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Latest: Fintech News

Officials Target Foxconn China Sites for Tax, Land Use Probe
Officials Target Foxconn China Sites for Tax, Land Use Probe

Officials have inspected Foxconn sites in four provinces, while state media says founder Terry Gou has 'responsibilities' and should be pushing for peace with Beijing as he runs for president in Taiwan

Malaysia’s Anwar Pushes ASEAN-Gulf Council Free-Trade Deal
Malaysia’s Anwar Pushes ASEAN-Gulf Council Free-Trade Deal

Malaysian Prime Minister Anwar Ibrahim made the suggestion at a the first-ever summit of the two regional blocs in Saudi Arabia on Friday

China Exported Just 1kg of Germanium Last Month, No Gallium
China Exported Just 1kg of Germanium Last Month, No Gallium

Both gallium and germanium are key to chipmaking, and Chinese exporters of the metals now need to obtain an export licence for dual-use items and technologies

Google to Make Flagship Pixel 8 Smartphone in India
Huawei Sells 1.6m Mate 60 Phones in Six Weeks as Apple Falters
US Curbs Set Off Sales, Tech Boom for China Chip Equipment Firms
US Seeks Details on Sequoia’s Chinese Tech Investments – FT
US Seizes Website Domains Used by North Korean IT Workers
Foxconn, Nvidia to Build ‘AI Factories’ Producing Intelligence
Western Spy Chiefs Warn China Using AI to Steal Tech Secrets

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