On May 6, Beijing time, German Economy Minister Robert habeck revealed that he would provide 14 billion euros (about 14.7 billion US dollars, 98 billion yuan) to attract chip manufacturers to Germany. He also said that the shortage of semiconductors has affected everything, including smartphone and car production, which is a big problem.
Due to the shortage of chips and supply chain bottlenecks, automobile manufacturers, medical providers, telecom operators and other enterprises are in big trouble. "It's a lot of money," habek said at the meeting
In February this year, the European Commission formulated a plan to stimulate the development of chip manufacturing industry within the EU. It also proposed to enact new laws to relax the provisions on state donations of chip factories.
In March, Intel announced that it would invest 17 billion euros to build a plant in Magdeburg, Germany. At that time, sources from the German government said that Germany would provide billions of euros as support.
Habek said that although Germany will rely on manufacturers elsewhere to provide components such as batteries, there will be more and more examples like Magdeburg. "We must develop our own strategy to ensure the safety of major raw materials," he said