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Latest: Fintech News

Apple CEO Cook in China, Meets Suppliers Amid Falling iPhone Sales
Apple CEO Cook in China, Meets Suppliers Amid Falling iPhone Sales

Apple is battling depressed smartphone sales in China and rising competition from resurgent domestic rivals like Huawei

US-China ‘Doomsday Scenario’ Unlikely: Nvidia’s Huang – Nikkei
US-China ‘Doomsday Scenario’ Unlikely: Nvidia’s Huang – Nikkei

Nvidia CEO downplayed the risk of conflict and said he saw little chance of being forced to move away from working with Taiwan's TSMC

Global Chip Sector ‘Can Never Return to its Pre-Covid Set-up’
Global Chip Sector ‘Can Never Return to its Pre-Covid Set-up’

Experts say the impact of US chip curbs on China is a 'mixed picture', but there is “no way back” to the global semiconductor ecosystem that existed before the Covid pandemic

BYD to Use Nvidia’s Next-Gen Chips to Elevate Self-Driving Tech
Huawei’s HarmonyOS Set to Overtake Apple iOS in China – Fortune
Large Korean Companies Getting Out of China – Business Korea
SpaceX Building Spy Satellite Network for US Reconnaissance
Tesla Win in India: Govt to Slash EV Import Tax if $500m Invested
Indebted Provinces Seek Help From State Banks in Beijing – FT
As Korea Mulls Joining US Chip War, China Says ‘Don’t Give In’

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