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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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4.15.2024

Intel China Joins Hands with Ecological Partners to Create an Automatic Fare Collection System

Intel collaborated with several companies to develop an Automatic Fare Collection (AFC) system that uses palm vein recognition for urban rail transit, offering advantages over traditional methods like QR codes by being faster, more secure, and not requiring a phone or internet connection. This system is part of Intel's effort to create smart city solutions using cloud computing, edge computing, and AI.
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4.15.2024

Philippines E-boat SESSY: A Sustainable Solution for Eco-Friendly Travel

The Philippines launched a sustainable water transport solution called SESSY, an electric boat that reduces carbon emissions and caters to eco-friendly travel. This collaborative effort between the government and private sector aims to transform maritime transportation with clean electric propulsion, while also boasting features like reconfigurable seating for various activities and prioritizing passenger comfort and safety in future upgrades. 
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4.15.2024

South Korea Eyes $120 Billion Chip Exports as India Joins Semiconductor Race

South Korea aims to export $120 billion in chips annually. They're developing advanced chips and supporting the industry to achieve this. This comes as India preps to enter the chipmaking game. SK hynix, a Korean chip giant, is building a massive fabrication complex to meet the growing demand for chips, crucial for tech devices and more. 
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4.10.2024

Micron Breaks Ground on New $600 Million Plant in Xi’an China

Micron Technology is significantly expanding its presence in Xi'an, China as they've begun construction on a new packaging and testing facility expected for production in 2025 and invested $600 million to build new factories and introduce production lines for various memory products.
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4.9.2024

Impact of Taiwan Earthquake

Taiwan's ambitious focus on intelligent computing was interrupted by a powerful earthquake in early April. While the tremor caused widespread damage and temporary setbacks, the impact on the global chip industry appears to be minimal. Foundries like TSMC experienced minor issues and potential cost increases, while DRAM production saw disruptions, particularly for Micron. Despite these challenges, Taiwan's earthquake preparedness and high industry inventory levels suggest a quick recovery and even potential benefits for the storage industry. 
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4.8.2024

Shanghai Accelerates the Localization Deployment of Intelligent Computing Chips

Shanghai is aiming to be a leader in intelligent computing by developing its own powerful and efficient infrastructure. Their plan involves creating a large domestic intelligent computing network by 2025, focusing on homegrown technologies and chip development. This network will prioritize high-speed data transfer, advanced data storage, and a mix of high-end processing power for different applications. They are also exploring innovative computing architectures to achieve their goals. 
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4.3.2024

Semiconductor Industry Sees Strong Recovery in 2024

After a tough period, a recent report by SEMI shows signs of a strong recovery in 2024 in both electronics and integrated circuit sales. Growth in these industries are likely due to the  improving demand and a return to normal inventory levels. The industry is also seeing positive signs in capital expenditure and factory utilization rates. These dipped a bit in the second half of 2023, but a mild recovery is expected in Q1 2024. Spending on memory and non-memory chip production is expected to rise, and factories are running a little busier, with utilization rates going from 66% to 70%.

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4.3.2024

China's Manufacturing Gains Momentum Driven by Tech and Equipment

China's manufacturing is firing on all cylinders in 2024. Tech leads the way, with semiconductors showcasing a push for domestic chipmaking. Growth extends beyond tech, with drones and traditional sectors like electronics, railways, and aerospace experiencing strong double-digit gains. Green products are booming too, with new energy vehicles and solar materials surging. The good news continues with a 3.6% rebound in industrial exports, reversing an eight-month decline. Even consumer goods are back on track with a growth rebound. 
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4.2.2024

China PC Market Outlook in 2024

Despite a slight decline in Q4 2023, China's tablet market is poised for growth, with Canalys predicting a 4% increase in 2024 and 2025. This surge aligns with the country's digitalization push, with businesses and consumers increasingly turning to tablets. The PC market, while experiencing a Q4 2023 slump, is also expected to rebound, with Canalys forecasting a 3% rise in 2024 and a significant 10% growth in 2025. This suggests a renewed focus on PCs, possibly fueled by commercial sector refresh cycles.
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4.2.2024

Opportunities for the Semiconductor Industry to Soar in Vietnam

Vietnam's semiconductor industry is poised for significant growth, attracting investments from multinational corporations like Samsung, Qualcomm, and Nvidia. Despite the potential, challenges such as a lack of a comprehensive ecosystem and a shortage of skilled labor persist. To address these issues, Vietnam is focusing on developing semiconductor talent through key training institutions and establishing research and manufacturing centers by 2030. 
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