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Latest: Fintech News

China Made 84% of World’s Blockchain Applications – SCMP
China Made 84% of World’s Blockchain Applications – SCMP

Only 19 per cent of applications were approved, with Chinese citizens prohibited from participating in leading blockchains overseas

Apple to Rev Up Production in India, Vietnam – TechCrunch
Apple to Rev Up Production in India, Vietnam – TechCrunch

Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025

SoftBank Eyeing Arm-Samsung ‘Strategic Alliance’, Son Says
SoftBank Eyeing Arm-Samsung ‘Strategic Alliance’, Son Says

SoftBank CEO Masayoshi Son plans to visit Seoul to discuss a plan for Arm, amid speculation over an industry consortium to invest in the chip designer to ensure its neutrality.

India Chips in With Semiconductor Plant Set-Up Costs Aid
YouTube to Give Creators More Cash in Bid to Match TikTok
Shock Absorbers Help Taiwan Chip Plants Avoid Quake Damage
Indonesia Passes Long-Debated Data Protection Bill
Activists Worried as China Shares CCTV Tech Across Asia – ST
China Microchip Firms Shutting Down at Record Rate – SCMP
Biden Orders Alert on Deals in Areas of Key China Interest

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