Skip to main content
IBS 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
12.12.2023

Semiconductor Industry Forecasts Strong Rebound in 2024 After Challenging 2023

After a difficult 2023, the global semiconductor market is expected to roar back in 2024, with a projected 16.8% growth and market size reaching a staggering $624 billion. While the memory market's 38.8% decline in 2023 contributed to industry struggles, Gartner forecasts a remarkable 66.3% rebound in 2024, signaling strong recovery and renewed confidence in memory demand.
Read More
News
12.12.2023

Huawei Seeks Stake Sales to Audi and Mercedes for Smart Car IPO

Huawei is seeking to expand its smart car business beyond China by approaching Audi and Mercedes-Benz to acquire stakes in the division. This move is in preparation for an IPO that could value the smart car business at $35 billion, and comes amidst increasing competition in the Chinese market and US sanctions against Huawei.
Read More
News
12.12.2023

Technology Giant Nvidia Sets Sights on Vietnam for Semiconductor Hub

Technology giant Nvidia is setting its sights on Vietnam and its burgeoning semiconductor industry. During a meeting with the Prime Minister, Nvidia CEO Jensen Huang expressed his desire to establish a base in the country, highlighting Vietnam's growing potential in the global chip market.
Read More
News
12.11.2023

Battery Cell Prices Continue to Drop as Demand Softens

Falling lithium, cobalt, and nickel prices have triggered a consistent decline in battery cell costs throughout November. With electric vehicle and energy storage demand softening, battery cell manufacturers are facing reduced capacity utilization and potential production cuts. This downward trend in prices is expected to continue into 2024, benefiting consumers but challenging battery cell suppliers to adapt and remain profitable in the competitive market.
Read More
News
12.10.2023

EV Highway Range Claims Under Scrutiny as Consumer Reports Tests Reveal Big Discrepancies

A recent study by Consumer Reports casts doubt on the real-world range of EVs, revealing significant discrepancies between advertised and actual highway mileage. These findings raise concerns about misleading marketing claims and the need for more accurate testing procedures, potentially impacting consumer trust and accelerating the development of larger batteries and more efficient EV technologies.
Read More
News
12.10.2023

Semiconductor Industry Giants Join Forces to Accelerate Renewable Energy Adoption

Schneider Electric's Catalyze program, uniting industry leaders in transitioning to sustainable energy, takes a major step forward with the addition of Google, ASM, and HP. This collaboration, crucial for combating the industry's significant energy footprint, provides members with technical expertise, financial resources, and collaboration opportunities to drive renewable energy adoption and reduce carbon emissions throughout the semiconductor value chain.
Read More
News
12.6.2023

Dutch Government Approves Chinese-Owned Nexperia's Acquisition of Dutch Startup Nowi

The Dutch government has approved the acquisition of Dutch startup Nowi by Chinese-owned Nexperia. The deal was initially approved in 2022, but the government conducted a retroactive review out of concern for foreign takeovers of sensitive technologies. Nowi develops chips that use ambient sources of electricity to power electronic devices, and Nexperia is a global leader in essential semiconductors. The government's approval signals a balancing act between promoting economic growth through foreign investment and safeguarding national security interests.
Read More
News
12.6.2023

The price of photomasks will rise in 2024 due to Global Shortage

The semiconductor photomask market is booming with prices expected to rise in 2024, as demand from Chinese chip manufacturers and wafer foundries remains strong. Photomask manufacturers are running at full capacity and some Chinese chip companies are willing to pay extra for shorter delivery times.
Read More
News
12.5.2023

South Korea's 8-inch wafer foundry begins to reduce prices by as much as 10%

The global semiconductor industry is facing several challenges, including slowing consumer demand, excess capacity, and rising costs. In response, wafer foundries, such as TSMC, UMC, and Samsung Electronics, are cutting prices and offering diversified profit-sharing models to attract customers. This is putting pressure on South Korean wafer foundries, which are already facing competition from their Chinese counterparts.
Read More
News
12.4.2023

USPTO Streamlines Patent Review for Semiconductor Technologies

The U.S. Patent & Trademark Office (USPTO) has launched the Semiconductor Technology Pilot Program, designed to fast-track patent applications related to semiconductor device manufacturing. With prioritizing semiconductor patent applications, the USPTO aims to reduce U.S. dependence on foreign semiconductor chip supplies while propelling domestic innovation.
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.

Follow Us