# 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.

- Type: Contract
- Announced: 2023-10-17
- Status: announced
- Products: current sensor integrated circuits
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BMW](https://endata.com/companies/13009.md) (customer)
- [Allegro MicroSystems](https://endata.com/companies/28898.md) (supplier)

## Sources

- [rttnews.com](https://www.rttnews.com/3396986/allegro-microsystems-secures-contract-from-bmw-for-undisclosed-sum.aspx), 2023-10-17: "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."

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