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Latest: Fintech News

Huawei To Build First Euro Factory Despite EU Scrutiny
Huawei To Build First Euro Factory Despite EU Scrutiny

The firm are reportedly committed to the factory plan regardless of a number of European bans on the use of 5G equipment made by Huawei and China's ZTE

China Firms Rush to Poach Nvidia Clients With AI Chip Offerings
China Firms Rush to Poach Nvidia Clients With AI Chip Offerings

Big tech firms like Tencent and even smaller and upcoming Chinese AI players are accelerating chip product launches and organising more marketing visits

TikTok Back in Indonesian E-Commerce Via GoTo-Tokopedia Deal
TikTok Back in Indonesian E-Commerce Via GoTo-Tokopedia Deal

China tech giant will return to online shopping in Indonesia after paying $1.5bn for most of GoTo's e-commerce unit and 75% of Tokopedia

US Puts More Chinese Officials, Firms on Xinjiang Sanctions List
OpenAI Investigating ‘Lazy’ ChatGPT Claims – Independent
Chip Giant Nvidia to Boost Ties With Vietnam Tech Firms
China, Saudi Trade Chiefs Eye Tech, Energy, Project Tie-Ups
Nvidia in Chip Design Tie-Up Talks With Vietnamese Tech, Hanoi
US, S Korea, Japan Team Up to Confront N Korea Cyber Threat
Chinese Investment in Vietnam Doubles, As US Trade Eases

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