Politics

Germany: Altmaier campaigns for car manufacturers in the chip crisis

The lack of semiconductor products such as microchips and sensors in the German auto industry has brought Germany’s Minister of Economic Affairs Peter Altmaier (CDU) to the scene.

As the “Saarbrücker Zeitung” reported (Saturday), the minister wrote to the Taiwanese government and asked for help in solving the current supply problems. According to the newspaper, the letter is available.

Alongside China, Taiwan is the most important manufacturer of semiconductor elements. The Taiwanese manufacturer TSMC is the central supplier to the German automotive industry.

In the letter to Economics Minister Wang Mei-hua and Vice-Prime Minister Shen Jong-chin, Altmaier recalled the importance of additional semiconductor capacities for vehicle construction, according to the newspaper report. The solution to the supply problems is “of outstanding industrial policy importance” for him, since otherwise the economic corona recovery in the industry would be endangered.

Considerable impairment

The German automotive sector and the branches of industry connected with it are “very important for the revitalization of the world economy”.

The industry association VDA approached Altmaier because the lack of chips is seriously affecting car production. The VDA announced on Tuesday that discussions were in progress with the federal government on how the situation could be defused.

One of the reasons for this is the high demand for semiconductors: the auto business picked up earlier than expected after the Corona slump, while other industries such as entertainment electronics or medical technology also want to be supplied.

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