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Latest: Fintech News

Breakthrough Lithium Battery Can be Charged 6,000 Times – TX
Breakthrough Lithium Battery Can be Charged 6,000 Times – TX

Harvard scientists say their solid state battery design charges in minutes and lasts for thousands of cycles

China’s Focus on Infrastructure, State Industry Squeezing Families
China’s Focus on Infrastructure, State Industry Squeezing Families

China's central bank is under pressure to cut rates at a time it faces falling prices, which may discourage private investment and spending; experts say structural reforms are needed

SK Hynix CEO Sees AI Doubling Firm’s Value in Three Years
SK Hynix CEO Sees AI Doubling Firm’s Value in Three Years

The Korean outfit has a lead on rivals in developing the latest in high-end chips used in the fast-growing field of generative AI

China Says it Overtook Japan to be World’s Top Car Exporter
CES 2024: Nvidia Set to Drive China EV Firms’ Autonomous Cars
China to Lead 2024 Chip Expansion with 18 New Fabs – SEMI
ByteDance Talking to Tencent, Buyers on Sale of Gaming Assets
Samsung Flags Drop in Fourth Quarter Profit Amid Weak Demand
China to Slap Sanctions on 5 Firms Over US-Taiwan Arms Sales
Apple Facing Rough Year in China as Huawei Gains Market Share

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