# Infineon signs multi-year semiconductor supply deal with Hyundai and Kia

Infineon Technologies AG signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for electric cars. Infineon will reserve manufacturing capacity for silicon carbide and silicon power modules and chips until 2030, with financial support from the automakers.

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

## Companies

- [Hyundai](https://endata.com/companies/6090.md) (customer)
- [Kia](https://endata.com/companies/10600.md) (customer)
- [Infineon Technologies AG](https://endata.com/companies/15717.md) (supplier)

## Sources

- [reuters.com](https://www.reuters.com/technology/infineon-signs-semiconductor-supply-deal-with-automakers-hyundai-kia-2023-10-18/), 2023-10-18: "Infineon will build and reserve manufacturing capacity to supply silicon carbide and silicon power modules and chips to Hyundai and Kia until 2030"

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