TidalWave's Johnson on China's Reopening

The video discusses the rapid reopening of Shanghai and the broader impact of COVID-19 on China, highlighting the country's swift return to business. It explores the ongoing changes in supply chains across Asia, emphasizing the shift from resiliency to price competitiveness. The discussion also covers China's industrial strategy, including its efforts to attract global business and investment. Finally, the video addresses challenges in the chip industry, focusing on talent shortages and geopolitical pressures, while highlighting TSMC's dominant position and strategic initiatives.

What is the current status of Shanghai and other major cities in China regarding COVID-19 restrictions?

• They are still under strict lockdown.

• They are partially open with some restrictions.

• They have reopened and returned to normal business operations.

• They are planning to reopen in the next few months.

What is the main focus for supply chains in Asia this year compared to last year?

• Price

• Sustainability

• Resilience

• Innovation

Which major companies are expected to bring their talent back to China as business activities resume?

• Microsoft and Facebook

• Apple and Walmart

• Google and Amazon

• Tesla and SpaceX

What is one of the challenges China faces in achieving self-sufficiency in the chip industry?

• Shortage of skilled talent

• Limited market demand

• High production costs

• Lack of raw materials

How is China addressing the talent shortage in the chip industry?

• By importing talent from other countries

• By focusing on other industries

• By reducing the number of chip manufacturing plants

• By setting up more technical schools and partnering with universities

What is TSMC's position in the semiconductor industry?

• It is struggling to maintain its market share.

• It is a new entrant trying to establish itself.

• It is the dominant leader far ahead of its competitors.

• It is the second-largest company after Samsung.

In which new industry is TSMC working to develop updated chips?

• Agriculture

• Healthcare

• Electric vehicles

• Renewable energy