The Impact Of The Development Of 5G Industry Chain On The PCB Industry
In July, several A-share listed companies in the A-share market focused on the results reported in mid-2019. In addition to Jinan International, it is predicted that the eight PCB companies in the first half of this year will also maintain a large pre-increase.
The rapid growth of the PCB industry is ostensibly driven by the rapid development of high-performance computers, mobile phones and automotive electronics. On June 6, China's 5G commercial license was released ahead of schedule, and the time points and license attributes exceeded market expectations. Superimposed 5G speed, beautiful semi-annual report card, can not help but let investors have a good view on the prospects of the 2019 PCB industry.
On June 6, China's 5G commercial license was released ahead of schedule, and the time points and license attributes exceeded market expectations. China Mobile pointed out at MWC that the number of 5G base stations in China may reach 300,000 to 500,000 in 2019, of which Huawei's global shipments will exceed 200,000. In terms of communication terminals, 5G mobile phones are expected to accelerate the release and accelerate the maturity of the industry chain.
The 5G industry chain is the main line of the PCB industry in the next two years. Compared to 4G, equipment manufacturers' plans have seen significant changes in PCB usage, materials and technical requirements, significantly increasing the value of single-point PCBs by a factor of two to four. On the terminal side, the follow-up promotion of 5G will promote the demand of the circuit board industry. The antenna module will bring new opportunities for upstream and downstream enterprises of high-frequency substrates; high-performance motherboards will bring new market opportunities for high-end HDI suppliers; CPE will Driving more IOT applications brings new opportunities to markets such as FPC and HDI.
Throughout the historical development, the production capacity of the PCB industry has experienced the industrial transfer path from Europe and the United States to Japan to Taiwan and now to mainland China. China's domestic PCB production value accounts for more than half of the world, but the proportion of domestic PCB manufacturers is still extremely low. Only 37.9% of the output value of China's PCB industry comes from domestic production. The mismatch between the number and income of domestic and foreign companies reflects that the current localization is still insufficient. Compared with the world's leading companies, the scale of Chinese PCB companies has a lot of room for growth.