[Hot] PCB Will Be Expected To Continue To Grow

     On April 21th, according to TPCA,TPCA specifically invited a senior leader ,  - Yao hua international research authority - Prismark Dr. Jiang Xugao is in-depth discussion on online , look forward to the global PCB market together  in 2021

On Electronic conference, Yao hua  Electronics XZu henghong senior consultant said: Last year was affected by COVID-19, The global economy faces big challenges You can see from the data, global GDP growth was 3.5% last year, but in part of the printed circuit board is green growth of 6.4%

     The causes of this this problem:

First, In terms of demand :  (1)The relationship of epidemic, drive to work at home PC, tablet demand increase, according to the survey a few institutions,  we can see, in the PC growth of more than 11% in the past year, (2) 5 G Has been fermented in 2020 , it takes a lot of traffic storage    a business for itself, the demand is very strong. (3) grew in semiconductor, drive IC board, HDI growth.

    Send，Manufacturing level: 93% of PCB production in, whether in mainland China, Taiwan or the republic of Korea, epidemic prevention controls appropriate, PCB is relatively smaller.

Dr Prismark Jiang Xugao also said that began in 2020, because the new outbreak crown to the upheaval of the global economy, and in this case, the whole PCB industry or the whole electronics industry in 2020 was handed over a very beautiful transcripts. Especially in China, and Taiwan all electronic supply chain, such as TSMC contains Taiwan's packaging company in China, especially in China the whole PCB supply chain in Taiwan, in 2020 as a whole has a very good performance.

     Actually from the perspective of supply and demand, just Xu Zhenghong  senior advisers has already talked about, also can from the point of view of the development of the industry, when the global economy better, PCB industries output value increase, the global economic recession, the output will decline. Weak market demand, excess supply, the price is open, affects the production of PCB overall decline.

    In addition, Because of  the epidemic has disrupted the market, the shortage of the supply chain, due to the uncertainty of the entire supply. Material shortage, prices rise, the whole PCB prices due to unbalanced supply and demand and the increase of industrial output value. There are other factors, causing the whole PCB industry in 2020, nearly 6.4% of growth, so,  the development of the supply chain are more optimistic forecasts in 2021.

 Because of the relatively stable between supply and demand, the demand is very stronger, the market overall inventory relatively lower, so also will cause the entire especially yields rose in the first quarter of this year.

     In  the past 20 years, the size of the whole manufacturing output growth far more than other areas in China, but in 2020, Japan, China Taiwan, South Korea, the main products focus on high-tech content HDI and loading board products, these products are relatively expressed higher growth. Loading board plays a very important role, in the global high-end chip supply and the surface of the city for a far-reaching impact in addition, because of the sino-us trade, technology, science and technology and security, future changes in the PCB industry overall is still concentrated in mainland China, or say there will be some new changes? These will be the new direction of thinking.

     In general, From a demand point of view，  computer related products in 2020 have a more substantial growth. In the future from 2020-2050, the development of the industry is relatively optimistic.

     In the past 20 years related enterprises over-investment, excess capacity; Now slowing expansion trend, also caused the entire price is relatively stable. Another important factor is the material side, because the past is being squeezed from the market, most of the enterprise have been reluctant to invest, then will cause capacity expansion slowed. If you drive the price of raw materials upstream end up or stable, will also promote the stable development of PCB industry as a whole value.

     In addition, because the application continues to expand, the application of HDI growth relatively will be very strong. From the point of view of region, in the past 20 years, China played a very important role, to provide a very good development opportunities and the environment, the entire PCB products and manufacturing, to concentrate in mainland China.

     Entered in 2021, affecting more obviously upon the load board part, continued the trend of very strong growth last year, continued growth this year, demand is still very strong. Auto part section, especially the hot topic of new energy electric vehicles, the growth trend will more clearly in the next few years .

    2021 will be a year full of opportunities.