PCB Tech - Development Narration of PCBA Board Industry

Mainland China has quickly become a major producer of electronic products and PCBs. Due to the domestic market potential and manufacturing advantages, China has attracted foreign investment, which has promoted the multiple growth of the PCB industry in mainland China in just a few years and has developed into the world's largest PCBA producer. In the next few years, China’s PCBA industry will continue to maintain a rapid growth trend, and its global market position will continue to improve; from 2012 to 2017, China’s PCBA output value will grow at a compound annual growth rate of 6.0%, and by 2017, the total output value will reach 28.972 billion U.S. dollars. The proportion of global PCBA output value rose to 44.13%. It can be seen that China's PCBA industry maintains a rapid growth trend. According to CPCA statistics, the number of domestic PCBA industry companies in 2013 was about 1,500, mainly in the Pearl River Delta, the Yangtze River Delta and the Bohai Rim. The output value of PCBA in the Yangtze River Delta and the Pearl River Delta accounts for about 90% of the total output value of mainland China; PCBA production capacity in the central and western regions has also expanded rapidly in recent years. China's PCBA industry is mainly distributed in regions.

The Yangtze River Delta and the Pearl River Delta are areas where domestic electronic technology products are relatively developed, and they are also the birthplaces of IT and PCBA. They enjoy unique advantages in terms of geography, talents, and economic environment, and are currently in the stage of industrial upgrading. PCBA low-end products are gradually shifting to other regions in the mainland, while high-end products and high value-added products continue to be concentrated in the Yangtze River Delta and the Pearl River Delta. In the future, the domestic PCBA industry is likely to form a two-hour economy with the Pearl River Delta and the Yangtze River Delta as high-end PCBA manufacturing and equipment and material research and development bases; the Yangtze River, including Chongqing, Sichuan, Hubei, Anhui and other top 500 electronics companies in the world as the leading two-hour economy Industrial belt; the Bohai Bay Economic Circle led by northern Dalian; and the industrial structure of the Northwest Guangdong Processing Zone after the opening of the Hong Kong-Zhuhai-Macao Bridge. The main product structure of domestic PCBA tends to be diversified and high-end. According to CPCA statistics, various domestic PCBAs have developed significantly since 2000. Among them, the development speed of multilayer boards, HDI boards and flexible boards is higher than the average development speed of the industry. The development speed of double-sided panels is relatively stable. From the perspective of the development trend of domestic PCBA products, the increase in output is slightly lower than the increase in sales, mainly due to the gradual development of the product structure to multi-layer and high-precision. my country's multi-layer boards and HDI boards are in the growth stage of the industry, the scale is constantly expanding, and the technology is becoming more and more mature. Multilayer boards are still the mainstream of market development; while HDI boards are in a period of rapid development driven by the demand for upgrading and upgrading of downstream electronic information products.

Since 2010, the global automotive industry has moved from the electronic generation to the automation generation. It has also become more dependent on electronic detection for active safety and communication applications. In addition, Google’s research and development of driverless cars has made automotive electronics more important. In Taiwan’s PCBA factory, Jingpeng (2355) is currently the leader in automotive panels. It is estimated that the output value of automotive panels in 2013 reached 13.9 billion yuan, a significant increase of 21.93 compared to 2012's 11.4 billion yuan. %, and Jingpeng's statistics for the first quarter of 2014 was 5.193 billion yuan, a record high, with an annual growth rate of 14.14%; at the same time, its after-tax surplus in the first quarter of 2014 reached 502 million yuan, also a record high, Its annual growth rate was 12.72%, and its single-quarter after-tax earnings per share was 1.26 yuan. In the first quarter of 2014, Jingpeng's products were divided by application side, and the proportion of automotive sheet revenue was 72%, which also reached the level of 72% of the average for the whole year of last year. In other PCBA factories such as Xinxing Electronics (3037), Jingcheng Technology (6191), Tripod Technology (3044), Yaohua Electronics (2367) and Jingguo Industry (6108), PCBA factories are vigorously cutting into the automotive board market, and All are striving for this growing market. In the global automobile industry, the automobile industry in 1880 was the generation of internal combustion engines, which entered the electronic world in 1950. Since 2010, it has entered the generation of automation. It has also become more dependent on electronic detection and communication applications, which further promotes The demand for PCBA.

At present, car consumers are most concerned about the four confidential issues of car operation, driving safety, road congestion, and user experience. At present, they must rely on automotive electronics to seek improvements through electronic mechanisms such as autonomous driving, active safety, intelligent safety, and Internet of Vehicles. . In the auto-driving part of the car, the resolution of the currently developed car image lens plus the radar recognition system is not a major problem. In the active safety part of the car, which is the most important part, Hao Fei also emphasized that it is currently in order to prevent locking., PCB electronic power distribution, traction control, reversing video, distance monitoring, lane departure warning, etc. are the most popular., The cost ratio of automotive electronics in the entire vehicle has risen from 22% in 2000 to 35% in 2010, and is expected to reach 50% in 2030. The proportion of automotive electronic products will rise rapidly due to safety performance and drive systems. In addition, the growth of electrical equipment, lighting vehicle electronics and drive system control will be greater.