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Latest: Fintech News

US Probes Chipmaker for Huawei Sanctions Violations – FT
US Probes Chipmaker for Huawei Sanctions Violations – FT

TechInsights, which analyses components inside consumer electronics, sent a report to the US Commerce Department alleging the violations

Honor Sales Accelerate Despite China Smartphone Market Slump
Honor Sales Accelerate Despite China Smartphone Market Slump

Chinese smart devices brand made the biggest gains in the first quarter, with sales up 15.5% on the previous quarter

Apple Grapples for Sales as China Phone Market Shrinks
Apple Grapples for Sales as China Phone Market Shrinks

In China, the world's largest smartphone market, total phone shipments this year are expected to be 300 million units, down from about 325 million units last year

Samsung Banks on Chip Demand as Profits Rise 51%
Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ
PayPal, Apple Pay Accused of Patent Breaches by US Fintech
Samsung to Take Green Power Pledge in Shift to Renewable Energy
China’s DJI Halts Drone Sales in Russia, Ukraine Over War Risks
South Korea’s SK Hynix Doubles Profit on Strong Chip Demand
Huawei Looks at 5G, Cloud as Path Beyond Sanctions

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