.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
9.23.2023
China Cloud Infrastructure Services Spend Reached US$8.7 Billion in Q2 2023
The dominant players in mainland China’s cloud infrastructure market remain unchanged in Q2 2023, with Alibaba Cloud, Huawei Cloud and Tencent Cloud leading the way. Together, they accounted for 72% of total cloud expenditure in mainland China.
Read More
News
9.22.2023
DoD Invests in Secure Semiconductors to Strengthen National Security
U.S. Department of Defense (DOD) has announced significant investments in semiconductor research, development, and manufacturing, totaling $2.538 billion. This investment is part of a broader effort to fortify the United States semiconductor industry and safeguard the nation's technological superiority.
Read More
News
9.22.2023
Public EV Charging Infrastructure to Triple by 2026
The global public charging infrastructure for electric vehicles (EVs) is expected to grow rapidly in the coming years, according to Trendforce. By 2026, the number of public charging stations is expected to reach 16 million, a threefold increase from 2023. This growth is being driven by a number of factors, including government incentives, falling battery costs, and increasing consumer demand for EVs.
Read More
News
9.22.2023
Malaysia Inaugurates First Waste-to-Energy Plant to Propel Renewable Energy Drive
Malaysia inaugurated its first waste-to-energy plant at Bukit Tagar EnviroParks, a vital step towards sustainable development. Minister Nga Kor Ming stressed its potential in converting landfills into energy sources, aligning with Malaysia's goal to lead in renewable energy by 2035. The project addresses waste challenges while advancing the nation's renewable energy agenda and carbon reduction efforts.
Read More
News
9.21.2023
Malaysia Unveils National Nuclear Technology Policy 2030 to Foster Socio-Economic Growth
Malaysia's Science, Technology, and Innovation Minister, Chang Lih Kang, introduced the National Nuclear Technology Policy 2030 (DTNN 2030) to optimize nuclear tech for socio-economic growth. Highlighting strategic areas, strategies, and sustainability, the policy targets a 40% increase in nuclear tech use in key sectors like healthcare, agriculture, manufacturing, environment, industry, and safety, aligning with Malaysia's development goals.
Read More
News
9.21.2023
China Wearable Market Bounces Back with 17.3% Growth in Q2 2023
Canalys forecasts the wearables market is poised for sustained growth at a CAGR of 4.1% through to 2027, underpinned by shifting consumer needs. Considering current economic challenges, wearables maintain significant long-term prospects, as consumers value their consistent quality and long-term data benefits.
Read More
News
9.19.2023
ADAS and Electric Vehicles Boost Demand for Passive Components
Passive component makers are looking to the automotive industry to drive second-half revenue growth. The automotive industry is expected to be a major driver of growth for the passive component market in the coming years, due to the increasing adoption of ADAS systems and the growing popularity of electric vehicles. Passive component makers are also looking to other high-margin applications to drive growth, such as industrial and medical applications.
Read More
.jpg?resizemode=force&maxsidesize=160)
News
9.19.2023
Growing Demand for Smartphones Fuel Vietnam's Semiconductors Market
The semiconductors market in Vietnam is projected to grow at a CAGR of 6.12% between 2022 and 2027, driven by the increasing demand for smartphones, smart homes, and IoT devices. Vietnam has one of the fastest rates of smartphone adoption in Southeast Asia, with over 61 million users. The Vietnamese smart home market is also in its early stages of development and is expected to grow significantly over the forecast period.
Read More
News
9.18.2023
EU-China Trade Tensions Rise Over EV Subsidies
The EU is investigating Chinese EV subsidies, concerned that they could distort the EU market and make it difficult for European automakers to compete. The investigation is expected to take up to 13 months, and the outcome is uncertain, but punitive tariffs are being considered. The EV probe will set the agenda for bilateral talks ahead of the annual China-EU Summit. The EU is expected to demand wider access to the Chinese market and a rebalancing of the trade relationship.
Read More
News
9.18.2023
Vietnam Key Player in US Chip Diversification Move
The United States and Vietnam have inked a memorandum of cooperation aimed at bolstering the semiconductor ecosystem in Vietnam while supporting American industry interests. This strategic partnership between the two nations signifies Vietnam's increasing appeal as an investment destination for global semiconductor giants
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.
