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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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3.18.2024
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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3.12.2024
Chinese Electric Cars Booming in Southeast Asia
The electric vehicle (EV) industry in China has rapidly expanded, establishing itself as a global hub for automotive technology. This growth has extended to Southeast Asia, where significant infrastructure investments are paving the way for increased EV adoption. With rising oil prices driving demand for EVs, Southeast Asia is poised to become a key market for Chinese automotive brands, reshaping the region's automotive landscape.
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3.12.2024
Memory Surge Driving Up Global IC Sales in 2024
The global IC industry is poised for a 24% sales growth in 2024, driven by a 71% surge in memory product sales due to limited supply and rising demand. In Q4 2023, global DRAM industry revenue hit US$17.46 billion, with Samsung leading with over 50% revenue growth from increased DDR5 shipments. SK Hynix and Micron also saw growth, but manufacturers are cautious about 2024 demand and plan to continue production reductions to maintain supply-demand balance.
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3.12.2024
Vietnam's Semiconductor Industry: Gaining Momentum through Strategic Partnership with US
With the U.S. allocating significant funds for semiconductor development, Vietnam's strategic position in assembly and testing makes it an attractive partner. However, challenges such as rare earth material access persist, underscoring the need for further collaboration and policy initiatives to solidify Vietnam's role in the global semiconductor supply chain.
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3.11.2024
Foxconn Doubles Down on India with New Component Factories
Tech giant Foxconn, a major assembler for Apple, is investing over $1.2 billion in India to set up factories for both iPhone assembly and component production, aiming to diversify production locations away from China while benefiting from India's efforts to boost domestic electronics manufacturing.
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3.11.2024
Industry Leaders Lower Forecasts as MLCC Shipments Expected to Decline 7% in Q1 2024
The tech sector has been significantly affected by the global economic slowdown, prompting industry leaders such as Intel and Texas Instruments to revise their forecasts downward. TrendForce predicts a 7% decline in MLCC shipments for Q1 2024, primarily due to weak global demand.
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3.6.2024
Robotic Vehicle Processors: Driving the Future of Transportation
The future of transportation is swiftly evolving with the integration of robotic vehicles, marking a significant shift in the automotive industry landscape. As technological advancements continue to accelerate, the market for robotic vehicle processors is poised to skyrocket, projected to reach a staggering US$1 billion by 2034.
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3.6.2024
U.S. Department of Energy Allocates $45 Million to Enhance Energy Sector Cybersecurity
The U.S. Department of Energy (DOE) announced a $45 million investment in cybersecurity projects across six states to safeguard the nation's energy infrastructure from cyberattacks. This investment aims to address the growing threat of cyberattacks targeting critical energy systems like power grids and pipelines.
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