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Latest: Fintech News


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TSMC Japan Chip Factory Plan Expanded As Denso Takes Stake
TSMC Japan Chip Factory Plan Expanded As Denso Takes Stake

Joint project with Sony will now cost $8.6bn and planned monthly production will increase from 45,000 to 55,000 12-inch wafers

RBI Deputy Governor In Favour of Crypto Ban – Mint
RBI Deputy Governor In Favour of Crypto Ban – Mint

Cryptocurrencies have been developed to bypass the regulated financial system, which should be reason enough to treat them with caution, the deputy RBI governor said

Foxconn Teams Up With Vedanta To Make Chips In India
Foxconn Teams Up With Vedanta To Make Chips In India

The Taiwan iPhone maker is joining forces with Indian oil-to-metals group Vedanta to produce semiconductors in a $118 million deal

AMD Buys Xilinx For $49.8bn In Biggest Ever Chip Firms Deal
Global Chip Sales Top 1tn in 2021, Set to Go Higher
American Companies That Failed in China
Toshiba Sets March Date for Initial Vote on Break-up Plan
DBS Profit Bounces Back, Seen Gaining as Rates Outlook Improves
Indian Crypto Exchanges Report Jump in New Investors – BL
Singapore, Hong Kong Vie for Billionaires’ Business – Caixin

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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