Opportunities and Challenges of printed circuit board Factory under Economic Transformation

With China's economic transformation, printed circuit board manufacturers face the challenge of supply-side reforms. LEAPPCB told reporters that many industries are facing the pressure of “decapacity”, but some industries have actively expanded production in recent years under the boost of market demand. This is the basis of the electronics industry-PCB industry.

Printed Circuit board factory

    The development trend of circuit board manufacturers is good, mainly driven by the downstream electronics industry and electronic products. And now China has entered the era of 5G, consumer electronics is facing a new round of development, will inevitably bring greater demand for circuit boards.

    "In consumer electronics, circuit boards are everywhere." Luwis zeng introduced that although the entire market is extremely large, for an operator, if it cannot cooperate with the upstream raw material industry, its development will inevitably be limited. Although circuit boards are closely related to our lives, home appliances, computers, mobile phones, mobile wearable devices, and medical equipment, almost all electronic products, will use circuit boards. However, circuit board manufacturers also face imbalances in the supply and demand of copper foils, glass fiber cloths, and epoxy resins, resulting in price increases for circuit board products. The rise in cost is extremely unfavorable to the circuit board manufacturer. The current price increase of the circuit board will continue.

    Luwis zeng told reporters that leappcb is a private enterprise engaged in R&D, design, production and sales of PCB products. In order to grasp this market opportunity, in addition to expanding production scale, leappcb may have another option. Starting from the R&D aspect, it is possible to maximize the value of material resources by laying out high-end production capacity and increasing the technological content of products to meet the needs of downstream electronics manufacturers. After all, circuit board manufacturers are now faced with the problem of shortage of raw materials, and it is difficult to change for a time.

   Luwis zeng told reporters that the demand in the downstream market is continuing to expand. The rise of new energy vehicles has also aggravated the shortage of circuit boards. According to the analysis of the report, it is expected that the market demand for global printed circuit boards will reach 26.2 billion U.S. dollars by 2020. Moreover, from emerging areas, it can also find new development opportunities for circuit board manufacturers. For example, Apple, Sharp, and Hon Hai have jointly promoted the development of Micro LED display technology. This technology will inevitably create new demand for circuit boards.

    At present, the transformation and upgrading of the circuit board industry has become an inevitable trend. If it is not consistent with the downstream applications, consumer electronics, and the iteration of new energy vehicles, circuit board manufacturers will certainly be abandoned by the times.