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Latest: Fintech News

Foxconn EV Unit’s Low-Powered Market Debut Amid Sector Fears
Foxconn EV Unit’s Low-Powered Market Debut Amid Sector Fears

Foxtron Vehicle Technologies' stock slumped 9% at the opening with bosses admitting they don’t expect to turn a profit for at least three years

India Approves Foxconn, Dell Investments in Domestic Tech Push
India Approves Foxconn, Dell Investments in Domestic Tech Push

New Delhi said the companies are expected to invest $360 million as part of its incentive scheme, creating 50,000 jobs in IT manufacturing

South Korea’s Hyundai to Sell Vehicles on Amazon From 2024
South Korea’s Hyundai to Sell Vehicles on Amazon From 2024

The automaker set up its first digital showroom in 2018 and an upgrade was unveiled at the recent Los Angeles Auto Show

China’s Xi Scores Standing Ovations, Sanctions Relief on US Trip
Samsung Boss Faces Call for Five-Year Jail Term for Fraud
South Korea Green Lights Robots on Its Streets – Register
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

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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