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Latest: Fintech News

Apple Asks Suppliers to Shift More Production to India – Nikkei
Apple Asks Suppliers to Shift More Production to India – Nikkei

Apple has asked key suppliers such as Foxconn to move some AirPods and Beats headphone production to India

China’s Chip Industry Struggling to Draw New Students – SCMP
China’s Chip Industry Struggling to Draw New Students – SCMP

"They may feel the job is too hard and not well-paid," Huike Edutech partner Chen Ying was quoted as saying.

Musk U-Turn: Ready to Buy Twitter if it Drops Legal Case
Musk U-Turn: Ready to Buy Twitter if it Drops Legal Case

Fear of court proceedings may have convinced Musk to proceed with his $44-billion bid to take Twitter private, legal experts say

Apple CEO Tim Cook Voices Doubts About Metaverse – Verge
Samsung to Triple Microchip Production Due to Soaring Demand
US Seen Blocking More Chip Exports From China’s Military
Apple’s Office in Seoul Raided by Korean Regulators – CNet
China’s Xiaomi to Protect Interests After Assets Freeze in India
Experts Unimpressed With Tesla’s Humanoid Robots – AP
China’s JD.com Founder Liu Settles US Rape Civil Claim

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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