SK Hynix, the world’s second-largest memory chip manufacturer, is about to reach a long-term agreement with German automotive equipment supplier Bosch, and SK Hynix will provide the latter with automotive memory chips.
A report later on Tuesday quoted an anonymous source in the industry as saying that the two companies are in direct negotiations on SK Hynix’s supply of automotive memory chips to Bosch, with a validity period of 10 years or more. The report did not mention financial details.
SK Hynix will reach an automotive memory chip supply agreement with Bosch, Germany. Both SK Hynix and Bosch declined to comment.
Join us on Telegram
An unnamed source said that Samsung and automotive equipment suppliers Continental Group and Hyundai Motor Group have established a cooperative relationship in the supply of memory chips.
Due to the unprecedented shortage of the half-chip industry, major companies around the world are striving to ensure chip inventory.
