Germany’s Altmaier Appeals to Taiwan to Boost Chip Supply

German Economy Minister Peter Altmaier appealed to the Taiwanese government to boost supply for its ailing car industry amid a global shortage of semiconductors and sensors.

Altmaier stressed the importance of semiconductors for the car industry in a letter to Taiwan’s economy minister and deputy prime minister seen by Bloomberg. The current chip shortage endangers the recovery of Germany’s automobile sector and the revitalization of the global economy, Altmaier wrote.