Skip to main content
IBS 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
1.9.2024

Canalys expects Mainland China's PC market to grow from Q2 2024

Despite a 16% year-on-year decline in Q3 2023, Mainland China's PC market showed signs of recovery with a 15% sequential increase, driven by desktop demand and seasonal tablet promotions. While notebooks remained weak, Canalys predicts a modest 4% PC market growth in 2024 fueled by commercial sector investments. In the tablet market, Apple and Huawei remain dominant, with continuous digitalization trends driving a projected 5% growth for 2023. 
Read More
News
1.8.2024

Chip Clash Heats Up: China Presses Netherlands After ASML Blocks Key Exports

Tensions escalated between China and the Netherlands after ASML, the world's leading supplier of chipmaking equipment, canceled shipments of critical DUV machines to China at the request of the US. This move, just ahead of a Dutch export ban taking effect, triggered a strong response from Beijing, which accused the Netherlands of being a pawn in a broader US-China tech rivalry.  
Read More
News
1.8.2024

IBM Makes €2.69 Billion Play to Boost AI and Hybrid Cloud with Software AG Acquisition

In a €2.13 billion deal, IBM acquired StreamSets and webMethods, the top integration tools of Software AG, to boost its hybrid cloud and AI offerings. This strategic move strengthens IBM's position in the competitive iPaaS market, allowing it to seamlessly integrate data and applications across hybrid cloud environments and empower enterprises with a powerful platform for leveraging AI. 
Read More
News
1.5.2024

Toyota Recalls 1 Million Vehicles in US Over Airbag Malfunction Risk

Toyota and Lexus are recalling nearly 1 million vehicles in the US due to a faulty passenger seat airbag sensor that could malfunction in an accident and increase injury risk. This latest recall, impacting popular models like the Camry and RAV4, follows on the heels of two other safety issues in recent months and slightly rattled the company's stock. Despite concerns, analysts expect minimal long-term impact, and Toyota's prompt action on the recall should help maintain consumer confidence and ensure driver safety. 
Read More
News
1.5.2024

US DOE Announces $30 Million Boost for High-Performance Computing at X-Ray and Neutron Facilities

The US Department of Energy has awarded $30 million to seamlessly integrate high-performance computing with its leading X-ray and neutron light source facilities. Three key projects, led by Lawrence Berkeley, Argonne, and Stanford Linear Accelerator Center, will tackle challenges at the intersection of these fields, developing real-time data analysis tools, optimization strategies, and user-friendly interfaces to put these powerful capabilities into the hands of researchers, promising groundbreaking discoveries in diverse fields. 
Read More
News
1.5.2024

Tech Stocks Surge on Positive Semiconductor Industry Outlook

Tech stocks on Bursa Malaysia soared on Friday, fueled by an optimistic forecast from US industry group SEMI. The anticipation of record-high semiconductor capacity in 2024 propelled shares of companies like MPI, Inari, and KESM, while the overall tech sector saw significant gains. Despite a cautious outlook from Kenanga Research, the surge suggests potential recovery for the sector in the latter half of the year. 
Read More
News
1.4.2024

India's Ascent in Semiconductor Industry: A Focus on RISC-V Chip Design

Taking a significant stride in the establishment of Outsourced Semiconductor Assembly and Test (OSAT) businesses G S Madhusudan, the CEO of InCore Semiconductors, a Chennai-based startup, has highlighted India's potential to become the epicenter for RISC-V chip design as global companies like Meta expressing interest in RISC-V and signaling a potential shift away from the traditional x86 architecture. 
Read More
News
1.4.2024

Rydberg Technologies Unveils Long-Range Atomic RF Tech

Michigan-based Rydberg Technologies has taken a giant leap forward in quantum communication with its atomic receiver, showcased at a recent U.S. Army event. This miniaturized marvel boasts unprecedented range and resilience, excelling in real-world conditions. Its exceptional sensitivity, signal selectivity, and low detection make it ideal for secure, long-range communication in demanding environments. Rydberg's technology paves the way for a future where quantum-powered RF surveillance, safety, and communication networks operate across a vast spectrum, from traditional frequencies to the frontiers of millimeter-wave and beyond.
Read More
News
1.4.2024

IC Design Houses Surge on Smartphone Stockpiling, Generative AI Boom

The global chip market boomed in Q3 2023, driven by smartphone and laptop stockpiling and surging demand for generative AI hardware. Chipmakers enjoyed a 17.8% revenue increase to US$44.7 billion, with NVIDIA leading the pack thanks to their AI-focused data center business. However, this surge might be short-lived as TrendForce predicts a significant price hike for mobile memory in Q1 2024, potentially dampening consumer demand and slowing the industry's momentum.
Read More
News
1.4.2024

The VR Market Suffered Serious Setbacks in the First Half of 2023

The VR market experienced a significant downturn in the first half of 2023, with global shipments plummeting by 56% compared to the previous year. This decline was particularly striking in the US, where sales of AR and VR devices tumbled by 40%. Meta's Reality Labs division, a major player in VR space, also faced financial difficulties, incurring losses of $3.7 billion in the third quarter alone. Analysts predict that these losses will only worsen in the coming year, casting doubt on the future of the Metaverse business.
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.

Follow Us