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Latest: Fintech News

China’s 2022 Smartphone Sales Plunge to Lowest in a Decade
China’s 2022 Smartphone Sales Plunge to Lowest in a Decade

Android handset maker Vivo was the top-selling brand in the country, but its total shipments fell 25.1% year-on-year

Steps Made Towards Deal on Fresh China Chip Curbs: ASML
Steps Made Towards Deal on Fresh China Chip Curbs: ASML

Europe’s largest technology company said the measures were not expected to have a material impact on its 2023 financial forecasts

Dutch PM ‘May Not Disclose’ Result Of China Chip Curbs Talks
Dutch PM ‘May Not Disclose’ Result Of China Chip Curbs Talks

Netherlands-based ASML Holding, a key supplier to chipmakers, could see at least some of its $2.4 billion in annual sales to China affected by fresh curbs

Japan, Netherlands to Join US in Enforcing China Chip Curbs
Dutch Officials Head to US For Possible China Chip Curbs Deal
Google Changes Android System in India After Antitrust Ruling
ASML’s China Exports ‘Unchanged’ Amid Rising Chip Curbs Worry
80,000 Laid-Off Indian IT Workers Scramble to Stay in US – Mint
Indian Billionaire Adani Says He’s Addicted to ChatGPT – CNN
Amazon Launches Air Cargo Service in India as Online Sales Jump

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