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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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10.19.2023

Alibaba Cloud, Huawei Cloud and AWS Are Awarded the Champions of "China Cloud Channel Leadership Matrix"

China's cloud channel market is still in its early stages, with a lack of clear understanding of the roles and responsibilities of partners. However, leading cloud vendors have realized the increasing importance of channel ecosystems, especially in acquiring new customers from industries with lower levels of digitalization.
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10.18.2023

Lenovo Topped the Market Rankings in Q3 2023

The worldwide PC market continued to recover in Q3 2023, with sequential shipment growth of 8% and the smallest annual decline in over a year. Notebook shipments remained strong, while desktop shipments continued to decline. Lenovo remained the top vendor, followed by HP, Dell, Apple, and Asus. Pricing pressure remains an issue, but inventory levels have become leaner.
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10.18.2023

LONGi Malaysia Boosts Renewable Energy in Malaysia with Serendah Module Plant Launch

LONGi Malaysia advances sustainable energy with the launch of its RM1.8 billion Serendah Module Plant, underlining Malaysia's drive to be a global trade and industry leader. This step aligns with LONGi's mission, boosting Malaysia's renewable energy sector through innovation and sustainable development.
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10.18.2023

Revolutionizing Waste Management: The Jeram Waste-to-Energy Project

Selangor's Jeram Waste-to-Energy project, starting in 2026, employs advanced tech to process 3,000 tonnes of waste daily, generating 52 MW per hour. This urban-centered initiative reduces land use by up to 80%, emphasizing environmental sustainability.
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10.17.2023

China Plans to Boost Computing Power by 50% The Race to the Future of Computing

China plans to increase its computing power by 50% by 2025, to 300 EFLOPS. This is part of its efforts to become a global leader in AI and other emerging technologies. The Chinese government has pledged to invest 1.5 trillion yuan (US$218 billion) in its computing power sector over the next five years. This investment is expected to drive the development of new industries create new jobs, and make existing industries more competitive.
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10.16.2023

AI Could Soon Consume as Much Electricity as an Entire Country

Artificial intelligence (AI) is transforming many industries and aspects of our lives, but it comes at a cost: energy consumption. A recent report by Alex de Vries, a data scientist at the Central Bank of the Netherlands, found that AI servers could consume between 85 to 134 terawatt hours (TWh) annually by 2027, which is equivalent to about 0.5 percent of the world's current electricity use.
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10.13.2023

China Carmakers Launch into the Smartphone Market

In recent years, Chinese carmakers have been increasingly venturing into the smartphone market. NIO, Xpeng, and Li Auto are just a few of the carmakers that have launched their own smartphones, with the goal of creating a more seamless and integrated user experience between the phone and the car.
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10.13.2023

China's Electronic Information Manufacturing Industry Continued to Recover and Improve

China's electronic information manufacturing industry continued to recover in the first eight months of 2023, with production, exports, profits, and investment all showing improvement. Overall, the recovery of China's electronic information manufacturing industry is gaining momentum, but the industry still faces challenges such as weak global demand and rising costs.
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10.12.2023

The Average Selling Price of Huawei Is The Highest in Q2 2023

The global 5G mobile phone market stagnated in Q2 2023, with shipment volume increasing by 2.3% year-on-year and revenue decreasing by 0.3% year-on-year. The 4G mobile phone market declined further, with shipment volume decreasing by 19% year-on-year and revenue decreasing by 31% year-on-year.
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10.11.2023

200mm Demand Drop to Ease Delivery for Mature Node Chips

A new report by TrendForce predicts a 50% to 60% drop in demand for 200mm wafers as integrated device manufacturers (IDMs) open new fabs. This is good news for companies that have been struggling to get their hands on mature node chips, which are used in a wide range of products from cars and refrigerators to smartphones and computers.
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