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
8.27.2024

Microchip Technology Faces Major Disruption After Cyberattack

Microchip Technology has suffered a significant cyberattack that has disrupted its manufacturing operations. The attack, detected on August 17, 2024, has compromised certain servers and business operations, impacting the company's ability to fulfill orders. The incident has raised concerns among investors and industry stakeholders due to Microchip's critical role in the global semiconductor supply chain. The company is currently investigating the full scope of the attack and its potential financial impact.
Read More
News
8.24.2024

Infineon Technologies Sells Manufacturing Sites in the Philippines and South Korea to ASE Technology

Infineon Technologies has sold its backend manufacturing facilities in the Philippines and South Korea to ASE Technology Holding, allowing Infineon to focus on core competencies like design and innovation, while ASE takes over the manufacturing operations. The sale strengthens the partnership between the two companies and is expected to benefit both in terms of operational efficiency and market position.
Read More
News
8.23.2024

Local Manufacturing Surge to Propel Equipment Vendors Towards ₹25,000 Crore Milestone

 The surge in local manufacturing in India, driven by the government's 'Make in India' initiative and Production Linked Incentive (PLI) schemes, is set to significantly benefit domestic equipment vendors, with projections estimating gains of ₹25,000 crore. This growth is particularly evident in the electronics, automotive, and industrial machinery sectors, where demand for locally sourced components and equipment is rising. To capitalize on this opportunity, vendors are expanding production capacities and investing in innovation. As a result, Indian equipment manufacturers are poised to play an increasingly prominent role in the global supply chain.
Read More
News
8.23.2024

Groq Secures $640 Million in Series D Funding to Advance AI Inference Technology

Groq's Series D funding round signals a significant advancement in the semiconductor industry. By developing custom-designed chips specifically for AI inference, Groq is contributing to the evolution of specialized hardware, driving innovation, and potentially reshaping the competitive landscape. The success of Groq's technology could encourage other semiconductor companies to invest in AI-specific hardware, leading to more efficient and powerful solutions, while also diversifying the supply chain and potentially reducing reliance on a small number of major manufacturers.
Read More
News
8.21.2024

GM China to Cut Jobs, Restructure, and Shift Focus to Electric Vehicle Production

Faced with fierce market competition and challenges from local brands, General Motors announced a series of major adjustment measures to cope with the pressure of declining sales in China, including layoffs, production capacity cuts, and re-evaluation of its product strategy in China.
Read More
News
8.21.2024

The Affordable Electric Vehicle Race: Tesla and GM Struggle While VinFast Leads the Vietnamese Market

VinFast has quickly dominated the Vietnamese market with its affordable VF 5 electric vehicle, while global giants like Tesla and GM struggle to produce budget-friendly EVs. As the competition intensifies, balancing affordability with profitability and meeting consumer demands will be crucial for success. 
Read More
News
8.20.2024

TSMC Purchased Innolux's Factory for NT $3.788 billion to Expand CoWos Packaging Capacity

This acquisition plan is part of TSMC's continued expansion of its advanced packaging capacity, which is expected to continue to expand by 2025. By acquiring Innolux's Tainan plant, TSMC hopes to cooperate with Innolux to expand its layout in advanced packaging. 
Read More
News
8.16.2024

India's Government Invests USD 10 Billion to Build a Self-Reliant Semiconductor Industry

The Indian government has announced a USD 10 billion investment in its semiconductor industry as part of the Semicon India Program, aiming to boost self-reliance and reduce dependency on global suppliers. This initiative includes the establishment of semiconductor fabrication plants (fabs) and offers significant incentives to attract both domestic and international companies, with a focus on building a comprehensive semiconductor ecosystem. Additionally, the government plans to train 85,000 engineers to support this industry's growth. This strategic investment is expected to enhance India's role in the global semiconductor market and contribute to its economic resilience​
Read More
News
8.16.2024

Vietnam: France Eye High Cooperation Prospects in Hydrogen Development

Vietnam and France are enhancing their partnership in hydrogen energy development, highlighted by Hydrogen de France (HDF Energy) inaugurating its first fuel cell factory in Bordeaux, France. This collaboration leverages Vietnam's renewable energy resources to produce green hydrogen, potentially positioning the country as a significant player in the global hydrogen economy. The partnership is expected to drive innovation, support sustainable energy solutions, and strengthen economic and environmental ties between the two nations. 
Read More
News
8.15.2024

JEDEC Nears Finalization of HBM4 Standard and Set to Double Memory Channels

JEDEC is nearing completion of the HBM4 standard, a significant advancement in memory technology. This new standard doubles the number of channels compared to its predecessor, HBM3, dramatically increasing data transfer rates. While HBM4 offers higher capacity and performance, it also requires a larger physical footprint. This breakthrough will revolutionize high-performance computing, particularly in AI and graphics processing, enabling faster processing of complex algorithms and larger datasets. As the industry eagerly awaits the finalization of HBM4, manufacturers and developers are preparing to harness its potential and shape the future of computing.
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