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This Year's PCB Production Value is Estimated to Reach NT$ 611.1 Billion


Due to the Uncertainty in the External Environment, This Year's PCB Production Value is Estimated to Reach NT$ 611.1 Billion

Due to the affection by the macro environmental factors such as the unknown China-USA trade agreement, China’s economy slowing down, political disturbances in the UK and France, as well as that the growth of terminal products, such as mobile phones, has slowed down, Taiwan Printed Circuit Association (TPCA) estimated that in 2019, the PCB output value of Taiwanese firms in Taiwan and Mainland China will reach NT$611.1 billion, with a growth of 1.5% compared with last year.
 
TPCA and the Industrial Technology International Department of Industrial Technology Research Institute (ITRI) co-released the production and sales data in 2018 at “Outlook 2019: PCB Industry Key Trends Seminar”. According to the data, in 2018, the output value of the PCB industry of Taiwanese firms in Taiwan and Mainland China reached NT$651.4 billion (approximately US$16.601 billion), increased by 5% compared to NT$619.20 billion in 2017. The output value hit another record, while in 2018 Taiwanese firms was in the leading position with a global market share of 31%.

ITRI analyst Dong Zhong-Ming claimed that in 2018 the global circuit board industry continued growing after 2017, with a growth rate of 6.31%, reaching a record-high output value of $69.1 Billion. He contributed the continuous growth to three reasons (Advanced PCB, Big-data, & Car) and three accidents as in the fall of PC shipment, the short supply of the IC carrier boards and the outbreak growth of Apple Watches, Apple Bluetooth ear pods and other Apple peripheral products.

Benefit from the positive growth of the circuit board industry, PCB equipment and material suppliers had a wonderful performance, with a record-high total output value at home and abroad of NT$958.3 Billions in the PCB industry chain (PCB manufacturing, PCB equipment and PCB materials).

Looking forward to 2019, due to the affection by the macro environmental factors such as the unknown China-USA trade agreement, China’s economy slowing down, political disturbances in the UK and France, as well as that the growth of terminal products, such as mobile phones, has slowed down, it is estimated that in 2019, the PCB output value of Taiwanese firms in Taiwan and Mainland China will reach NT$611.1 billion, with a growth of 1.5% compared with last year.
 
Associate Manager of Garmin*, Lin Meng-Huan responded to the future trend of wearable devices that it would go to a more diverse, the number of production would be less with more various types. We should note that after the regulations become looser and the technique becomes mature, smart wearable devices in medical applications would have a revolutionary breakthrough. Compared to the health check with one-time data, smart wearable devices would accumulate data, which would be much more helpful for in-depth tracking and observation in medical treatments. 

Dong also suggested that the China-US trade war could hardly loosen the status of the “world factory” of Mainland China. The follow-up observation on Mainland China should focus on how the following implement of the industrial standard specification is done and to what extent would the reward and punishment be.

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