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Latest: Fintech News

China’s Xi Scores Standing Ovations, Sanctions Relief on US Trip
China’s Xi Scores Standing Ovations, Sanctions Relief on US Trip

While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points

Samsung Boss Faces Call for Five-Year Jail Term for Fraud
Samsung Boss Faces Call for Five-Year Jail Term for Fraud

Analysts said the verdict will make it easier for Lee, if he is acquitted, or harder, if he is convicted (again) to shape Samsung's future; an acquittal would give him room for major strategic decisions

South Korea Green Lights Robots on Its Streets – Register
South Korea Green Lights Robots on Its Streets – Register

Seoul’s Ministry of Trade has urged its citizens to remain calm if they meet robots delivering parcels or on patrol on its sidewalks

Shock Reversal on Cloud Unit Wipes $20bn Off Alibaba Shares
Probe Into US Chip Equipment Maker’s Gear Sent to China’s SMIC
Lenovo Pinning Hopes on ‘AI PC’ After 16% Revenue Hit
Alibaba Pulls Plug on Cloud Unit Spin-Off Over US Chip Curbs
SoftBank Accused of Deliberately Trashing Social Media App – FT
Tencent to Turn to Chinese Chips as US Bans Risk Cloud Service
China Claims Fastest Internet Link: 1.2 Terabits a Second – SCMP

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AF Fintech Insights

Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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