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Latest: Fintech News

Chinese Smartphone Brands Lead Apple, Samsung in Africa – SCMP
Chinese Smartphone Brands Lead Apple, Samsung in Africa – SCMP

Brands like Tecno, Infinix and iTel, which have never been sold in mainland China, accounted for 48% of the smartphone market in Africa in 2023

Thailand Helps 900 Scam Victims Return From Myanmar to China
Thailand Helps 900 Scam Victims Return From Myanmar to China

Thai police helped transfer 900 Chinese nationals who were stuck in a notorious criminal enclave in eastern Myanmar get flights back to their homeland over the past few days

Google Facing Heat in India Over Removal of Play Store Apps
Google Facing Heat in India Over Removal of Play Store Apps

Information Technology minister said the move on Friday, which follows a long dispute over the group's service fee charges, 'cannot be permitted'

IM Motors Raises $1.1bn in Major China EV Brand Deal
Politics, Protectionism Seen Spurring Biden’s China EVs Probe
China’s AI ‘Supermind’ to Track World’s Top Scientists – Newsweek
Renewable Energy Costs Undercut Coal-Sourced Power – elektrek
China’s Congress Seen Targeting Economic Stability, 5% Growth
India Gives Go-Ahead to $15.2 Billion Triple Chip Plants Plan
Biden Orders Probe Into Data Security Risks From Chinese EVs

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