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Latest: Fintech News

Apple Grapples for Sales as China Phone Market Shrinks
Apple Grapples for Sales as China Phone Market Shrinks

In China, the world's largest smartphone market, total phone shipments this year are expected to be 300 million units, down from about 325 million units last year

Samsung Banks on Chip Demand as Profits Rise 51%
Samsung Banks on Chip Demand as Profits Rise 51%

South Korean electronics giant warns shortage of parts may continue this year

Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ
Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ

Starlink's mini-satellite system provides internet service in Ukraine but officials were trying to clarify how it could be integrated into existing infrastructure

PayPal, Apple Pay Accused of Patent Breaches by US Fintech
Samsung to Take Green Power Pledge in Shift to Renewable Energy
China’s DJI Halts Drone Sales in Russia, Ukraine Over War Risks
South Korea’s SK Hynix Doubles Profit on Strong Chip Demand
Huawei Looks at 5G, Cloud as Path Beyond Sanctions
Chinese Authorities Raid Fake Products as Amazon Cracks Down
China Study Shows Flaw in Self-Driving Cars – New Scientist

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