1. PCB, also known as a printed circuit board, is often referred to as the “mother of electronic products” due to its widespread use across various fields such as communications, consumer electronics, computers, automotive electronics, industrial control, and defense aerospace. It is an indispensable component in modern electronic information products.
2. In recent years, China’s PCB industry has encountered numerous challenges. From a global perspective, the industry has faced a brief adjustment period due to the global smart electronic products entering an inventory phase. This resulted in a slight decline in total PCB output value from 2015 to 2016, with a gradual recovery beginning in 2017.
1. From the perspective of the domestic small environment, rising labor and material costs, along with increasing pressure on environmental protection, have left PCB companies struggling. Many have faced severe losses due to these dual pressures both domestically and abroad.
2. To escape this predicament, some PCB companies have gradually relocated their factories inland; however, this has not fundamentally resolved the issue. Data from the first three quarters of 2018 show that the electronics industry achieved revenue of 1,357.9902 billion yuan, a year-on-year increase of 16.52%, but net profit was 63.544 billion yuan, marking a year-on-year decrease of 0.86%.
3. The growth rate of revenue and net profit has slowed significantly compared to last year. The industry’s overall performance remains consistent, though internal differentiation is evident. The global information and electronics industry now faces a critical juncture.
4. As a key player in the electronics manufacturing industry chain, PCB companies have a responsibility to create a better environment for the survival and development of downstream industry players. Charging expedited fees has long been a common practice in the PCB industry, as such fees are managed by specialists, increasing costs for PCB companies. Thus, charging expedited fees is understandable.
5. Yet, some innovators break this norm. “The first person to eat crabs is very admirable.” As an Internet proofing factory currently leading globally in PCB proofing speed, JiePei has become the “first” to eliminate rush fees. This shift in convention signifies a new approach and disrupts the traditional industry model, with millions in profit gains reflecting both customer trust and a small contribution to the industry’s advancement.
6. “Responding to all changes with the same,” maintaining the original intention of commitment to the electronics industry and customer care, is essential for thriving in rapidly changing market conditions. Opportunities and challenges coexist.
7. In the current environment of accelerated evolution in 5G network construction, big data, cloud computing, artificial intelligence, and the Internet of Things, the PCB industry will play a crucial role in the electronics industry chain. Over the next five years, the global PCB market is expected to experience moderate growth, with the dynamic environment driving increased PCB demand.
2. In recent years, China’s PCB industry has encountered numerous challenges. From a global perspective, the industry has faced a brief adjustment period due to the global smart electronic products entering an inventory phase. This resulted in a slight decline in total PCB output value from 2015 to 2016, with a gradual recovery beginning in 2017.
1. From the perspective of the domestic small environment, rising labor and material costs, along with increasing pressure on environmental protection, have left PCB companies struggling. Many have faced severe losses due to these dual pressures both domestically and abroad.
2. To escape this predicament, some PCB companies have gradually relocated their factories inland; however, this has not fundamentally resolved the issue. Data from the first three quarters of 2018 show that the electronics industry achieved revenue of 1,357.9902 billion yuan, a year-on-year increase of 16.52%, but net profit was 63.544 billion yuan, marking a year-on-year decrease of 0.86%.
3. The growth rate of revenue and net profit has slowed significantly compared to last year. The industry’s overall performance remains consistent, though internal differentiation is evident. The global information and electronics industry now faces a critical juncture.
4. As a key player in the electronics manufacturing industry chain, PCB companies have a responsibility to create a better environment for the survival and development of downstream industry players. Charging expedited fees has long been a common practice in the PCB industry, as such fees are managed by specialists, increasing costs for PCB companies. Thus, charging expedited fees is understandable.
5. Yet, some innovators break this norm. “The first person to eat crabs is very admirable.” As an Internet proofing factory currently leading globally in PCB proofing speed, JiePei has become the “first” to eliminate rush fees. This shift in convention signifies a new approach and disrupts the traditional industry model, with millions in profit gains reflecting both customer trust and a small contribution to the industry’s advancement.
6. “Responding to all changes with the same,” maintaining the original intention of commitment to the electronics industry and customer care, is essential for thriving in rapidly changing market conditions. Opportunities and challenges coexist.
7. In the current environment of accelerated evolution in 5G network construction, big data, cloud computing, artificial intelligence, and the Internet of Things, the PCB industry will play a crucial role in the electronics industry chain. Over the next five years, the global PCB market is expected to experience moderate growth, with the dynamic environment driving increased PCB demand.
