PCB Tech - Affect the development of PCB design industry

(1) National industrial policy support

Reference Guanyan Tianxia released the "Analysis Report of China's PCB Industry in 2018-Market Operation Trends and Investment Prospects"

The electronic information industry is the strategic, fundamental and leading pillar industry of China's national economy. It is the technical support and material foundation for accelerating industrial transformation and upgrading and the establishment of national economy and social information. It is an important cornerstone to ensure the establishment of national defense and the safety of national information. . As an important part of the electronic information industry, the printed circuit board manufacturing industry is an industry that the Chinese government attaches great importance to and strongly supports. China has issued the "Catalog of High-tech Categories Supported by the State", "Catalog of Encouraging Imported Technologies and Products", "Industrial Structure Adjustment Guidance Catalog (2011)" (revised in 2013), "Key Products and Service Guidance for Strategic Emerging Industries" Policies such as the Catalogue and the Catalogue for the Guidance of Foreign Investment Industries (Revised in 2015) listed PCB industry-related products as key development targets, providing policy support for the further growth of the PCB industry.

In addition, with the introduction of policies such as the "National Integrated Circuit Industry Development Promotion Outline" and "Made in China 2025" from time to time, the integrated circuit industry has gradually become an important growth point for China's electronic information industry. Under the guidance of the National Integrated Circuit Industry Development Steering Group, China has established a national integrated circuit industry fund of 100 billion yuan, and various central authorities have also established integrated circuit funds to promote the establishment of the entire industrial chain and ecological chain. As a key material in the integrated circuit industry chain, packaging substrates also belong to the scope of the national industry policy to encourage and support the development. It is estimated that in the future, the country will introduce more encouraging policies for packaging substrates to provide a better external environment for its rapid growth.

(2) The electronic information industry continues to develop rapidly

The electronic information industry is an important driving force for social and economic development in the world today. Major countries in the world regard the electronic information industry as a key pillar industry. As an important link in the electronic information industry chain, PCB has a strong connection with upstream and downstream industries. In recent decades, the global electronic information industry has developed rapidly, and the scope of the industry has expanded significantly, which has greatly promoted the development of the PCB industry.

2. China's electronic information industry

In the context of the rapid development of the global electronic information industry, China's electronic information industry will continue to adhere to the trend of rapid development. In addition, the rapid development of emerging categories centered on big data, cloud computing, and the Internet of Things also creates new demands for China's electronic information industry, and promotes the development of PCB production from time to time.

(3) Large room for import substitution in the integrated circuit industry

The integrated circuit industry is the center of the information technology industry. Driven by the "Policy + Funds" of the "National Integrated Circuit Industry Development Promotion Outline" and the integrated circuit industry investment fund, the sales growth rate of China's integrated circuit industry in recent years has been much higher than that of the global In the integrated circuit industry, although the scope of China's integrated circuit market is huge, the self-sufficiency rate is still low. According to China Customs statistics, China’s IC imports in 2015 amounted to 230.7 billion U.S. dollars, which has been China’s largest imported goods for many years; the export value was only 69.3 billion U.S. dollars, and the trade deficit is gradually expanding, indicating that China’s integrated circuit industry has a huge market share. Import substitution space.

As a key supporting material in the integrated circuit industry chain, the global share of packaging substrates in mainland China is only 1.23%, of which domestic packaging substrates account for a negligible proportion. However, with the rise of domestic IC design companies such as Shenzhen HiSilicon Semiconductor Co., Ltd. and Spreadtrum Communications Co., Ltd., domestic IC manufacturers such as SMIC and Yangtze Memory Technology Co., Ltd. have established new production capacity from time to time. The advancement of domestic IC packaging and testing companies such as Electronic Technology, Tongfu Microelectronics (002156.SZ) and Huatian Technology (002185.SZ) to advanced manufacturing processes and the downward shift of the packaging industry chain to mainland China, the future of packaging substrate industry transfer space Hongda, domestic packaging substrates usher in good development opportunities.

(4) Chinese industry organizations actively participate in the formulation of international norms

In 2011, China Electronic Circuits Industry Association (CPCA), Japan Electronic Circuits Industry Association (JPCA), Korea Electronic Circuits Industry Association (KPCA) started collaboration on standardized affairs and formed the "CJK Printed Circuit Standardization Working Group" to jointly develop and comply with Northeast Asia and even the world's universal printed circuit board specifications occupy the commanding heights of the PCB industry. The active participation and promotion of China's industry organizations in formulating international standards will benefit the development and overall progress of China's PCB design industry.