My original point was that dismissing the technology out of hand because you imagine you could solve the same problem with tiny ICs is probably premature. Dismissing any technology coming to market because you think it doesn't solve any problem is usually a bad idea because it takes non-zero effort and resources to bring anything to market. As a result, if you imagine what something is irrelevant because there are other proven solutions, then take that as a signal to say "Hmmm, what am I missing here?"
> But since the transistors they end up with are orders of > magnitude worse than what the microprocessor age started > with, to me this just shows that this tech is not anywhere > close to practical application.
This doesn't really track though does it? The "first" microprocessor, the 4004 ran at 750kHz max. Most of the challenge here appears to be heat dissipation as plastic melts at a much lower temperature than silicon, but the chemistry is still interesting.
I completely agree that this isn't going to displace servers in the data center any time soon, but I can imagine applications for an all (or nearly all) plastic computer on a flexible plastic substrate.
[1] Their IP (not the reader though) lives on at https://www.e-pi.com/