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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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5.14.2024

Lam Research Expands Indian Operations for Semiconductor Fabrication Equipment Components

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5.9.2024

Here Comes 6G: Japanese Tech Consortium Unveils Latest Network Device

A consortium of Japanese tech firms (NTT DOCOMO, NEC, Fujitsu) has unveiled a groundbreaking high-speed 6G device, boasting data speeds 10 times faster than peak 5G and 500 times faster than average 5G downloads. This innovation promises a revolutionary leap in mobile connectivity, with applications in remote work, next-generation communication, and seamless integration of the physical and digital worlds (metaverse). While still under development, experts anticipate advancements that will miniaturize and make the technology more affordable.
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5.8.2024

Honda Bets Big on EVs with $11 Billion Canadian Investment, but Can They Catch Up?

China's domestic new energy car brands are rapidly adopting intelligent vehicles, squeezing out established joint venture brands. Honda, a major automaker, is feeling the pressure in China but is making a $11 billion investment in Canada to build a comprehensive electric vehicle center. While this is a significant step, Honda's broader strategy focusing on North America, a market with lower EV adoption rates and potential economic headwinds, raises questions about their long-term electric vehicle plans.
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5.7.2024

Semiconductors Set for a Major Boost as India Seeks to Accelerate Chipmaking Efforts

India is gearing up to enhance its semiconductor manufacturing sector through a $10 billion incentive plan, aiming to establish itself as a global player in chipmaking. While the country has traditionally relied on imports for semiconductors, recent government initiatives and partnerships with international companies like Foxconn and TSMC are laying the groundwork for significant progress.
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5.7.2024

Nearly 90% of Global Connected Car Sales will equip with 5G connections by 2030

A new report predicts near-universal car connectivity by 2030, with half the connected cars sold between 2024 and 2030 using 5G. This is driven by the need for faster and more reliable connections to support advanced features like autonomous driving and infotainment systems. China is expected to lead the 5G connected car market due to government support and a growing electric vehicle market, while the US will focus on advanced safety features. 4G will still dominate in the early part of this decade, but 5G adoption is expected to grow rapidly as infrastructure expands and use cases become more compelling.

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5.6.2024

Private Players Can Make Space More Accessible say ISRO Chief

The chief of Indian Space Research Organisation recently highlighted the crucial role private companies in making space more accessible. ISRO recognizes that partnering with private firms can spur innovation, streamline development, and offer new services. Initiatives like the Indian National Space Promotion and Authorization Center (IN-SPACe) are fostering these partnerships. Although challenges like regulatory issues remain, this approach promises a more inclusive space industry, benefiting India's economy and advancing global space exploration. 
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5.6.2024

Philippine Electronic Exports in February 2024 Surges: DTI’s Strategic Vision Drives Growth

The Philippine electronics and semiconductor industry rebounded in February 2024, with electronics exports soaring by 12.3%. The government is capitalizing on this growth by implementing initiatives to simplify the export process, strengthen brand identities of Filipino businesses, and educate them on global market opportunities. These efforts aim to solidify the Philippines' position as a major player in the electronics trade and empower Filipino businesses to compete internationally.
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5.3.2024

Navigating Malaysia's Path to Economic Growth through Automation

Malaysia is on the verge of a transformation driven by automation and innovation. The government acknowledges that automation will reshape the job market, but also sees opportunities for Malaysians with the right skills. In order to succeed in the new economy, Malaysia needs to equip its workforce with skills in automation, system management, and artificial intelligence. The government is encouraging SMEs to embrace innovation through collaboration with the Ministry of Science, Technology and Innovation.
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5.3.2024

India's New Directive in Ensuring National Security Through Electronic Component Manufacturing

The Indian government has issued a new directive requiring electronic component manufacturers to integrate national security measures into their operations to protect critical infrastructure in sectors like defense, telecommunications, and energy by embedding security protocols in the manufacturing process, as announced by the IT Secretary of India.

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5.2.2024

Semiconductor Sector Receives Major Boost in India to Accelerate Chip Production

India is ramping up its efforts to strengthen its semiconductor industry, launching a comprehensive initiative aimed at enhancing chipmaking capabilities and reducing reliance on global supply chains. The government's strategy includes substantial financial incentives to attract domestic and international investments, the development of specialized semiconductor parks with advanced facilities, and collaborations with global industry leaders for technology transfer.
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