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Latest: Fintech News

Apple Supplier Foxconn in $300m Plant Expansion in Vietnam
Apple Supplier Foxconn in $300m Plant Expansion in Vietnam

The Taiwanese group signed a $300m agreement with local developer Kinh Bac City to expand its facilities northeast of Hanoi, amid reports it will make the Apple Watch there

Crypto’s Hodlnaut Cuts 80% of Staff as Police Investigate
Crypto’s Hodlnaut Cuts 80% of Staff as Police Investigate

The Singapore-based lender said the layoffs were to reduce the company's expenditure and leave it with only about 10 employees. 

UK Blocks Hong Kong Takeover of Chip Parts Firm – Guardian
UK Blocks Hong Kong Takeover of Chip Parts Firm – Guardian

The decision to stop the buyout is the UK's latest move to protect its technological edge from Chinese ownership, The Guardian reported.

Taiwan Says It’s Yet to be Told of Asian Chipmakers Meeting
Samsung Plans $15bn Spending at New Chip Research Centre
China Reassures Battered Tech Firms, Wants ‘Can-Do’ Relations
South Korea to Attend Initial Meet of US-Led Asian Chipmakers
China’s Tencent Reports First Revenue Drop
Chinese Scientist Arrested in US in Chip Breakthrough Claim
China Firms to Make Apple Watch, MacBook in Vietnam – Nikkei

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