News
Malaysia Emerges as Hub for Semiconductor Manufacturing Amidst Trade Tensions
India's Semiconductor Ambitions Powered by ISM
India Ramps Up Chip Production and Invites Singaporean Investment
Intel China Joins Hands with Ecological Partners to Create an Automatic Fare Collection System
Philippines E-boat SESSY: A Sustainable Solution for Eco-Friendly Travel
South Korea Eyes $120 Billion Chip Exports as India Joins Semiconductor Race
Micron Breaks Ground on New $600 Million Plant in Xi’an China
Impact of Taiwan Earthquake
Shanghai Accelerates the Localization Deployment of Intelligent Computing Chips
Semiconductor Industry Sees Strong Recovery in 2024
After a tough period, a recent report by SEMI shows signs of a strong recovery in 2024 in both electronics and integrated circuit sales. Growth in these industries are likely due to the improving demand and a return to normal inventory levels. The industry is also seeing positive signs in capital expenditure and factory utilization rates. These dipped a bit in the second half of 2023, but a mild recovery is expected in Q1 2024. Spending on memory and non-memory chip production is expected to rise, and factories are running a little busier, with utilization rates going from 66% to 70%.
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.