planned investment at its Arizona plant to $40 billion
The Apple supplier sees its China factory returning to full output by late December after unrest broke out among workers over Covid curbs
Scientists at Sony claim it’s technologically possible to make the advanced robots now but progress will depend on when it’s identified what they’ll do
The US President's visit follows the Taiwanese chipmaker’s move to more than triple its planned investment in the factory to $40 billion
The News Media Bargaining Code, which took effect in March 2021, has been successful balancing bargaining power between news media and digital platforms, the government says
US prosecutors asked a judge on Thursday to dismiss bank fraud and other charges against a senior Huawei official arrested and held in Canada for several years.
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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Fintech: The Big Picture
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
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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