German Economy and Climate Protection Minister Robert Habeck delivers his speech during a ceremony for a planned floating LNG terminal in the harbour in Wilhelmshaven, Germany, May 5, 2022. REUTERS/Fabian Bimmer
BERLIN (Reuters) - Germany's government wants to attract chip makers with 14 billion euros ($14.71 billion) in support, Economy Minister Robert Habeck said on Thursday, adding that the lack of semiconductors used in everything from smartphones to cars was a massive problem.
A global chip shortage and supply chain bottlenecks have created havoc for car makers, healthcare providers, telecoms operators and others.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
