Skip to main content
IBS Logo

News

Discover The Latest Industry News
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.
Read More
News
5.7.2024

Semiconductors Set for a Major Boost as India Seeks to Accelerate Chipmaking Efforts

India is gearing up to enhance its semiconductor manufacturing sector through a $10 billion incentive plan, aiming to establish itself as a global player in chipmaking. While the country has traditionally relied on imports for semiconductors, recent government initiatives and partnerships with international companies like Foxconn and TSMC are laying the groundwork for significant progress.
Read More
News
5.7.2024

Nearly 90% of Global Connected Car Sales will equip with 5G connections by 2030

A new report predicts near-universal car connectivity by 2030, with half the connected cars sold between 2024 and 2030 using 5G. This is driven by the need for faster and more reliable connections to support advanced features like autonomous driving and infotainment systems. China is expected to lead the 5G connected car market due to government support and a growing electric vehicle market, while the US will focus on advanced safety features. 4G will still dominate in the early part of this decade, but 5G adoption is expected to grow rapidly as infrastructure expands and use cases become more compelling.

Read More
News
5.6.2024

Private Players Can Make Space More Accessible say ISRO Chief

The chief of Indian Space Research Organisation recently highlighted the crucial role private companies in making space more accessible. ISRO recognizes that partnering with private firms can spur innovation, streamline development, and offer new services. Initiatives like the Indian National Space Promotion and Authorization Center (IN-SPACe) are fostering these partnerships. Although challenges like regulatory issues remain, this approach promises a more inclusive space industry, benefiting India's economy and advancing global space exploration. 
Read More
News
5.6.2024

Philippine Electronic Exports in February 2024 Surges: DTI’s Strategic Vision Drives Growth

The Philippine electronics and semiconductor industry rebounded in February 2024, with electronics exports soaring by 12.3%. The government is capitalizing on this growth by implementing initiatives to simplify the export process, strengthen brand identities of Filipino businesses, and educate them on global market opportunities. These efforts aim to solidify the Philippines' position as a major player in the electronics trade and empower Filipino businesses to compete internationally.
Read More
News
5.3.2024

Navigating Malaysia's Path to Economic Growth through Automation

Malaysia is on the verge of a transformation driven by automation and innovation. The government acknowledges that automation will reshape the job market, but also sees opportunities for Malaysians with the right skills. In order to succeed in the new economy, Malaysia needs to equip its workforce with skills in automation, system management, and artificial intelligence. The government is encouraging SMEs to embrace innovation through collaboration with the Ministry of Science, Technology and Innovation.
Read More
News
5.3.2024

India's New Directive in Ensuring National Security Through Electronic Component Manufacturing

The Indian government has issued a new directive requiring electronic component manufacturers to integrate national security measures into their operations to protect critical infrastructure in sectors like defense, telecommunications, and energy by embedding security protocols in the manufacturing process, as announced by the IT Secretary of India.

Read More
News
5.2.2024

Semiconductor Sector Receives Major Boost in India to Accelerate Chip Production

India is ramping up its efforts to strengthen its semiconductor industry, launching a comprehensive initiative aimed at enhancing chipmaking capabilities and reducing reliance on global supply chains. The government's strategy includes substantial financial incentives to attract domestic and international investments, the development of specialized semiconductor parks with advanced facilities, and collaborations with global industry leaders for technology transfer.
Read More
News
5.2.2024

Malaysia Faces Growing Cybersecurity Threats

Malaysia faces a growing cybersecurity threat landscape, with millions of attempted attacks and a lack of preparedness among businesses. While many companies express confidence, reports show a skills gap and outdated security measures leaving them vulnerable. Urgent action is needed from both businesses and the government to invest in advanced solutions and build a more resilient defense. 
Read More
News
5.2.2024

TCL's Q1 2024 TV Shipments Led by Growth in Larger Models

In the first quarter of 2024, TCL Electronics Holdings Limited reported impressive global shipment volume data for their TVs, with a notable 23.1% year-on-year increase in shipments of 65-inch and larger models. The trend towards larger-sized TVs continued to grow, with shipments of 65-inch and above TVs accounting for 23.2% of total shipments and the average TV size increasing to 51.3 inches. Internationally, TCL TVs sized 55 inches and above saw a significant 21.2% year-on-year increase in shipment volumes, with strong growth in Europe, Latin America, and the Middle East Africa regions.
Read More
News
4.30.2024

Global AMOLED Smartphone Panel Market Shows Resilience with 44.6% Year-on-Year Growth

The global AMOLED smartphone panel market is booming, with shipments surging 44.6% year-on-year in Q1 2024. China is taking the lead, with manufacturers there now controlling over 50% of the market share for the first time. Samsung remains a major player but is losing ground to Chinese competitors like BOE, Visionox, and CSOT, all of whom are experiencing explosive growth,
 

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