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Latest: Fintech News

Reshoring US Chip-Making is Not the Answer – Brookings
Reshoring US Chip-Making is Not the Answer – Brookings

US fabrication of the chips would require not only tremendous up-front costs, but possibly a steady stream of government assistance in perpetuity

Chinese Esports Star Banned for Life Over Match Fixing
Chinese Esports Star Banned for Life Over Match Fixing

An investigation began after incriminating messages alleged that the 22-year-old Chinese player had communicated with someone outside the league

Samsung Hit as Prices of Its ‘iPhone Rival’ S22 Slashed
Samsung Hit as Prices of Its ‘iPhone Rival’ S22 Slashed

Samsung Electronics' flagship Galaxy S22 phone has taken a battering from reports of hobbled performance which has led to carriers halving its price in South Korea just weeks since its launch

China Uses AI Software to Lift Surveillance Capabilities
Indonesia’s GoTo Keen to Buck Tech Slump With $1.1bn IPO
US Arrests Japan Crime Figure Over Missile Purchase Attempt
Taiwan’s Spy Catchers Hunt Chinese Poachers of Chip Talent
India’s Tata Group Launches Super App For its Many Brands
Crypto Promoter Samson Mow to Advise El Salvador on Bitcoin
Microsoft Reports Russian Cyber Attacks on EU, US

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