.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
7.5.2024
Frore Systems Raises $80 Million to Revolutionize AI Cooling Solutions
Frore Systems has secured $80 million in a Series C funding round to scale its operations and expand its product line of AirJet Solid-State Active Cooling solutions. Led by Fidelity Management & Research Company, this funding will help address the growing demand for effective thermal management in AI applications. The AirJet technology, known for its silent, dustproof, and vibration-free cooling, enhances the performance of AI platforms in notebooks, network edge gateways, and data centers by efficiently removing heat without the need for traditional fans. This innovation is critical as AI computing demands are projected to increase significantly by 2030
Read More
News
7.5.2024
TSMC and Samsung's Groundbreaking Advances in Semiconductor Technology
TSMC is on track to start mass production of its advanced 2nm process technology in 2025, featuring gate-all-around nanosheet transistors and backside power delivery for significant performance and efficiency gains. Meanwhile, Samsung is accelerating its semiconductor roadmap, planning to announce its 1nm process next month and targeting mass production by 2026, a year ahead of schedule. These developments highlight the fierce competition and rapid innovation in the semiconductor industry, promising substantial advancements in high-performance and energy-efficient electronics
Read More
News
7.4.2024
Optical Transceiver Market Poised for Significant Growth: Driven by AI and Advanced Technologies
The optical transceiver market, which dipped slightly from $11 billion in 2022 to $10.9 billion in 2023, is projected to more than double to $22.4 billion by 2029, driven by key technological advancements and market trends. The increasing adoption of AI is a major factor, as it demands higher data processing capabilities in data centers. The surge in 800G optical module deployment and the transition to 200G/lane ecosystem technologies are also significant contributors. Additionally, robust growth in the Asia Pacific region, fueled by substantial investments from tech giants like Alibaba and Tencent, is boosting the market's expansion
Read More
News
7.2.2024
Apple Promotes Automation of iPhone Assembly and Plans to Cut Workers
Apple is pushing towards significant automation in iPhone production, aiming to cut assembly line workers by up to 50%.This move follows disruptions caused by a worker conflict at a major manufacturer in 2022. Apple is acquiring companies specializing in analyzing assembly lines to improve automation, but initial attempts like automating button installation faced setbacks. Despite these challenges, Apple remains committed to automation, potentially impacting millions of workers in China's manufacturing sector.
Read More
News
6.28.2024
Top 5 Wafer Fab Equipment Manufacturers Fell 9% in Q1 2024
Revenues of the world's top five wafer fab equipment (WFE) manufacturers fell 9% year-over-year in the first quarter of 2024 as customers delayed investments in cutting-edge semiconductors, but this was partially offset by strong DRAM demand. Among the top five manufacturers, ASML and Tokyo Electron's revenues fell 21% and 14% year-over-year, respectively. Applied Materials, Lam Research, and KLA all saw single-digit revenue declines compared to 2023.
Read More
News
6.27.2024
Expedera Expands Global Footprint with New Semiconductor IP Design Center in India
Expedera Inc, a leading provider of scalable Neural Processing Unit semiconductor intellectual property, has opened its sixth global development center in Hyderabad, India. This new center aims to address the anticipated shortfall of skilled workers in the semiconductor sector by leveraging India's rich pool of engineering talent and benefiting from the Indian government's $15 billion investment in building a robust semiconductor ecosystem.
Read More
News
6.26.2024
Scale AI Raises $1 Billion to Accelerate Autonomous Vehicle AI Development
Scale AI has raised $1 billion in Series F funding, elevating its valuation to $13.8 billion. This round, led by Accel with participation from new investors like Intel Capital and Amazon, will enhance Scale AI's data labeling and curation platform, crucial for autonomous vehicle development. The funding supports Scale AI's mission to ensure data abundance, which is vital for the continuous scaling and improvement of AI models used by industry leaders such as OpenAI and the Toyota Research Institute.
Read More
News
6.26.2024
Wristwatches Market Shipments to Grow 5% in 2024
According to Canalys: global wearable wristbands market shipments are expected to grow 5% in 2024 to 194 million units. Despite a slight decline of 0.2% in the first quarter of 2024, the market is expected to rebound sharply later in the year, driven by a recovery in smartwatches with 4% growth and the basic watch segment continuing to grow by 10%. However, basic wristbands will continue to shrink by 6% in 2024.
Read More
News
6.25.2024
Foxconn Invests $383 Million in New PCB Manufacturing Plant in Kinh Bắc Industrial Park
Foxconn has invested $383 million to build a new PCB manufacturing plant in the Nam Son - Hap Linh Industrial Park, Bac Ninh Province, Vietnam. The project will produce 2,793,000 printed circuit boards annually, covering an area of 142,693.3 square meters. Since beginning its investments in Vietnam in 2007, Foxconn has now invested a total of $3.2 billion in the country, employing over 60,000 workers across multiple industrial parks.
Read More
News
6.24.2024
Power and RF GaN Markets Set to Soar $1.9 Billion by 2029
The global markets for power and RF Gallium Nitride devices are set to experience significant growth, with power GaN projected to reach over $2.5 billion and RF GaN expected to hit $1.9 billion by 2029. This surge is driven by increasing applications in consumer electronics, automotive, telecom infrastructure, and defense sectors. Key growth drivers include the adoption of GaN technology in fast chargers, electric vehicles, and 5G base stations, alongside innovations and strategic investments by leading companies such as Infineon Technologies and Qorvo
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.
