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Latest: Fintech News

ASML Employee Who Stole Chip Secrets ‘Went to Work at Huawei’
ASML Employee Who Stole Chip Secrets ‘Went to Work at Huawei’

ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year

Japan Watchdog Launches Google Search Dominance Probe
Japan Watchdog Launches Google Search Dominance Probe

The Japan Fair Trade Commission suspects the US tech giant is “restricting its business partners' activity in the search services market”

China Tensions Leave US Firms Between a Rock and a Hard Place
China Tensions Leave US Firms Between a Rock and a Hard Place

As many US firms weigh the risks of keeping their businesses within the factory floor of the world, others are dealing with a relentless operational dependance on China

Chinese, Russian Firms Agree Multiple Deals as Ties Deepen
US Chip Export Ban Seen as Big Opportunity for Huawei
Officials Target Foxconn China Sites for Tax, Land Use Probe
Malaysia’s Anwar Pushes ASEAN-Gulf Council Free-Trade Deal
China Exported Just 1kg of Germanium Last Month, No Gallium
Google to Make Flagship Pixel 8 Smartphone in India
Huawei Sells 1.6m Mate 60 Phones in Six Weeks as Apple Falters

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