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Latest: Fintech News

Carbon Fibre Could Boost EV Ranges by 70%, Say Researchers – IE
Carbon Fibre Could Boost EV Ranges by 70%, Say Researchers – IE

Swedish engineers say structural batteries using lightweight electrodes would massively reduce battery mass

‘US to Sanction Prominent Cambodians Tied to Scam Centres’
‘US to Sanction Prominent Cambodians Tied to Scam Centres’

The State Department said in June Cambodian government officials were complicit in trafficking for criminal activities and that some owned facilities used by scam operators

Strong Global EV Sales in August Despite Big EU Slump
Strong Global EV Sales in August Despite Big EU Slump

Sales of EVs and plug-in hybrids were up 20% in August over last year – a fair rise given sales in Europe were the worst since early 2023

Taiwan Riding AI Wave as Exports Hit Record Monthly High
China Won’t Sign Global Pact on Responsible Use of AI in Military
Japan to Build Even More Super Supercomputer – LS
Korea Nabs Ex-Samsung Execs in $3.2bn China Chip Tech Scandal
Huawei Looks to Steal Apple’s Tech Crown With Tri-Fold Phone
Australia Plans Social Media Ban to ‘Get Children Off Devices’
New iPhone Uses Arm Chip Tech as Apple Eye AI Upgrades: FT

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