Micron Technology (NASDAQ: MU) has signed Strategic Customer Agreements (SCAs) with seven automotive technology companies to secure long-term memory and storage supply for vehicle platforms, according to a press release dated July 16, 2026.

The agreements cover Qualcomm, Visteon, HARMAN, JOYNEXT, DENSO, Astemo, and Hyundai Mobis — all Tier 1 suppliers and ecosystem partners serving global automotive manufacturers.

The SCAs are intended to provide both Micron and its partners with greater visibility into production planning and future memory and storage requirements. The agreements also establish terms around supply and pricing to support technology development, product qualification, and manufacturing capacity for future vehicle platforms.

Micron said the agreements were among those discussed on its fiscal third-quarter 2026 financial conference call.

"The next phase of automotive innovation will depend on the strength of the ecosystem behind it," said Sanjay Mehrotra, chairman, president and CEO of Micron Technology. "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."

Qualcomm president and CEO Cristiano Amon said the company works with automakers and Tier 1 suppliers to deliver digital cockpit, driver assistance, and connectivity solutions, adding that working with Micron helps provide "the strong technology foundation they need as vehicles become more intelligent and connected."

Hyundai Mobis president and CEO Lee Gyu-suk said the partnership aims to build the foundation for future advanced driver assistance systems and software-defined vehicle architectures.