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Allegro MicroSystems secures contract with BMW for current sensor ICs · Endata

◂ Announcements

Oct 17, 2023CONTRACT

Allegro MicroSystems secures contract with BMW for current sensor ICs

Allegro MicroSystems has secured a contract from BMW as the sole supplier of current sensor ICs for traction inverter systems across BMW's entire battery electric vehicle fleet. The financial terms are undisclosed.

Status

Announced

Productscurrent sensor integrated circuits

CompaniesBMW customer Allegro MicroSystems supplier

Sectors#Semiconductors and Industrial Electronics #Automotive Components

“Allegro MicroSystems, Inc. (ALGM), a semiconductor technology company, announced on Tuesday that it has secured a contract from German automobile major BMW Group as the sole supplier of Current Sensor integrated circuits or ICs for the company's traction inverter systems.”rttnews.com

1 source
rttnews.comAllegro MicroSystems Secures Contract From BMW For Undisclosed SumRTTNews Staff WriterOct 17, 2023

Summarized from public sources; check the original articles before acting on it.

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