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Latest: Fintech News

Three Detained in Taiwan For Alleged Theft of TSMC Chip Secrets
Three Detained in Taiwan For Alleged Theft of TSMC Chip Secrets

Prosecutors says current and former staff are suspected of breaches of Taiwan's security law. They allegedly sought details on TSMC's most advanced 2nm chip

Japanese Shipbuilder Wins $6.5 Billion Warship Deal With Australia
Japanese Shipbuilder Wins $6.5 Billion Warship Deal With Australia

The deal announced on Tuesday is Tokyo's most significant defence sale since the country ended a military export ban

Chinese Solar Firms Shed 87,000 Workers, And More Will Go
Chinese Solar Firms Shed 87,000 Workers, And More Will Go

The solar sector lost $60 billion last year with over 40 solar firms delisted, acquired or now bankrupt; and another third of production lines are earmarked for downsizing

Japan Debates How to Handle Rushed Tariff Deal With US
Tesla Sales of EVs Made in China Fall by 8.4% in July
China Polysilicon Firms Seek $7bn to Shut a Third of Solar Sector
Cadence and Nvidia Dealings in China Drawing Close Scrutiny
S Korea to Invest $450bn in US Projects, Energy; Gets 15% Tariff
Tariffs Spur Big Tesla Deals With LGES Batteries, Samsung Chips
China’s Leaders Keen to End Vicious Price Wars, Curb Deflation

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