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Latest: Fintech News

Huawei Replaces US-Sanctioned System That ‘Threatened Survival’
Huawei Replaces US-Sanctioned System That ‘Threatened Survival’

The Chinese tech giant was cut off from software core to the company's operations by several successive rounds of US trade sanctions

India Expects Apple to Triple Investment After Cook-Modi Meet
India Expects Apple to Triple Investment After Cook-Modi Meet

The Apple CEO is in India to inaugurate the US tech giant’s first retail stores in the world's biggest smartphone market after China

Seagate to Pay $300m Fine for 7m Hard Drives Sent to Huawei
Seagate to Pay $300m Fine for 7m Hard Drives Sent to Huawei

Tech firm sold the drives to Huawei between August 2020 and Sept 2021 despite an August 2020 rule banning certain foreign items made with US technology to the company

China Focused on Global Tech Dominance, UK Spy Chief Warns
Surveillance Fear as China Restarts Work on Fifth Antarctic Base
TSMC Seeks up to $15 Billion in US CHIPS Act Subsidies
Swag of Brazil-China Trade Deals Signed During Lula Visit
Tech Giants Warn India Fact-Checking Rule ‘Open to Misuse’ – TC
China May Soften Charges, Reduce Fine on Embattled Ant Group
‘Fanboys’ Queue Up as Apple Opens First India Store in Mumbai

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