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Latest: Fintech News

Samsung Banks on Chip Demand as Profits Rise 51%
Samsung Banks on Chip Demand as Profits Rise 51%

South Korean electronics giant warns shortage of parts may continue this year

Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ
Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ

Starlink's mini-satellite system provides internet service in Ukraine but officials were trying to clarify how it could be integrated into existing infrastructure

PayPal, Apple Pay Accused of Patent Breaches by US Fintech
PayPal, Apple Pay Accused of Patent Breaches by US Fintech

Texas-based Fintiv claims PayPal infringed five of its digital payment patents and has also accused Apple Pay and Walmart

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
Chinese Authorities Raid Fake Products as Amazon Cracks Down
China Study Shows Flaw in Self-Driving Cars – New Scientist
Australia Seeks To Fine Uber $19m Over Misleading Fares

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