The Demand Is Clearer And The PCB Output Value Of Taiwan Businessmen Is Estimated To Increase By 4% This Year

- Mar 03, 2018 -

According to Taiwan media reports, the Taiwan PCB Association (TPCA) held a "Symposium on key Trends in the 2018 PCB Industry" on 1st. Due to the clearer demand for PCBs in 2018, it is estimated that the PCB output value of Taiwan businessmen across the Taiwan Strait will grow by about 4% this year.

According to reports, data provided by the Taiwan PCB Association show that in 2017, Taiwan businessmen's PCB output value on both sides of the strait was NT $619.2 billion, an increase of 9.5% compared with 2016. In 2018, consumer demand grew under the economic recovery in the United States and Europe. It is expected that global electronics will continue to grow and demand for PCB will also show a clearer picture, conservatively estimated that PCB output across the Taiwan Strait will grow by about 4% in 2018, and that in dollar terms it is expected to grow by more than 5.5%.

Dong Zhongming, a senior analyst at the Industrial Technology Research Institute, said that Taiwan's circuit board manufacturers still hold the leading position with a market share of 31.3%, followed by Japan's 20.5% and mainland's 17.4.The reverse view shows that Japan and South Korea are each affected by different factors and the market accounts for the decline. Mainland firms are still growing strongly.

However, according to the forecast of IEK city of ITRI, although the global PCB production is concentrated in the mainland and the proportion of major PCB producers in India and Southeast Asia is still low, the importance of the Southeast Asian market has gradually increased in recent years. The share is expected to rise from 8.6% on 2014 to 11.5 on 2021.

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