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Latest: Fintech News

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
China Plans $40bn Bonanza for Chips After Huawei Breakthrough

The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC

New Huawei Phone Spurs Fear China Got Around US Chip Curbs
New Huawei Phone Spurs Fear China Got Around US Chip Curbs

Reports that Huawei's latest smartphone has 5G capabilities has sparked questions on the effectiveness of US sanctions and whether chip curbs on China should be expanded

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
Vietnam Chip Engineer Shortage May Spoil US Plan to Rival China
ASML to Ship Top Tech to China Even as Dutch Chip Ban Starts

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