US-based Micron Technology has finalised strategic customer agreements (SCAs) with seven Tier 1 suppliers and ecosystem partners in the automotive sector.
The partners named are Qualcomm, Visteon, Harman, Joynext, Denso, Astemo and Hyundai Mobis, each described as a major supplier of technology underpinning the automotive ecosystem.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The agreements are structured to give both Micron and its partners “greater visibility” into production planning, alongside closer coordination on upcoming memory and storage needs.
They are intended to add predictability to supply and pricing, which is expected to support investment in technology development, qualification and manufacturing capacity for future vehicle platforms.
Micron chairman, president and CEO Sanjay Mehrotra said: “As vehicles become increasingly intelligent, memory and storage are critical enablers of technology experiences that consumers demand.
“These SCAs with leading automotive technology partners will help ensure that advanced vehicle platforms have the memory and storage capabilities required to deliver richer, safer and more intelligent experiences.”
The SCAs are also meant to secure long-term access to advanced memory and storage technology as vehicles adopt a growing range of AI-enabled features, including in-vehicle infotainment, advanced driver assistance systems and connectivity functions.
Micron said automotive platforms require “consistent, high-quality component supply over extended lifecycles, making continuity and reliability of memory and storage a crucial priority for vehicle production and delivery at scale”.
The move comes after General Motors (GM) signed a separate SCA with Micron earlier this month, locking in longer-term supply of memory and storage products considered significant to vehicle manufacturing and delivery at scale.
That agreement includes closer alignment on future product specifications, system-level optimisation and qualification work covering advanced memory technologies for GM’s next-generation vehicle platforms and development roadmap.
Ford also signed a long-term SCA with Micron in the same month, becoming the second major US automaker, after GM, to reach such an agreement with the chipmaker.
