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Shortage for Automotive Chips Remains a Bottleneck for 2023
The automotive industry is currently facing an unprecedented shortage of integrated circuits (ICs), causing parts shortages at auto plants, extended wait times for certain makes and models, and higher prices for cars not yet considered. To address the issue, automakers have begun stockpiling ICs, shifted production plans, and implemented incentives for suppliers who increase production. IBS Electronics is a reliable provider of alternative components for automotive applications, offering quality products and services at competitive prices. This shortage is expected to constrain auto production well into 2023, and only an improvement in chip manufacturing capacity will mitigate this increasingly critical issue.
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3.6.2024
Robotic Vehicle Processors: Driving the Future of Transportation
The future of transportation is swiftly evolving with the integration of robotic vehicles, marking a significant shift in the automotive industry landscape. As technological advancements continue to accelerate, the market for robotic vehicle processors is poised to skyrocket, projected to reach a staggering US$1 billion by 2034.
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3.6.2024
U.S. Department of Energy Allocates $45 Million to Enhance Energy Sector Cybersecurity
The U.S. Department of Energy (DOE) announced a $45 million investment in cybersecurity projects across six states to safeguard the nation's energy infrastructure from cyberattacks. This investment aims to address the growing threat of cyberattacks targeting critical energy systems like power grids and pipelines.
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3.6.2024
Biden Administration's Revised Approach to EV Sales Targets
The Biden administration plans to ease its proposed annual requirements for cutting tailpipe emissions and increasing EV sales by 2030, following calls from automakers and the UAW to slow down the sales ramp-up due to cost and infrastructure concerns.
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3.5.2024
Kine SIC Semi to Invest $200 Million in High-Tech Chip Factory in Vietnam
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3.5.2024
India's Electronics Industry Attracts Global Giants like Apple and Google
Driven by a growing domestic market, trade tensions, and government incentives, India is attracting major tech companies like Apple and Google to set up electronics production facilities.
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3.5.2024
Vietnam's Semiconductor Industry Sees Rapid Growth Amid Global Shifts
Vietnam is ramping up its semiconductor industry with tax breaks, training, and research to become a major player, aiming to capitalize on global demand and trade tensions, leveraging Vietnam's strengths in education and location attracting major industry players like Nvidia and Samsung.
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3.4.2024
India's New Semiconductor Plants Power Up CG Power, Tata Electronics, and the Nation
The Indian government's approval of new semiconductor facilities is beneficial for domestic companies like CG Power and Tata Electronics. CG Power's new unit is expected to significantly boost their revenue, while Tata Electronics partners with PSMC to establish India's first chip foundry, marking their entry into the global market.
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3.4.2024
Huawei 5.5G Technology Plans to Be Commercialized In 2024
5.5G, the bridge between 5G and 6G, was a hot topic at Mobile World Congress. Huawei unveiled a comprehensive suite of 5.5G solutions, including network infrastructure, core network upgrades, and innovative features like "new call technology" for richer communication experiences.
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3.4.2024
TSMC Opens Its First Chip Manufacturing Plant in Japan
Taiwan Semiconductor Manufacturing Company's (TSMC) subsidiary, Japan Advanced Semiconductor Manufacturing (JASM), opened its first factory in Kumamoto, Japan. The new factory will focus on producing advanced process nodes for AI applications and autonomous driving vehicles.
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2.28.2024
WTO Members Debate Extending Tariff-Free Treatment for Digital Trade
The 13th WTO Ministerial Conference in Abu Dhabi has sparked a contentious debate over extending the tariff-free treatment for digital trade. While some countries argue that the current rules limit their policy flexibility and revenue potential, others fear the potential foregone customs revenues during the peak in digital trade.
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For over 40 years, IBS Electronics Group has provided a broad range of integrated supply chain and electronicsmanufacturing solutions tailored specific to our customer's operations. As your one source for the industry’s top brands all in one place, our engineers specialize in reducing supply chain complexity and are here to provide you with dedicated support from prototype to production.
