.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
6.28.2023
Lam Research Launches Semiverse Solutions to Accelerate Semiconductor Innovation
Lam Research Corporation has launched Semiverse Solutions, a physical-virtual ecosystem that aims to accelerate innovation and improve productivity for semiconductor companies. Semi-verse Solutions will focus on developing and delivering solutions and services that enable virtu-al fabrication, including advanced simulations. The company will also focus on educating and training the next generation of semiconductor engineers.
Read More
.jpg?resizemode=force&maxsidesize=160)
News
6.27.2023
China's Mega-Bases of Wind and Solar Power Are Slow to Build
China is the world's leader in renewable energy, but its most ambitious wind and solar projects are taking longer to build than expected. Only one out of four major mega-bases is under construction due to remote locations and government approval process. China remains committed to mega-bases development aiming for 10 operational by 2025 to reduce dependence on fossil fuels.
Read More
News
6.27.2023
Kia Sets its Sights on Electric Vehicle Sales Surge in Ambitious Move
Kia has set its sights on achieving higher sales figures through its entry into the electric vehicle (EV) market. With a strong commitment to sustainable mobility, Kia aims to capitalize on the growing demand for electric vehicles and position itself as a leading player in the EV segment.
Read More
News
6.26.2023
Samsung Plans 2-nm Mobile Chip Production by 2025
Samsung plans to start mass production of 2nm mobile chips in 2025. The chips will offer 12% performance improvement. Samsung's 2nm chips will be manufactured using the company's new gate-all-around (GAA) transistor technology. The production of 2nm chips is a major mile-stone in the semiconductor industry and Samsung's plans to produce them are a sign of the company's commitment to the industry.
Read More
News
6.23.2023
AWS Considers AMD’s New AI Chips for Enhanced Artificial Intelligence Capabilities
Amazon Web Services (AWS) is considering using AMD's AI chips to improve its AI capabilities. AMD's AI chips are designed to handle complex workloads more efficiently, which could give AWS a competitive advantage in the rapidly evolving AI landscape. A partnership between AWS and AMD could benefit both companies and the AI industry.
Read More
News
6.23.2023
Intel Invests $4.6 Billion in New Semiconductor Facility in Poland, Boosting European Chip Production
Intel has announced plans to invest $4.6 billion in a new semiconductor assembly and test facility in Poland. The facility is expected to create 2,000 jobs and increase chip production capacity in Europe. Intel CEO Pat Geisinger cited Poland's infrastructure, talent pool, and favorable government support as reasons for choosing the location.
News
6.23.2023
US New Vehicle Affordability Shows Signs of Improvement in May, Reports Cox Automotive
According to Cox Automotive, the number of median weeks of income required to purchase an average new vehicle declined to 42.9 weeks in May, from 43.0 weeks in April and the peak of 45 weeks in February. The average monthly payment for a new vehicle remained relatively unchanged at $768 in May compared to April.
Read More
.jpg?resizemode=force&maxsidesize=160)
News
6.23.2023
Sales of Electric Heavy Trucks to Soar in China
The sales of electric heavy trucks in China are projected to increase significantly by 2025 and 2030. The government's support for the development of the EV industry has been instrumental in driving the adoption of electric commercial trucks. The projected surge in sales of electric heavy trucks in China represents a significant milestone in the country's journey towards sustainable transportation.
Read More
News
6.22.2023
Chinese NEV Manufacturer, NEO, Implements Price Reduction and Alters Service Policy
Chinese electric vehicle maker Neo announced that it would lower prices for all its models by 6-9% from June 12th. The price cuts will apply to all of Neo’s current models, including the ES6 and ES8 SUVs. Neo also announced that it would end the free battery swapping services to new buyers. The price cuts come as Neo faces mounting pressure over earnings losses and lukewarm sales.
Read More
News
6.22.2023
Automotive Giants Ford and GM See Strong Demand for New Vehicles
The outlook for the automotive industry remains positive, as the strong consumer demand presents an opportunity for Ford, GM, and other automakers to showcase their latest models and technologies. Executives from both companies are optimistic about their full-year performance and believe they could outperform their previous projections if the current demand persists.
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)