.png){kind=logo}
News
Discover The Latest Industry News
Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
Read More
News
7.10.2024
Chinese LFP Batteries Maintain Cost Advantage Despite US Tariff Increases
Despite the US imposing significant tariff increases on Chinese electric vehicle (EV) batteries, Chinese lithium iron phosphate batteries remain substantially cheaper than US-manufactured ones. The cost of Chinese batteries is still less than half of their American counterparts, even with the tariffs, posing a challenge for US automakers trying to keep EV production costs competitive. Companies like Tesla and LG Energy Solution are investing in domestic LFP production to mitigate this issue, but the transition away from Chinese suppliers will take time and strategic investment.
Read More
News
7.10.2024
Tesla Included in China Jiangsu Government Procurement List
Tesla Model Y has been included in the Jiangsu Provincial Government's new energy vehicle procurement catalog, with a price of 249,900 yuan. This is the first time that Tesla, a foreign-funded new energy vehicle, has been included in the China government procurement list, which is also a major breakthrough in the country.
Read More
News
7.9.2024
AI-Driven Demand Fuels Rebound in Burn-in and Test Sockets Market
The burn-in and test sockets market is set for a significant rebound in 2024, bouncing back from a 17% decline to $1.5 billion in 2023. This resurgence is fueled by the soaring demand for GPUs and DRAM, driven by AI advancements such as ChatGPT. With projections indicating the market will surpass $2 billion by 2029, the recovery is also buoyed by the anticipated growth in semiconductor probe cards and device interface boards. The adoption of high-bandwidth memory, high-performance computing applications, and the rollout of 5G technology are key drivers behind this dynamic growth
Read More
News
7.9.2024
Chief Secretary Singh: Uttar Pradesh on Track to Become India's Semiconductor Hub
Uttar Pradesh is set to become India's next semiconductor hub, according to Chief Secretary Manoj Kumar Singh. The state is leveraging strategic initiatives, robust infrastructure, and a skilled workforce to attract investments and foster innovation. Key developments include financial incentives, improved transportation networks, and specialized training programs in partnership with educational institutions. Strategic partnerships with major semiconductor companies and the establishment of dedicated industrial zones are further driving this transformation. As a result, Uttar Pradesh aims to generate significant economic benefits and position itself as a key player in the global semiconductor market.
Read More
News
7.8.2024
AI Data Centers Could Dramatically Increase U.S. Electricity Consumption by 2030
A recent report from the Electric Power Research Institute (EPRI) forecasts that AI data centers could consume up to 9.1% of the U.S.'s total electricity by 2030, driven by the energy-intensive nature of generative AI technologies. Currently, data centers account for 4% of U.S. electricity usage. The report outlines scenarios for potential consumption rates, highlighting the need for improved efficiency and increased collaboration between data center developers and utilities to manage this surge. Strategies such as enhancing cooling efficiency and utilizing renewable energy sources are recommended to mitigate the impact on the power grid
Read More
News
7.5.2024
Frore Systems Raises $80 Million to Revolutionize AI Cooling Solutions
Frore Systems has secured $80 million in a Series C funding round to scale its operations and expand its product line of AirJet Solid-State Active Cooling solutions. Led by Fidelity Management & Research Company, this funding will help address the growing demand for effective thermal management in AI applications. The AirJet technology, known for its silent, dustproof, and vibration-free cooling, enhances the performance of AI platforms in notebooks, network edge gateways, and data centers by efficiently removing heat without the need for traditional fans. This innovation is critical as AI computing demands are projected to increase significantly by 2030
Read More
News
7.5.2024
TSMC and Samsung's Groundbreaking Advances in Semiconductor Technology
TSMC is on track to start mass production of its advanced 2nm process technology in 2025, featuring gate-all-around nanosheet transistors and backside power delivery for significant performance and efficiency gains. Meanwhile, Samsung is accelerating its semiconductor roadmap, planning to announce its 1nm process next month and targeting mass production by 2026, a year ahead of schedule. These developments highlight the fierce competition and rapid innovation in the semiconductor industry, promising substantial advancements in high-performance and energy-efficient electronics
Read More
News
7.5.2024
China's Manufacturing PMI Remains at 49.5%, Patiently Waiting for a Rebound
China's manufacturing sector held steady in June with continued production growth but faced softening demand, lower raw material inventories, and extended supplier delivery times.
Read More
News
7.4.2024
Optical Transceiver Market Poised for Significant Growth: Driven by AI and Advanced Technologies
The optical transceiver market, which dipped slightly from $11 billion in 2022 to $10.9 billion in 2023, is projected to more than double to $22.4 billion by 2029, driven by key technological advancements and market trends. The increasing adoption of AI is a major factor, as it demands higher data processing capabilities in data centers. The surge in 800G optical module deployment and the transition to 200G/lane ecosystem technologies are also significant contributors. Additionally, robust growth in the Asia Pacific region, fueled by substantial investments from tech giants like Alibaba and Tencent, is boosting the market's expansion
Read More
News
7.2.2024
Apple Promotes Automation of iPhone Assembly and Plans to Cut Workers
Apple is pushing towards significant automation in iPhone production, aiming to cut assembly line workers by up to 50%.This move follows disruptions caused by a worker conflict at a major manufacturer in 2022. Apple is acquiring companies specializing in analyzing assembly lines to improve automation, but initial attempts like automating button installation faced setbacks. Despite these challenges, Apple remains committed to automation, potentially impacting millions of workers in China's manufacturing sector.
Read More
Why We Are One
Don't Stress, Call One IBS
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.
.png?resizemode=force&maxsidesize=96)