ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

TSMC price hike and a bargain-hunting Alibaba

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Hello everyone! This is Cheng Ting-Fang from Taipei, covering semiconductors, supply chain, hardware and tech trends. This week Taiwan -- Asia's key tech economy -- has suffered its worst COVID-19 surge since the pandemic started in 2020, recording more than 65,000 daily confirmed cases, the highest in Asia.

But for executives across the region's tech supply chain, the more immediate challenge is restoring production after severe month-long lockdowns in the greater Shanghai area, the world's most important electronics manufacturing hub. Apple has warned that the lockdowns could cost it up to $8 billion, while Quanta Computer, whose most advanced MacBook production lines are near Shanghai, reported a nearly 40% monthly sales slump from March. It was a similar story for Pegatron, whose most important iPhone assembly plants are near Shanghai: revenue plunged 35% in April from the previous month.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more