1. The Mobile Phone PCB Market in China
The mobile phone PCB market in China has experienced significant growth in recent years, facilitated by major global mobile phone manufacturers establishing operations in the country. With over 400 million users and a penetration rate expected to rise from 25.9% in 2004 to 30% in 2005, China’s mobile phone market has become a pivotal area for global industry development. The demand for high-end HDI boards for mobile phones has surged, with the global market seeing a 15.1% increase in 2005. As a result, international manufacturers have shifted their production bases to China to capitalize on the vast domestic demand market and reduced production costs. Suppliers in the mobile phone board industry need substantial production capacity to meet the needs of international manufacturers, many of which are concentrated in Asia, especially China.
2. The Automotive Electronics Market in China
The rapid development of China’s auto industry has created a strong application market for automotive electronic products, resulting in rapid growth in both the automotive electronic product market and the auto industry. The market size of China’s automotive electronic products reached 62.43 billion yuan in 2005, marking a 36.3% increase from the previous year. With a compound growth rate of 7.4%, the automotive electronics market is projected to grow from USD 13.9 billion in 2003 to USD 21.5 billion in 2008. The Chinese automotive market has sustained a growth rate of approximately 15% to 20% in recent years, drawing attention from manufacturers in the industry. Notable manufacturers producing automotive boards in China include Huiya, Ruisheng Electronics, Eleanor, Zhanhua, and Meirui Circuit. With the rapid development of automotive electronics, these manufacturers have expanded production and intensified research and development efforts to seize the emerging opportunities in China’s automotive electronics market.