fbpx

Type to search

Latest: Fintech News

Foxconn EV Unit Keen to Make Small Cars in India, Thailand
Foxconn EV Unit Keen to Make Small Cars in India, Thailand

India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said

Factory Activity Declined in China and Across Asia in July
Factory Activity Declined in China and Across Asia in July

China's Caixin/S&P Global manufacturing purchasing managers' index data fell to negative territory, while Japan, South Korea, Taiwan and Vietnam also saw factory activity contract

China Expands Drone Export Curbs to ‘Maintain World Peace’
China Expands Drone Export Curbs to ‘Maintain World Peace’

The commerce ministry said the restrictions will include some drone engines, lasers, communication equipment and anti-drone systems

Ant IPO Unlikely in the Short Term, Chinese State Media Says
AMD to Build Massive $400 Million Chip Design Centre in India
Stagnant Demand, China Woes Temper Waning Chip Glut Cheer
China Deflation Risks Deepen as Sharp Pay Cuts Hit Consumption
Samsung to Follow Through With Cuts Despite Chip Recovery
South Koreans Claim Superconductor Breakthrough – Register
India Sees Foxconn, Micron Helping it Rival Chip King Taiwan

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