Tech News from Asia

China’s great leap forward in technology continues. It says it has a quantum supercomputer able to do calculations much faster than rival supercomputers.

Digital Renminbi: Meanwhile, another Chinese technology is allowing digital renminbi to be transferred just by tapping phones together. Meanwhile, the tech war with the US drags on as Beijing gets rid of 105 apps from its online stores and Washington prepares to delist Chinese companies from the country’s bourses.

Asia’s electronics industry has a happy problem. Stellar demand is leading to a shortage of a wide range of components used in electronics devices, from computers and smartphones to gaming consoles and cars, according to this exclusive in Nikkei Asia.

United Microelectronics, the Taiwanese contract manufacturer, is a case in point. Companies ranging from Intel, the US chipmaker, to leading mobile chipmaker MediaTek and Realtek, a provider of Bluetooth and WiFi chips, are all asking UMC for more support, two people familiar with the matter said.

Key implications: Most of UMC’s capacity is fully booked through the second quarter of next year and some is not available until the end of 2021, the people said.

Most production capacity at Taiwan Semiconductor Manufacturing Co, the world’s biggest contract chipmaker, is also fully booked until about the third quarter, according to two people familiar with the matter, though these orders are still subject to adjustment.

Upshot: The consequences are apparent in a big rise in profitability for key suppliers. Micron, the US’s biggest memory chipmaker, just raised its earnings outlook while many leading display makers — from China’s national champion BOE Technology Group to LG Display of South Korea — reported a significant improvement in earnings for the third quarter of 2020. Micron’s shares hit a 20-year high last week.

Source:  #techAsia <>