# BMW signs chip supply agreements with Inova Semiconductors and GlobalFoundries

BMW has signed direct supply agreements with Inova Semiconductors and GlobalFoundries to guarantee the supply of several million microchips per year for smart LED technology used in the BMW iX and future models.

- Type: Contract
- Announced: 2021-12-13
- Status: announced
- Products: microchips for smart LED technology
- 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

- [automotivelogistics.media](https://www.automotivelogistics.media/supply-chain/bmw-signs-chip-supply-deals-with-inova-and-global-foundries/203870), 2021-12-13: "We are deepening our partnership with suppliers at key points in the supplier network and synchronising our capacity planning directly with semiconductor manufacturers and developers."

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