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Latest: Fintech News

State-Backed China Hackers in Malware Attack on Dutch Networks
State-Backed China Hackers in Malware Attack on Dutch Networks

Intelligence chiefs in The Netherlands said the cyber gang breached an armed forces network but tech firms like ASML were also targets

TSMC Plans Second Chip Fab in Japan Amid Rising Demand
TSMC Plans Second Chip Fab in Japan Amid Rising Demand

Work on TSMC's second plant in Kumamoto will begin late this year. Its factories will have a monthly capacity of over 100,000 12-inch wafers for auto, industrial, consumer and high performance-related uses

Huawei, SMIC Set to Defy US Sanctions With 5nm Chips: FT
Huawei, SMIC Set to Defy US Sanctions With 5nm Chips: FT

The 5nm tech will be used to produce chips for Huawei's new smartphones, and, if successful, could also be used for its AI chips

US Treasury Team Flies to China to Discuss Subsidies, Policies
AI, Auto Demand to Supercharge Chip Rebound in 2024
Video Call With Deepfakes Costs UK Firm $25m in Hong Kong
Huawei Leads China R&D Spending Spree, Overtakes EU – Nikkei
Huawei Smartphone Output Hit, As Demand Soars For AI Chips
Foxconn Warns on AI Chip Shortage But Predicts ‘Better’ 2024
China Chipmaker YMTC Denies Military Links After Blacklisting

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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