# Infineon signs multi-year supply agreement with Hyundai and Kia for power semiconductors

Infineon Technologies signed a multi-year supply agreement with Hyundai Motor Company and Kia Corporation for silicon carbide and silicon power semiconductors. Infineon will reserve manufacturing capacity until 2030, with Hyundai/Kia providing financial support.

- Type: Contract
- Announced: 2023-10-18
- Status: announced
- Products: silicon carbide power semiconductors, silicon power modules and chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Kia](https://endata.com/companies/10600.md) (customer)
- [Infineon Technologies AG](https://endata.com/companies/15717.md) (supplier)

## Sources

- [infineon.com](https://www.infineon.com/press-release/2023/infatv202310-006), 2023-10-18: "Infineon stands as a valued strategic partner, boasting steadfast production capabilities and distinct technological prowess within the power semiconductor market."

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