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Latest: Fintech News

India Must Regulate Internet Shutdowns, Say Tech Giants
India Must Regulate Internet Shutdowns, Say Tech Giants

State internet shutdowns "cause significant inconvenience to local public at large," the Internet and Mobile Association of India said

US Tech Firms Banned From Building China Factories – BBC
US Tech Firms Banned From Building China Factories – BBC

The ban aims to prevent US semiconductor technology from falling into Chinese hands, US Commerce Secretary Gina Raimondo said

Xi Plans China Technology Push as Tensions Rise With US
Xi Plans China Technology Push as Tensions Rise With US

The pledge to intensify the search for core tech breakthroughs comes after last week’s US ban on AI chip exports to China

SK Hynix to Build New $11bn South Korea Memory Chip Factory
China’s Child Smartwatch Market Doubles Over 4 Years – Nikkei
China Blames US For University Server Attack – SCMP
Chips Banned by US in Big Demand from Chinese Researchers
China E-Commerce Giant Shein’s Sales Soar 50% – Pandaily
China Eyes Domestic Solution to US AI Chips Curbs – SCMP
Samsung Admits US Data Breach Saw Customer Data Exposed

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