diff --git a/recipes-ti/ipc/ti-ipc-common.inc b/recipes-ti/ipc/ti-ipc-common.inc
index 07b380fd..50a3eca1 100644
--- a/recipes-ti/ipc/ti-ipc-common.inc
+++ b/recipes-ti/ipc/ti-ipc-common.inc
@@ -1,5 +1,5 @@
 PV = "3.50.04.08"
-INC_PR = "r1"
+INC_PR = "r2"
 
 PACKAGE_ARCH = "${MACHINE_ARCH}"
 COMPATIBLE_HOST ?= "null"
diff --git a/recipes-ti/ipc/ti-ipc.inc b/recipes-ti/ipc/ti-ipc.inc
index 4f68e31d..c1e475f3 100644
--- a/recipes-ti/ipc/ti-ipc.inc
+++ b/recipes-ti/ipc/ti-ipc.inc
@@ -8,8 +8,8 @@ TI_IPC_GIT_URI = "git://git.ti.com/ipc/ipcdev.git"
 TI_IPC_GIT_PROTOCOL = "git"
 TI_IPC_GIT_BRANCH = "3.50"
 
-#Corresponds to 3.50.04.08A
-TI_IPC_SRCREV = "5e72155431e955c5fcba34d844812d234093c846"
+#Corresponds to 3.50.04.08B
+TI_IPC_SRCREV = "292e171b24f7c0f4d2fc20ec53bba17e970552f1"
 
 BRANCH = "${TI_IPC_GIT_BRANCH}"
 SRC_URI = "${TI_IPC_GIT_URI};protocol=${TI_IPC_GIT_PROTOCOL};branch=${BRANCH};name=ipcdev"