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Latest: Fintech News

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
AMD Buys Xilinx For $49.8bn In Biggest Ever Chip Firms Deal

Semiconductor designer Advanced Micro Devices’ purchase of Xilinx comes after Nvidia Corp abandoned plans to buy SoftBank-owned Arm Ltd

Global Chip Sales Top 1tn in 2021, Set to Go Higher
Global Chip Sales Top 1tn in 2021, Set to Go Higher

Some 1.15 trillion computer chips were sold, with 34% growth in auto-grade chips that can withstand heat and other challenges. Industry body expects 8.8% growth in 2022

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
Young Crypto Whiz ‘SBF’ Backs Regulatory Oversight
Chinese Company Denies Alleged IP Infringement of ASML

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