.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
7.4.2023
Canadian Tech Firms Urged to Tap into the Philippine Market: A Win-Win Opportunity for Both Nations
The Philippines has a large and growing market of tech-savvy consumers, as well as a strategic location for businesses looking to expand into Southeast Asia. The government is also very supportive of the tech industry, and the people are very welcoming.
Read More
News
7.4.2023
Siemens Energy onshore wind turbine problems limited
Siemens Energy's onshore wind turbines have quality problems, but impact is limited. Siemens Energy, the world's largest wind turbine maker, warned of quality problems at about 30% of its onshore fleet. However, developers of renewable energy projects say the impact is limited. The problems are not widespread and are unlikely to have a significant impact on the renewable energy industry. Siemens Energy is working to improve its quality control procedures.
Read More
News
7.4.2023
Philippines Seeks Greater Trade Cooperation with Netherlands
The Philippines and the Netherlands are seeking to strengthen their trade relations and explore greater cooperation in various industries, including infrastructure, agriculture, and renewable energy. The two countries have a long history of friendly relations and are committed to promoting economic cooperation. By working together in these key areas, the Philippines and the Netherlands can boost their respective economies and create new opportunities for their citizens.
Read More
News
7.3.2023
Global TV Market Rebounds in Q2 on Rising Panel Prices
Global TV shipments are forecast to reach 46.63 million units in Q2 2023, a 7.5% increase quarter-on-quarter (QoQ) and 2% growth year-on-year (YoY). The uptick in shipments is primarily due to strong stockpiling momentum from Chinese brands for the 618-e-commerce shopping festival, as well as overseas sales of some Chinese brands surpassing expectations.
Read More
News
7.3.2023
DTI Invites Dutch High-Tech, Semiconductor Companies to Set Up Shop in the Philippines
The Philippines is inviting Dutch high-tech and semiconductor companies to set up shop in the country. The Philippines has a skilled workforce, a competitive cost advantage, and a strategic geographic location. The government is also committed to providing support and incentives to attract foreign investment. This is a great opportunity for Dutch companies to tap into the Philippines' growing tech sector.
News
6.30.2023
Connector Market Outlook: Muted Bookings, Weak Demand, and High Inventory Levels
The connector and sensor market are facing challenges due to muted bookings, weak demand, and persistently high inventory levels. While certain sectors, such as AI and ADM orders, exhibit strength, overall market conditions suggest a moderation in shipments for the near future. Stakeholders in the industry must closely monitor market trends, adjust strategies accordingly, and navigate the evolving landscape to maximize opportunities in a challenging environment.
Read More
News
6.30.2023
Micron Technology to Open New Semiconductor Manufacturing Facility in India
Micron Technology, Inc. will build a semiconductor plant in Gujarat, India. The plant will be Micron's first in India and will focus on DRAM and NAND memory products. The plant is ex-pected to be operational in late 2024. The plant is a major boost for the Indian semiconductor industry and is part of Micron's ongoing investment in its global manufacturing capabilities.
Read More
News
6.30.2023
Anti-Pollution Group PCAPI Urges Speedy Incentives for Electric Vehicle
In the battle against air pollution and the urgent need to transition towards sustainable transportation, the Anti-Pollution Group PCAPI continues to champion the cause for speedy incentives to promote the use of electric vehicles (EVs).
Read More
News
6.29.2023
Dongfeng Electric Vehicles Set to Revolutionize the Philippine Market
Exciting news is on the horizon for environmentally conscious drivers in the Philippines, as Dongfeng Electric Vehicles prepares to make its grand entrance into the local market. With a stellar reputation as a global leader in electric mobility, Dongfeng's arrival promises to revolutionize the automotive industry by providing cutting-edge electric vehicle (EV) options to Filipino consumers.
Read More
News
6.29.2023
Tesla Supercharger Network Expands to Include Polestar Vehicles
Polestar joins GM and Rivian in adopting Tesla's Supercharger network, giving Polestar owners access to Tesla's vast network of fast-charging stations.
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)