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.
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