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Latest: Fintech News

China Tells State Officials to Stop Using iPhones at Work: WSJ
China Tells State Officials to Stop Using iPhones at Work: WSJ

Sources say staff were given instructions to also not use other foreign-branded devices or bring them into the office

Huawei’s Chip Breakthrough ‘May Spur Tougher US Tech Curbs’
Huawei’s Chip Breakthrough ‘May Spur Tougher US Tech Curbs’

Analysts expect more debate in the US on the effectiveness of chip curbs and the possibility of Congress including harsher sanctions in a competition bill it is preparing against China

Foxconn Banking on Apple Lift After August Sales Drop
Foxconn Banking on Apple Lift After August Sales Drop

The Taiwanese tech giant blamed falling smartphone sales after its revenue in August fell 8% year-on-year and was down 12% on the previous month

China Plans $40bn Bonanza for Chips After Huawei Breakthrough
New Huawei Phone Spurs Fear China Got Around US Chip Curbs
Espionage Fears Over Chinese ‘Tourists’ at US Bases – WSJ
China Facing Reality Check After Long Boom Built on Debt
Tesla Unveils its Revamped Model 3 Sedan at Beijing Trade Fair
‘Local Protectionism’ Slowing China’s Clean Energy Transition
Arm Seen Signing Tech Giants for $50-55 Billion IPO

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