TSMC: The Hidden Giant of the Global Microchip Industry | Chip War | China vs USA | FD Finance

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TSMC: The Company That Rules the Global Microchip Market | Chip War | FD Finance Watch 'Haier: From small Chinese Fridge Maker to Global Industry Giant' here: https://youtu.be/iZXYJSvXUaE A new world order is taking shape before our eyes. The Covid-19 pandemic showed the extent to which great powers are dependent on strategic products. The persistent shortage of semiconductors, essential to our daily lives, is reshaping geopolitical relations, fuelling inflation and increasing tensions between America and China. It is estimated that 10 million cars worldwide were not produced in 2021 because manufacturers did not have enough semiconductors. From the computer to the toaster via our tablets and our refrigerators, microprocessors or semiconductors equip all our daily devices. They are of national strategic importance powering all advanced military and civilian technologies. Yet while demand for the quantity and quality of semiconductors has been growing, the amount of places they are produced has been shrinking. Only a few countries have the specialised knowledge and ability to produce cutting-edge chips with 63% of all chips produced in Taiwan. That one island, which is already on the frontline of a superpower struggle between the US and China, dominates production means that the world’s economies are dependent on the stability of Taiwan. So what can be done to secure microprocessors? And how is the battle for semiconductors already affecting our daily lives? ▬▬▬▬▬▬▬▬▬ Subscribe Fd Finance for free: https://bit.ly/FD_Finance Facebook: https://bit.ly/2QfRxbG Instagram: https://www.instagram.com/endevrdocs/ ▬▬▬▬▬▬▬▬▬ #FreeDocumentary #FDFinance #tsmc #china #usa #taiwan ▬▬▬▬▬▬▬▬▬ Welcome to FD Finance - Your gateway to the fascinating realms of finance! Immerse yourself in our collection of high-quality financial documentaries, providing not only informative insights but also revealing the stories and backgrounds behind the intricate world of finance. Join us on a journey through the dynamics of the financial world. From historical events shaping the markets to the latest developments and trends – here, you'll gain firsthand knowledge of it all. Understand the complex interplay of the global economy. Follow us behind the scenes of the finance industry: Gain exclusive glimpses into the world of financial institutions and personalities influencing the economy. Our documentaries shed light on the backgrounds and stories often hidden behind headlines. Subscribe to FD Finance and never miss a captivating financial documentary.