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Shortage for Automotive Chips Remains a Bottleneck for 2023
The automotive industry is currently facing an unprecedented shortage of integrated circuits (ICs), causing parts shortages at auto plants, extended wait times for certain makes and models, and higher prices for cars not yet considered. To address the issue, automakers have begun stockpiling ICs, shifted production plans, and implemented incentives for suppliers who increase production. IBS Electronics is a reliable provider of alternative components for automotive applications, offering quality products and services at competitive prices. This shortage is expected to constrain auto production well into 2023, and only an improvement in chip manufacturing capacity will mitigate this increasingly critical issue.
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3.20.2024
India's Investing in Semiconductor FAB Units for Supply Chain Resilience
India is diversifying its economy by investing heavily in the semiconductor industry, aiming to establish itself in the global supply chain with $10 billion investment for the development of 'FAB units' for chip manufacturing.
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3.20.2024
India Powers Up Domestic Chip Industry with First Futurelabs Center
India has launched its first Futurelabs center at C-DAC Thiruvananthapuram, led by Minister Rajeev Chandrasekhar, to foster a robust ecosystem for semiconductor chip systems within India, focusing on design, manufacturing, and research. The center will provide resources and training for engineers and startups to develop customized chips, reducing dependence on imports with collaborations with major industry players like NXP, Tenstorrent, and Qualcomm signal growing momentum in India's chip sector.
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3.20.2024
Foxconn Forecasts Strong Revenue Growth Driven by AI Server Demand
Foxconn, an Apple supplier, expects a significant revenue boost from high demand for AI servers, following a 33% profit surge in Q4. Chairman Young Liu anticipates over 40% revenue growth in the AI server business, aligned with the market's 30% annual growth. Despite projecting strong 2024 growth, Foxconn warns of lower Q1 revenue due to a prior year's post-lockdown sales spike in China. The company also plans to match or exceed 2023's 14% capital expenditure growth, focusing on diversification into electric vehicles and semiconductors.n
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3.19.2024
Malaysia Emerges as Global Semiconductor Hub Amidst US-China Trade Tensions
Over the past 18 months, Malaysia has attracted significant investments from semiconductor companies like Micron, Intel, and AMS Osram to diversify their supply chains and mitigate risks from geopolitical uncertainties. Malaysia's focus on moving up the value chain by venturing into higher-value activities like wafer fabrication and integrated circuit design has led to a surge in foreign direct investment, reaching RM60.1 billion in 2023.
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3.19.2024
China's Lithium Industry Faces Slowdown as EV Prices Plunge
Chinese lithium mining sector is facing a significant slowdown due to a sharp decline in lithium prices, driven by softening global demand for electric vehicles. This downturn has led to production shutdowns and job cuts worldwide, prompting a re-evaluation of production growth strategies within China. Industry forecasts for China's lithium output growth have been revised downwards, but there remains optimism about the sector's long-term prospects.
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3.18.2024
Trends and Forecasts for Smart Home Devices
Discover the latest trends and forecasts in the world of smart home devices with TechInsights' recent report revealing growth of IoT devices in smart homes over the last five years, with a projected doubling again in the next five years.
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3.18.2024
How America's Fast-Food Chains Are Supercharging Efficiency
American fast-food chains are set to revolutionize their operations to enhance efficiency and customer satisfaction. From embracing digital transformations to reimagining store formats, these industry giants are setting new standards in quick service restaurant (QSR) efficiency.
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3.18.2024
Thái Nguyên Attracts Semiconductor Investors with $10.72 Billion Active FDI Projects
Thái Nguyên province in Vietnam is actively seeking to attract investors, particularly from the United States. With 211 active FDI projects totaling $10.72 billion, the province has implemented measures to improve the investment environment, focusing on administrative reforms and infrastructure enhancements.
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3.13.2024
NVIDIA's Strategy in the Ever-Evolving AI Server
North America's top cloud service providers (CSPs) are driving trends in the AI server market, expected to command over 60% of global demand by 2024, favoring servers with NVIDIA GPUs.
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3.13.2024
Ceramic Substrates Market Poised for Remarkable Growth by 2032
Ceramic substrates market is projected to reach USD 19.35 billion by fueled by advancements in electronics and telecommunications. The shift toward sustainability is driving their adoption and their ability to withstand extreme temperatures and harsh environments while reduces electronic waste
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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.
