.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
3.20.2024
Foxconn Forecasts Strong Revenue Growth Driven by AI Server Demand
Foxconn, an Apple supplier, expects a significant revenue boost from high demand for AI servers, following a 33% profit surge in Q4. Chairman Young Liu anticipates over 40% revenue growth in the AI server business, aligned with the market's 30% annual growth. Despite projecting strong 2024 growth, Foxconn warns of lower Q1 revenue due to a prior year's post-lockdown sales spike in China. The company also plans to match or exceed 2023's 14% capital expenditure growth, focusing on diversification into electric vehicles and semiconductors.n
.jpg?resizemode=force&maxsidesize=160)
News
3.19.2024
Malaysia Emerges as Global Semiconductor Hub Amidst US-China Trade Tensions
Over the past 18 months, Malaysia has attracted significant investments from semiconductor companies like Micron, Intel, and AMS Osram to diversify their supply chains and mitigate risks from geopolitical uncertainties. Malaysia's focus on moving up the value chain by venturing into higher-value activities like wafer fabrication and integrated circuit design has led to a surge in foreign direct investment, reaching RM60.1 billion in 2023.
Read More
News
3.19.2024
China's Lithium Industry Faces Slowdown as EV Prices Plunge
Chinese lithium mining sector is facing a significant slowdown due to a sharp decline in lithium prices, driven by softening global demand for electric vehicles. This downturn has led to production shutdowns and job cuts worldwide, prompting a re-evaluation of production growth strategies within China. Industry forecasts for China's lithium output growth have been revised downwards, but there remains optimism about the sector's long-term prospects.
Read More
News
3.18.2024
Trends and Forecasts for Smart Home Devices
Discover the latest trends and forecasts in the world of smart home devices with TechInsights' recent report revealing growth of IoT devices in smart homes over the last five years, with a projected doubling again in the next five years.
Read More
News
3.18.2024
How America's Fast-Food Chains Are Supercharging Efficiency
American fast-food chains are set to revolutionize their operations to enhance efficiency and customer satisfaction. From embracing digital transformations to reimagining store formats, these industry giants are setting new standards in quick service restaurant (QSR) efficiency.
Read More
News
3.18.2024
Thái Nguyên Attracts Semiconductor Investors with $10.72 Billion Active FDI Projects
Thái Nguyên province in Vietnam is actively seeking to attract investors, particularly from the United States. With 211 active FDI projects totaling $10.72 billion, the province has implemented measures to improve the investment environment, focusing on administrative reforms and infrastructure enhancements.
Read More
News
3.13.2024
NVIDIA's Strategy in the Ever-Evolving AI Server
North America's top cloud service providers (CSPs) are driving trends in the AI server market, expected to command over 60% of global demand by 2024, favoring servers with NVIDIA GPUs.
Read More
News
3.13.2024
Ceramic Substrates Market Poised for Remarkable Growth by 2032
Ceramic substrates market is projected to reach USD 19.35 billion by fueled by advancements in electronics and telecommunications. The shift toward sustainability is driving their adoption and their ability to withstand extreme temperatures and harsh environments while reduces electronic waste
Read More
News
3.12.2024
Chinese Electric Cars Booming in Southeast Asia
The electric vehicle (EV) industry in China has rapidly expanded, establishing itself as a global hub for automotive technology. This growth has extended to Southeast Asia, where significant infrastructure investments are paving the way for increased EV adoption. With rising oil prices driving demand for EVs, Southeast Asia is poised to become a key market for Chinese automotive brands, reshaping the region's automotive landscape.
Read More
News
3.12.2024
Memory Surge Driving Up Global IC Sales in 2024
The global IC industry is poised for a 24% sales growth in 2024, driven by a 71% surge in memory product sales due to limited supply and rising demand. In Q4 2023, global DRAM industry revenue hit US$17.46 billion, with Samsung leading with over 50% revenue growth from increased DDR5 shipments. SK Hynix and Micron also saw growth, but manufacturers are cautious about 2024 demand and plan to continue production reductions to maintain supply-demand balance.
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)