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Latest: Fintech News

Domestic Sales of Chinese Video Games Rebound, Top $42.6bn
Domestic Sales of Chinese Video Games Rebound, Top $42.6bn

China's video-game market jumped back up this year with domestic revenue topping 300 billion yuan for the first time

US, China Out to Stop Quantum Computers Stealing World’s Secrets
US, China Out to Stop Quantum Computers Stealing World’s Secrets

One expert has predicted quantum computers might be capable of cracking the encryption that protects most digital communications by 2025

Chinese Chip Firms Closed at a Record Rate in 2023 – TH
Chinese Chip Firms Closed at a Record Rate in 2023 – TH

The spike this year highlights the growing struggles in the chip design, semiconductor manufacturing and wafer fab equipment sectors

Senior Auditors Wary on Review of VW Plant in China’s Xinjiang
US Still Backing China Firm Providing Chips for Drones, PLA Units
New Huawei Laptop Fuels Talk of Sanctions-Beating 5nm Chip
Scientists Reveal AI Headset That Turns Thoughts Into Text – IE
China, Vietnam Sign Rail and Data Deals, While Upgrading Ties
World Backs COP28 Deal to Reduce Use of Fossil Fuels
China’s Xi Starts State Visit to Vietnam Aimed at Closer Ties

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