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Latest: Fintech News

China Lockdowns Holding up New iPhones – Nikkei
China Lockdowns Holding up New iPhones – Nikkei

Development of new iPhones is "falling behind schedule" because restrictions on movement have yet to be fully lifted in Shanghai, Nikkei has reported

Baidu Cloud, AI Services Draw $4.2bn in March Quarter
Baidu Cloud, AI Services Draw $4.2bn in March Quarter

Curbs in China to contain the spread of Covid-19 appeared to boost demand for Baidu's cloud services and AI products, helping the group record revenue that topped estimates

UK to Probe Chinese Takeover of Chip Company – FT
UK to Probe Chinese Takeover of Chip Company – FT

Business secretary Kwasi Kwarteng said the acquisition of Newport Wafer Fab by Nexperia, a subsidiary of China's Wingtech, would face an investigation

Sony to Boost PlayStation 5 Output, Broaden PC, Mobile Titles
India’s Vedanta to Announce Semiconductor Plant Location
ADDX Raises $58m, Teams Up With Thai Stock Exchange
Singapore Court Freezes ‘Bored Ape’ NFT – The Times
Hong Kong Fintech Regulator Grants Licences to Singapore’s Syfe
Fintech Startup Propels Indonesian Poultry Productivity
Crypto Crash ‘Darwinism’, Says Bitcoin Fund Head – Ignites

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