Automotive memory market in this context can be defined as a part of the overall semiconductor industry that deals with memory products applied in automobiles. The following memory solutions are an essential component for entering, processing and storing data into many car-related applications such as infotainment, ADAS, navigation systems and intracar networks. This trend is more so due to the fact that automobile manufacturers are incorporating more electronics and connectivity functions in modern vehicles and memory solutions that come with faster processing speed, larger storage capabilities and higher reliability are now being sought after.