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In Battle for China EV Market, Xiaomi’s ‘Thor’ Takes on Elon Musk

Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both in price and capabilities

Huawei Profits Jump 144% in Fastest Growth Since US Sanctions
US ‘Drawing Up List of Sanctioned Advanced Chinese Chip Fabs’

The AF 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