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Latest: Fintech News

Foxconn Wins Apple AirPod Order, to Build $200m India Factory
Foxconn Wins Apple AirPod Order, to Build $200m India Factory

The deal will see the Taiwanese iPhone maker produce AirPods for the first time in another significant shift of tech production away from China

India Using SWIFT Payment System For Dollar Trade With Russia
India Using SWIFT Payment System For Dollar Trade With Russia

Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine

US Sanctions on China to Hit Dominance of Chips: TSMC Founder
US Sanctions on China to Hit Dominance of Chips: TSMC Founder

"There's no question in my mind that, in the chip sector, globalisation is dead," TSMC’s retired founder Morris Chang said

TikTok Facing US Ban if Chinese Owners Don’t Sell Stakes
China Scientists Split on US Tech Sanctions Impact – SCMP
Beijing Regulator Delays CATL’s $5 Billion Swiss GDR Listing
Foxconn Warns on Consumer Electronics Demand, Profit Dips 10%
Samsung to Pump $230 Billion Into ‘World’s Largest Chip Base’
US Would ‘Destroy Taiwan Chip Factories if China Invaded’ – BI
Chinese Start-Ups Hunt for ‘Friendly’ Banks to Park SVB Funds

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