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Latest: Fintech News

China Exported Just 1kg of Germanium Last Month, No Gallium
China Exported Just 1kg of Germanium Last Month, No Gallium

Both gallium and germanium are key to chipmaking, and Chinese exporters of the metals now need to obtain an export licence for dual-use items and technologies

Google to Make Flagship Pixel 8 Smartphone in India
Google to Make Flagship Pixel 8 Smartphone in India

Alphabet-owned Google says it will partner with international and domestic manufacturers to produce the handset locally

Huawei Sells 1.6m Mate 60 Phones in Six Weeks as Apple Falters
Huawei Sells 1.6m Mate 60 Phones in Six Weeks as Apple Falters

A report from US investment giant Jefferies said this week Huawei had usurped Apple as the smartphone-maker with the biggest share of China's market

US Curbs Set Off Sales, Tech Boom for China Chip Equipment Firms
US Seeks Details on Sequoia’s Chinese Tech Investments – FT
US Seizes Website Domains Used by North Korean IT Workers
Foxconn, Nvidia to Build ‘AI Factories’ Producing Intelligence
Western Spy Chiefs Warn China Using AI to Steal Tech Secrets
China’s Xi Pitches BRI For AI Governance, Green Development
Country Garden Seen Defaulting on Its Offshore Debt

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