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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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4.29.2024

SiC Power Devices Market Growth Amidst EV Sales Slowdown

Despite a slowdown in pure electric vehicle sales impacting the SiC supply chain, the latest "2024 Global SiC Power Device Market Analysis Report" by TrendForce Consulting indicates that this technology remains vital for power electronics. SiC continues to advance in automotive and renewable energy applications, driven by the need for high power density and efficiency and the market is projected to reach $9.17 billion by 2028. While short-term challenges persist, long-term prospects remain promising, with industry players aggressively investing in SiC expansion to secure leadership positions in this rapidly growing and competitive market.

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4.25.2024

India's Strategic Ascent in the Global Semiconductor Industry

India is aiming to transform its position in the global semiconductor industry and secure a place among the top five manufacturers by 2029. Through the ambitious "India Semiconductor Mission," backed by $10 billion in incentives, the government plans to attract both global and local players to establish fabrication and design facilities within the country. 
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4.24.2024

Seizing the Opportunity for Semiconductor Industry Development in Vietnam

The semiconductor industry, a sector projected to reach $1 trillion by 2030, is a powerhouse Vietnam aims to tap into, leveraging its political stability, skilled workforce, and growing digital infrastructure. Vietnam plans to invest in research, build high-tech centers, and incentivize businesses through tax breaks and seeking partnerships for knowledge transfer and attracting investment from leading corporations, universities and research institutes to build a strong domestic talent pool through collaboration with businesses. 
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4.24.2024

Navigating the Road Ahead: Establishing Best Practices for the Electric Vehicle Industry

The growing EV sector faces the singular challenge of creating best practices in a rapidly evolving landscape with limited legacy systems to draw from, unlike the well-established internal combustion engine industry. Key areas of focus include advancing battery technology to enhance performance and reduce costs, developing a standardized and accessible charging infrastructure, and shaping regulatory frameworks that promote safety and sustainability.  
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4.24.2024

AI Powers PC Market Rebound for 2024

After eight quarters of decline, PC shipments finally grew 3% year-over-year in Q1 2024, driven by a low base in the previous year and expectations of a fresh replacement cycle. This growth is expected to continue throughout 2024, reaching 3% for the full year. AI PCs are seen as a major factor in this growth, with Lenovo leading the pack and Apple showing stable performance. The second half of 2024 is expected to see a bigger push for AI PCs as chipmakers release new processors. 
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4.23.2024

Tamil Nadu Ascends to the Top in Electronics Exports with Apple's Push in India

Tamil Nadu's recent surge to the top position in India's electronics exports highlights the state's growing prominence within the global electronics supply chain. This rise coincides with Apple Inc.'s strategic expansion in the state, a move driven by the tech giant's desire to diversify its production bases. Beyond Apple, Tamil Nadu's robust infrastructure, including well-connected ports and reliable power supply, has attracted investments from key electronics manufacturers like Foxconn, Wistron, and Pegatron.
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4.23.2024

Vietnam Enters the Chip Race

Vietnam has become a significant player in semiconductor chip exports, ranking among the top 4 Asian countries supplying chips to the US market. However, the majority of chip exports are currently dominated by foreign direct investment (FDI) giants like Samsung and Intel, while domestic enterprises are still in the early stages of laying the groundwork for chip production. Despite challenges, initiatives by companies like Viettel and FPT indicate Vietnam's efforts to enter the chip manufacturing sector, signaling a potential shift towards higher value-added production in the future. 
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4.22.2024

Malaysia Emerges as Hub for Semiconductor Manufacturing Amidst Trade Tensions

Amid US-China trade tensions, Malaysia sees a surge in tech companies relocating, positioning it as a key "China Plus One" destination. With a strong semiconductor legacy and strategic location, Malaysia attracts European investments, bolstering its role in global tech. Prime Minister Anwar Ibrahim's proactive approach underscores Malaysia's commitment to tech prominence. Despite competition, Malaysia aims to boost value-added manufacturing through skilled labor and local integration, supported by government initiatives.
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4.17.2024

India's Semiconductor Ambitions Powered by ISM

India aims to be a major player in the semiconductor industry through the India Semiconductor Mission (ISM). ISM has a budget of $9 Million to build a domestic ecosystem for chip manufacturing and displays. The mission supports building fabs for both semiconductors and displays, along with facilities for next-generation chips and sensors. 
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4.16.2024

India Ramps Up Chip Production and Invites Singaporean Investment

India is intensifying efforts to enhance its chip manufacturing sector, inviting investment from Singaporean businesses. Recent progress includes the arrival of chip-making equipment and plans for three chip factories reflecting shift in India's manufacturing strategy, supported by government incentives and a desire to reduce reliance on chip imports.
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