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Latest: Fintech News

Huawei to Relaunch 5G Phone Despite US Sanctions – FT
Huawei to Relaunch 5G Phone Despite US Sanctions – FT

Huawei will likely avoid using sanctioned advanced chips and use less advanced alternatives from Chinese companies, the FT said

China Ditched Tacit Agreement on Taiwan Strait: Minister
China Ditched Tacit Agreement on Taiwan Strait: Minister

China has ditched recognition of the median line in the Taiwan Strait, while Taiwan keeps a monthly record of key supplies like food and energy in case of conflict with China, officials said Wednesday

SoftBank Seen Not Proposing Arm Investment To Samsung
SoftBank Seen Not Proposing Arm Investment To Samsung

SoftBank chief Masayoshi Son hasn't proposed that Samsung buy a stake in Arm or make a pre-IPO investment, the JoongAng daily newspaper reported

Apple Asks Suppliers to Shift More Production to India – Nikkei
China’s Chip Industry Struggling to Draw New Students – SCMP
Musk U-Turn: Ready to Buy Twitter if it Drops Legal Case
Apple CEO Tim Cook Voices Doubts About Metaverse – Verge
Samsung to Triple Microchip Production Due to Soaring Demand
US Seen Blocking More Chip Exports From China’s Military
Apple’s Office in Seoul Raided by Korean Regulators – CNet

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