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Latest: Fintech News

Chinese-Owned Nexperia Set to Take Over Dutch Chip Startup
Chinese-Owned Nexperia Set to Take Over Dutch Chip Startup

The startup makes chips that can use ambient sources of electricity such as light or vibrations as a power source — potentially removing the need for batteries in simple devices

‘De-Risking’ by Western Businesses Eroding China’s Outlook
‘De-Risking’ by Western Businesses Eroding China’s Outlook

Foreign investors have been sour on China for much of 2023, and data released recently has provided evidence of the negative impact de-risking strategies are having on its economy

Foxconn to Ramp Up India Operations With $1.5bn Pledge
Foxconn to Ramp Up India Operations With $1.5bn Pledge

The Taiwanese giant has already been expanding its India footprint by investing in manufacturing facilities in the south of the country

Storytelling App ReelShort’s Dramatic US Rise – Economist
Russian Oil Trading with India Still Plagued by Currency Woes
Buffett Dumps India Payments Giant Paytm at Over $60m Loss
South Korean Crypto Fugitive Do Kwon Set for Extradition
Nvidia’s Best New AI Chip for China ‘Delayed Until Next Year’
Apple Outshone by Huawei, Xiaomi on China’s Singles Day
Seismic AI Discovery May Have Led to Altman’s OpenAI Firing

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