What is the prospect of PCB export in China

As an electronic product PCB industry in mainland China has entered a stage of sustained and stable growth.

PCB as an indispensable component in electronic products, with the continuous improvement of science and technology, its demand is stable and will continue to grow. With the increasing output value of PCB in China taking up the proportion of the world, PCB industry in mainland China has entered the stage of sustained and stable growth.

The PCB industry in mainland China has entered a stage of sustained and stable growth.

In the first quarter of 2019, China's total PCB export scale is huge and the export situation is good. According to Zhanxin PCB statistics, China's PCB exports in the first quarter of 2019, from the value of export, the total export scale reached 5.95 billion US dollars, with an average monthly export of nearly 2 billion US dollars.

The PCB industry in mainland China has entered a stage of sustained and stable growth.

Due to the Spring Festival holiday, the amount and scale of PCB port in February 2019 are smaller than those in January and March. In terms of export area, the total export area reached 45 million square meters, among which the PCB export area from January to March was 17.55 million square meters, 11.79 million square meters and 15.66 million square meters respectively, with an average monthly export area of 15 million square meters.

Among them, PCB exports from January to March were $2.162 billion, $1.58 billion, and $2.208 billion, respectively, with an average monthly export of $1.983 billion.

PCB is the total export amount of PCB in the first quarter of 2019 in electronic products

(Unit: $100 million)

Data source: Zhanxin PCB & China Customs

In terms of export area, the total export area is 45 million square meters, among which the PCB export area from January to March is 17.55 million square meters, 11.79 million square meters and 15.66 million square meters respectively, with an average monthly export area of 15 million square meters.

PCB as an indispensable component in electronic products, with the continuous improvement of scientific and technological level, its demand is stable

PCB export area in the first quarter of 2019

(Unit: 10,000 square meters)

Data source: Zhanxin PCB & China Customs

With the further gathering of global PCB manufacturing links to China, the proportion of China's PCB output value in the world will continue to rise, and is expected to rise to more than 60% in five years.

PCB as an indispensable component in electronic products, with the continuous improvement of scientific and technological level, its demand is stable

With the acceleration of the integration of terminal application links, customers have increasingly high requirements on the R&D and production capacity of PCB manufacturers. The market competitiveness of large enterprises will be further enhanced, and the living space of small and medium-sized enterprises will be challenged. At present, about 1500 PCB enterprises will be further integrated, and it is expected that in the next five years, there will be 50-100 enterprises to withdraw or be integrated by merger and acquisition every year.

The PCB industry remains optimistic about the unpredictable environment

The PCB industry's outlook for 2019 is much more conservative than it has been in the past few months, and the uncertainty surrounding the environment is key. For PCB manufacturers, tariffs are not really something to worry about, and the relocation of production capacity is not part of their consideration. Whether the trade war will have an impact on the global economy and make the economy weaker is the key that will really affect the PCB industry.

In addition to the uncertainties in the environment, the stagnant growth of the mobile phone market is also a big problem. Especially, the sales performance of Apple's new phones in 2018 is obviously weak. Under the circumstance of delayed shipment schedule, the revenue of mobile phone softboard manufacturers in November has been affected to some extent. But 2018 has seen early signs of stagnation or recession.

In the case of unclear demand growth and sufficient capacity investment in previous years, PCB industry has become more negative about next year's production expansion plan. Some big factories have said that there will be no large-scale capacity expansion next year, and even stressed that next year will only increase the number of production layers, the total output will not change too much.

However, the rapid development of domestic investment is also noteworthy. Due to sufficient capital, leading groups have made obvious progress in 5G related technologies in the past two years. For example, Shennan Circuit and Hushi Electronics are ready to provide boards for 5G infrastructure construction, which can be shipped at any time.

In addition to continuous progress in technology, enterprise management is also the key to the long-term operation of PCB factories. No matter how the market environment changes, how science and technology evolve, and where the capacity is set, the optimization of production efficiency and the improvement of product yield will always be the most fundamental issues.

After all, PCB is the mother of electronic products. As long as the electronics industry continues to develop, there will always be business opportunities, and if it can survive the trough, it will meet the peak. No matter what changes the industry will have in 2019, the implementation of basic management skills will be the subject of continuous attention of the PCB industry.