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Latest: Fintech News

Geely-Owned Volvo Seeks Parts Outside China – FT
Geely-Owned Volvo Seeks Parts Outside China – FT

Lining up two providers of automotive parts allows carmakers to reduce their exposure to shocks but adds to costs, chief executive Jim Rowan said

US Probes Chipmaker for Huawei Sanctions Violations – FT
US Probes Chipmaker for Huawei Sanctions Violations – FT

TechInsights, which analyses components inside consumer electronics, sent a report to the US Commerce Department alleging the violations

Honor Sales Accelerate Despite China Smartphone Market Slump
Honor Sales Accelerate Despite China Smartphone Market Slump

Chinese smart devices brand made the biggest gains in the first quarter, with sales up 15.5% on the previous quarter

Apple Grapples for Sales as China Phone Market Shrinks
Samsung Banks on Chip Demand as Profits Rise 51%
Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ
PayPal, Apple Pay Accused of Patent Breaches by US Fintech
Samsung to Take Green Power Pledge in Shift to Renewable Energy
China’s DJI Halts Drone Sales in Russia, Ukraine Over War Risks
South Korea’s SK Hynix Doubles Profit on Strong Chip Demand

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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