.png){kind=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
11.7.2023
Lenovo Remains the No.1 Global Notebook Vendor in Q3 2023
According to the Q3 2023 notebook PC market summary, the market is on a slow path to recovery. The slower rate of decline indicates the market is past its worst. The notebook PC market is expected to grow in 2024, driven by Windows 10 end of service and the refresh cycle generated from early COVID-era PC purchases. Lenovo remains the market leader, while HP is the only other laptop manufacturer to experience year-on-year growth. In the cellular IoT module market, shipments saw a 3% YoY decline in Q2 2023. China Mobile overtook Telit Cinterion to become the third largest player in the global market.
Read More
News
11.6.2023
Biden's AI Safety Executive Order Spurs Mixed Market Response
President Biden's recent executive order on AI safety has sparked mixed reactions in the market. Some support the order, seeing it as a necessary step to ensure the responsible development of AI. Others are concerned about the potential stifling of innovation and government overreach.
Read More
News
11.6.2023
Malaysia's Path to Market Liberalization and EV Ambitions
Malaysia is pursuing market liberalization to boost competitiveness and attract EV investments. Prime Minister Anwar aims to place the country among the world's top 30 economies, welcoming Tesla and exploring battery manufacturing and EV operations with Chinese carmakers.
Read More
News
11.4.2023
Huawei's China Smartphone Sales Growth of 37% YoY in Q3 2023
In a sign that the China smartphone market may be closer to bottoming out, sales fell just 3% year-on-year in Q3 2023, narrowing the year-on-year decline sequentially. However, major OEMs' performance varied significantly compared to the same period last year.
Read More
News
11.2.2023
The Chip Industry's Pursuit of AI Revolutionizes Computing Landscape
The semiconductor industry is undergoing a transformative shift driven by the widespread adoption of AI across diverse applications. To meet the surging demand for AI computing power, chipmakers are heavily investing in developing dedicated AI-specific chips and technologies. Notable collaborations in this realm include Arm and NVIDIA's partnership to adapt NVIDIA TAO for Ethos-U NPUs, and Arm and Meta's collaboration to bring PyTorch to Arm-based mobile and embedded platforms at the edge using ExecuTorch.
Read More
News
11.1.2023
China’s Auto Export Set to Exceed 5 Million in 2023
China's automobile exports are expected to surpass 5 million units in 2023, making it the world's largest automobile exporter. This growth is being driven by the increasing popularity of electric vehicles (EVs), which are expected to account for 40% of China's automobile exports in 2023. The growth trend of China's automobile exports is expected to continue in the coming years, with the overall export volume expected to reach 7.9 million units in 2025, with EVs accounting for over 50%.
Read More
News
10.31.2023
India's Electronics Market Set to Reach $1 Trillion by 2030
India aims to become a $1 trillion electronics market by 2030, driven by factors like a growing domestic market and efforts to develop a semiconductor ecosystem and skilled workforce. The country has advantages such as a tech-savvy population and supportive policies but faces challenges in attracting investments and infrastructure development. The Indian government is taking steps to address these issues, including the Production Linked Incentive (PLI) scheme. The growth of the electronics market will create jobs, boost the economy, and reduce import dependence, while also promoting a domestic semiconductor industry.
Read More
News
10.30.2023
The Investments in China's Internet Data Center Market Is Expected to Reach USD 34 Billion in 2028
China's internet data center market is expected to grow at a CAGR of 2.69% from 2022-2028, driven by the country's large and growing digital economy, the government's support for the industry, and the rapid deployment of 5G services. The government is also targeting carbon neutrality by 2060, which is driving the demand for sustainability in the industry. Operators are adopting renewable sources of power and the government is investing in the growth of computing power and the adoption of advanced technology.
Read More
News
10.30.2023
India Achieves Milestone with First 64GB Memory Chip with Sahasra Semiconductors
Sahasra Semiconductors, based in Bengaluru, has unveiled India's first 64GB memory chip, manufactured using a 10nm process. This achievement highlights India's capability in advanced semiconductor technology and is expected to boost the domestic electronics industry and reduce reliance on imports. The manufacturing facility in Bhiwadi, Rajasthan, is gearing up to reach full capacity in early 2024, signifying a significant investment in India's semiconductor sector.
Read More
News
10.28.2023
Global Smartphone Market Underwent Slight Drop in Q3 2023, TRANSSION Reinforced Its Position within Top Five
The global smartphone market underwent a slight drop of 1% in Q3 2023, but TRANSSION reinforced its position within the top five vendors. TRANSSION has become a leading player in the mobile industries of global emerging markets, and ranked No. 3 in the global mobile phone market in H1 2023 with a 13.9% market share. TRANSSION's smartphone shipments took the top spot in Africa, Pakistan and Bangladesh, and ranked No. 6 in India.
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.
