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08 Dec
13:43

BMW Group secures direct semiconductor deal with INOVA, GlobalFoundries

BMW Group has struck a deal to secure long-term supply of semiconductors as the supply shortage continues to disrupt production lines across the globe, Kallanish reports. The carmaker announced on Wednesday a trilateral agreement with Germany’s INOVA Semiconductors and the US’s GlobalFoundries for direct supply of “several million microchips per year.” The high-tech, feature-rich chips will be used in the smart LED technology to be first de…
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