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Latest: Fintech News

Taiwan Says It’s Yet to be Told of Asian Chipmakers Meeting
Taiwan Says It’s Yet to be Told of Asian Chipmakers Meeting

The meeting comes on the heels of a new US CHIPS Act that includes $52 billion in subsidies for companies that make chips or conduct chip research in the United States.

Samsung Plans $15bn Spending at New Chip Research Centre
Samsung Plans $15bn Spending at New Chip Research Centre

The world's largest memory chipmaker said plans to invest about $15 billion in the centre at Giheung, south of the capital Seoul, over the next six years, it said

China Reassures Battered Tech Firms, Wants ‘Can-Do’ Relations
China Reassures Battered Tech Firms, Wants ‘Can-Do’ Relations

The Cyberspace Administration of China also said it supports overseas listings, and that the aim is to ensure that data is not abused by foreign governments.

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
China’s Tencent Stops NFT Sales on Huanhe Platform
Singapore Crypto Firm Hodlnaut Wants Court-Led Restructuring
Huawei Says Profit Plunged 52% in First Half on Weak Demand

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