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
9.18.2023

Malaysia Joins List of Countries Restricting Exports of Rare Metals

Read More
News
9.16.2023

Baidu Remains China Tutoring Tablet Market Leader in Q2 2023

AI-powered tutoring tablets are rapidly gaining popularity in China, driven by the increasing demand for personalized learning and the government's focus on technological innovation in the education sector. The market is expected to continue to grow in the coming years, with consumers increasingly prioritizing screen quality, performance, and content provision and Baidu remains as Tutoring Tablet Market Leader in Q2 2023.
Read More
News
9.14.2023

Huawei Firmly Ranks Top 3 in the Global Ethernet Switch Market in Q2

The worldwide Ethernet switch market grew 38.4% year-over-year in the second quarter of 2023, driven by the easing of supply chain issues and strong demand from the data center segment. Huawei maintained its leading position in the market, with a revenue share of 9.0%.
Read More
News
9.14.2023

TSMC's Equipment Delivery Delays and Packaging Shortages

TSMC is facing delays in equipment deliveries and shortages in advanced packaging materials. This is due to a combination of factors, including the current economic uncertainty and the high demand for TSMC's products. The delays and shortages are likely to have a knock-on effect on other chipmakers and the AI industry as a whole. Consumers and businesses should be prepared for higher prices and longer wait times for electronic products and components.
Read More
News
9.12.2023

Malaysia's MAB Engineering Expands Subang Airport MRO Capacity

MAB Engineering expands Subang Airport MRO with a second hangar, aligning with Malaysia's aviation growth plans. 
Read More
News
9.12.2023

Cellular Connectivity Coming to Toronto Subways by October 3rd

The Canadian government has mandated that all mobile carriers in Toronto provide cellular connectivity to all subway riders by October 3rd in hopes of improving the daily commute experience for millions of passengers and addressing the longstanding issue of limited connectivity in the subway system. The government has also outlined potential penalties for carriers that fail to comply, such as monetary fines, suspension, or even revocation of their spectrum license.
Read More
News
9.11.2023

Tesla's Dojo: Can It Solve Self-Driving Car Problem?

Tesla's Dojo supercomputer is a powerful new innovation that has the potential to revolutionize the self-driving car industry and unlock entirely new market opportunities. Morgan Stanley analysts believe that Dojo could propel Tesla's market value to nearly $600 billion.
Read More
News
9.11.2023

India's EV Dilemma: Gasoline and Diesels Dominate the Automotive Market

India's Road Transport Minister has warned automakers to reduce the production of diesel vehicles with high emissions. The challenge lies in transitioning these commercial and utility vehicles toward more environmentally friendly alternatives without imposing financial burden on their operators. While electric vehicles are slowly gaining traction in India, they only constituted 2.4% of car sales in the first seven months of 2023.
Read More
News
9.11.2023

Key Players in MEMS Market Growth

According to Yole, the MEMS market is expected to grow from US$14.5 billion in 2022 to US$20 billion by 2028, at an annual growth rate of 5%. This growth is being driven by the increasing demand for MEMS in consumer wearables, the telecom industry, and the automotive sector. Other key growth drivers include the industrial sector, the defense and aerospace sectors, and the medical sector.
Read More
News
9.11.2023

China Smartwatch Shipments Rise 5% YoY in Q2 2023

China's smartwatch market saw a 5% YoY growth in shipments in Q2 2023, marking a gradual recovery. The ≤$50 price band's share significantly dropped, while the ≥$500 segment's share rose significantly. The average selling price of global smartwatches is expected to decrease from 2023 to 2028, but the increase in sales means that global smartwatch revenue will increase during this forecast period.
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