# BMW signs chip supply deal with INOVA and GlobalFoundries

BMW signed an agreement with INOVA Semiconductors and GlobalFoundries to supply several million semiconductors per year, first deployed in the BMW iX model.

- Type: Contract
- Announced: 2021-12-08
- Status: announced
- Products: semiconductors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md) (supplier)
- [BMW](https://endata.com/companies/13009.md) (customer)
- [INOVA Semiconductors](https://endata.com/companies/59534.md) (supplier)

## Sources

- [reuters.com](https://www.reuters.com/business/autos-transportation/bmw-secures-several-million-chips-per-year-inova-globalfoundries-2021-12-08/), 2021-12-08: "We are deepening our partnership with suppliers at key points in the supplier network... [this] secures our needs for the long term."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.