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Latest: Fintech News

Apple to Rev Up Production in India, Vietnam – TechCrunch
Apple to Rev Up Production in India, Vietnam – TechCrunch

Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025

SoftBank Eyeing Arm-Samsung ‘Strategic Alliance’, Son Says
SoftBank Eyeing Arm-Samsung ‘Strategic Alliance’, Son Says

SoftBank CEO Masayoshi Son plans to visit Seoul to discuss a plan for Arm, amid speculation over an industry consortium to invest in the chip designer to ensure its neutrality.

India Chips in With Semiconductor Plant Set-Up Costs Aid
India Chips in With Semiconductor Plant Set-Up Costs Aid

New Delhi is looking to attract high-tech investments with a $10bn incentive plan for chip and display production

YouTube to Give Creators More Cash in Bid to Match TikTok
Shock Absorbers Help Taiwan Chip Plants Avoid Quake Damage
Indonesia Passes Long-Debated Data Protection Bill
Activists Worried as China Shares CCTV Tech Across Asia – ST
China Microchip Firms Shutting Down at Record Rate – SCMP
Biden Orders Alert on Deals in Areas of Key China Interest
Ethereum ‘Merge’ Upgrade Cuts Coin’s Energy Use by 99.9%

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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