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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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2.19.2024

Revving Up for Net Zero: Can Electric Vehicles Power India's Clean Future?

India aims for Net Zero emissions by 2070, and electric vehicles (EVs) are seen as key players. EVs eliminate tailpipe emissions, but face challenges like high cost, limited charging stations, and a coal-reliant grid. To overcome these, India needs to make EVs cheaper, build more charging stations, and switch to renewable energy. With these steps, EVs can power India towards a cleaner future.
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2.19.2024

Vietnam Unveils National Semiconductor Strategy in 2024

Vietnam's Minister of Information and Communications, Nguyen Manh Hung, sees the semiconductor industry as crucial for national development, urging domestic companies like FPT to take the lead. He highlights its role in data processing and digital transformation, emphasizing Vietnam's national strategy to nurture talent and become a regional semiconductor hub by 2030.
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2.14.2024

Tata Group Charges Ahead: Semiconductor Fab & 20 GWh Battery Plant to Power Indian EV Hub in Gujarat

Tata Group is making a major push into India's electric vehicle industry by building a semiconductor fabrication plant and a massive 20 GWh battery factory in Gujarat. The new facilities, slated to begin construction this year, aim to establish Sanand, Gujarat as an EV technology hub and support India's ambition to reduce reliance on imports while accelerating the adoption of electric vehicles. 
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2.14.2024

Compound Semiconductor Substrate Market Set to Reach $3.3 Billion by 2029

The compound semiconductor substrate market is poised for substantial growth, expected to reach $3.3 billion by 2029 with a 17% CAGR, according to Yole Development. Compound semiconductor technologies like SiC, GaN, and InP are driving this growth, offering superior performance over traditional silicon-based semiconductors. 
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2.13.2024

Astrobotic Utilizes Ansys Solutions for Lunar Mission Preparation

In preparation for their critical lunar mission, Astrobotic is partnering with Ansys, a leader in simulation software, to optimize their spacecraft's performance. By simulating thermal, structural, and electromagnetic behaviors, Astrobotic can optimize design, communication systems, and overall mission architecture. 
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2.12.2024

China-Based Betavolt Revolutionizes Nuclear Battery Technology

Chinese company Betavolt unveiled a 50-year lifespan nuclear battery, powered by nickel-63 decay and miniaturized with diamond semiconductors. These highly stable, extreme temperature-resistant batteries offer 10x the energy density of lithium batteries and could revolutionize energy storage across consumer electronics, industrial, and military applications. 
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2.12.2024

Inside India's Mobile Revolution:

India's mobile phone production has shot up a staggering 1,700% in just a decade, making it the world's second-largest producer. Government incentives, booming demand, and rising exports fueled this growth. While challenges like R&D gaps and workforce training remain, India's ambitious goals and focus on skilling and tech advancements position it to become a global leader in the industry.
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2.12.2024

Chip Companies Join Forces to Commercialize RISC-V

Five major semiconductor companies formed "Quintauris" to commercialize RISC-V, an open-source chip architecture; aiming to provide flexible hardware solutions for various industries with an initial focus on next-generation vehicles. 
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2.7.2024

Deloitte Launches Atlas AI™ Accelerating Drug Discovery with NVIDIA Partnership

Deloitte introduces Atlas AI™, a game-changer in drug discovery, leveraging Generative AI and NVIDIA technology to streamline research, predict drug-to-protein binding, and conduct 3D simulations. This signifies a major advancement in healthcare, promising faster delivery of life-saving medicines.
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2.7.2024

Extended Reality & VR: From Niche to Mainstream in 2024?

The XR market is bouncing back in 2024, with headset shipments set for a record increase of 3.9 million units, driven by Apple's Vision Pro launch and advancements from established players. The AI server market is also booming, growing 40% thanks to edge AI adoption. While North America reigns supreme, the influx of players and innovation paints a promising future for XR and its supporting semiconductor companies.
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