News
Opportunities for the Semiconductor Industry to Soar in Vietnam
Cloud Service Expenditure in Mainland China Is Expected to Increase By 18% In 2024
India's Leap into Semiconductor Sovereignty: The Rise of 'Generation Minus One' Microprocessors
Vietnam's Position in the Semiconductor Chip Race
Semiconductor Industry Sees Strong Recovery in 2024
Zhejiang University Develops Lithium Battery for Extreme Cold Environments
Expanding Solar Energy Across Unexpected Landscapes
India's Investing in Semiconductor FAB Units for Supply Chain Resilience
India Powers Up Domestic Chip Industry with First Futurelabs Center
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
Why We Are One
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.