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Latest: Fintech News

Apple Snares Half of China’s High-End Phone Sales – SCMP
Apple Snares Half of China’s High-End Phone Sales – SCMP

The US tech giant was China's leading premium smartphone provider in the second quarter, followed by China's Vivo, the South China Morning Post said.

Pinduoduo Plans E-Commerce Platform For US Market
Pinduoduo Plans E-Commerce Platform For US Market

Pinduoduo has briefed merchants on its plans but details have not yet been finalized, a source said.

India Eyes $3bn Armed Drones Deal With US to Monitor China
India Eyes $3bn Armed Drones Deal With US to Monitor China

India is set to sign a $3-billion deal with the US for 30 top-level military drones for surveillance of their border with China and the Indian Ocean

Australia to do Crypto Stocktake Ahead of Regulatory Moves
Taiwan Calls Semiconductors ‘Democracy Chips’ in US Meeting
Apple Supplier Foxconn in $300m Plant Expansion in Vietnam
Crypto’s Hodlnaut Cuts 80% of Staff as Police Investigate
UK Blocks Hong Kong Takeover of Chip Parts Firm – Guardian
Taiwan Says It’s Yet to be Told of Asian Chipmakers Meeting
Samsung Plans $15bn Spending at New Chip Research Centre

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