.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
8.17.2023
Early Adopters in Mexico Lend Their Eyes to Global Biometric Project
A new biometric project called Worldcoin is underway in Mexico. The project uses a device called an orb to scan people's irises and create a unique numerical code called an iris code. This code can be used to verify a person's identity online and offline. The project has attracted a number of early adopters in Mexico who are willing to have their eyes scanned in exchange for a cryptocurrency bonus. However, the project has also been met with concerns about the privacy implications of iris scanning. It remains to be seen whether the Worldcoin project will be successful, but it has the potential to be a major development in the field of biometric identification.
Read More
News
8.16.2023
Sahasra Semiconductor to Become India's First Chipmaker
Sahasra Semiconductor, based in Rajasthan, is on track to become India's first chipmaker, set to begin commercial production of domestic memory chips in September or October. The company's assembly and packaging unit will initially focus on basic memory products and expand to advanced offerings. Backed by government incentives, Sahasra aims to reduce India's dependence on semiconductor imports, contributing to self-sufficiency. Despite challenges like capital investment and skilled workforce shortage, the company's ambitious plans could position it as a significant player in the global semiconductor market
Read More
News
8.16.2023
Russia to Launch Lunar Spacecraft in Race to Find Water on Moon
Russia is set to launch its first lunar landing spacecraft in 47 years on Thursday, as it races to be the first power to make a soft landing on the south pole of the moon. The spacecraft, called Luna 25, is designed to land on the moon's south pole and conduct a series of scientific experiments, including searching for water ice. The success of Luna 25 could have a major impact on the future of lunar exploration and the global economy.
Read More
News
8.15.2023
Biden Bans New American Investment in Key Chinese Technology Industries
President Biden has issued an executive order aiming to prevent American investments in critical tech sectors potentially enhancing Beijing's military capacities. The directive covers venture capital and private equity firms targeting funding in areas like semiconductors, microelectronics, quantum computing, and specific AI applications.
Read More
News
8.15.2023
Xiaomi and OPPO Firmly Rank Top 5 in the Global TWS Market in Q2
The global smart audio device market stabilized in Q2 2023 after a sharp decline in Q1. TWS devices remain the most popular type of smart audio device, with Apple, Samsung, and boAt leading the market. Leading vendors are implementing best practices and strategies to remain competitive, such as offering the right products for the right markets and focusing on specific niche markets. Some big players are also focusing on long-term success by investing in research and development.
Read More
News
8.15.2023
Ranked No.212 on the 2023 Fortune Global 500 list, BYD Rolled Off Its 5 Millionth New Energy Vehicle
BYD, the world's leading NEV manufacturer, rolled off its 5 million NEV on August 9th. It took the company 13 years to produce its first million NEVs, 18 months for the next two million, and just 9 months for the most recent 2 million. BYD's NEV sales in 2022 amounted to over 1.86 million, making it the world's leading NEV manufacturer. BYD is committed to its Cool the Earth by 1℃ initiative and will persist in facilitating the progress of the global new energy industry.
Read More
News
8.15.2023
Murata Manufacturing's Growth Strategy in the Philippines Gains Momentum
Japanese electronic parts maker Murata Manufacturing is expanding its operations in the Philippines with a P4.4 billion investment to build a new production building in Tanauan City, Batangas. The new building will be used to produce multilayer ceramic capacitors (MLCCs), which are essential components in a wide range of electronic devices. The expansion is a major vote of confidence in the Philippines' semiconductor industry and is expected to create around 1,000 new jobs. It is also a sign of the Philippines' growing technological capabilities.
Read More
News
8.14.2023
Hyundai and Kia to Expand EV Portfolio in India
Hyundai and Kia, South Korean automotive giants, are expanding their EV portfolios in India to meet the growing demand for EVs in the country. Hyundai will introduce five specialized SUV models and increase its EV charging stations to 439 by 2027. Kia will produce small EVs for the Indian market starting in 2025 and gradually offer other EV models and Purpose Built Vehicles (PBVs). The expansion of Hyundai and Kia's EV portfolios is a positive development for the Indian automotive industry and the environment.
Read More
News
8.14.2023
Powering the Future: How Biden's Clean Energy Initiative is Energizing the Semiconductor Industry
President Biden visited a wind tower manufacturing plant in New Mexico to tout the clean energy boom and the importance of semiconductors to the sector. Wind turbines and solar panels use semiconductors to convert wind and solar power into electricity, and the demand for clean energy is expected to grow, leading to increased demand for semiconductors. The Biden administration has also announced plans to invest $52 billion in semiconductor manufacturing, research, and development.
Read More
News
8.14.2023
Apple’s Smartphone Revenue and Operating Profit Hit Records in Q2 2023 China Ranks No.1 in Shipments
Global smartphone market revenues declined in Q2 2023, but Apple bucked the trend and led the market in terms of revenue and operating profit. Apple's iPhone shipments declined by 3% YoY, but its ASP increased thanks to a growing contribution from the Pro series. China surpassed the United States for the first time as the single market with the largest iPhone shipments in Q2 2023. Apple's iPhone shipments in India also increased by over 50% YoY, making India an important strategic market for Apple.
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.
.png?resizemode=force&maxsidesize=96)