PCB industry can be divided into three categories: rigid PCB, FPCB and substrate. And FPCB and substrate are the emerging industries, for there was only rigid PCB in the early stage.

1. GLOBAL AND CHINA ADVANCED RIGID PCB INDUSTRY REPORT, 2014-2015
BY
RESEARCH IN CHINA
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Published: July 2014
No of Pages: 175
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2. GLOBAL AND CHINA ADVANCED RIGID PCB INDUSTRY REPORT, 2014-2015
Synopsis
Global and China Rigid PCB Industry Report, 2014-2015 is primarily concerned about the
followings:
•Overview of global rigid PCB industry
•Analysis of PCB downstream market
•PCB development trend
•Analysis of photoelectricity, laptop computer, auto and memory PCB industry
•Ranking of PCB industry
•33 PCB Companies
PCB industry can be divided into three categories: rigid PCB, FPCB and substrate. And FPCB and
substrate are the emerging industries, for there was only rigid PCB in the early stage. Despite the
rapid growth in FPCB and substrate in recent years, rigid PCB has still occupied over 50% of the
total industry. And quite a few rigid PCB vendors have gained profits that are not less than that of
FPCB and substrate.
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3. GLOBAL AND CHINA ADVANCED RIGID PCB INDUSTRY REPORT, 2014-2015
PCB industry is fairly mature, with the growth rate generally not more than 6%. And the output
value of rigid PCB vendors has long been declining. The year 2012 witnessed a hard time of rigid
PCB vendors at a time when smartphone and tablet PC market showed an unexpectedly rapid
growth, which sent rigid PCB vendors into fierce price war, thus leading to a drop in profit and
revenue. Meanwhile, large PCB companies believed that the traditional rigid PCB had not enough
growth potential so that they were beginning to shift their focus to FPCB and substrate. In 2013,
almost all the rigid PCB vendors outside mainland China turned around, and even better in 2014
with a higher profit.
In the future, large PCB vendors will concentrate on FPCB and substrate while maintain the status
quo for rigid PCB. The major vendors to expand substrate include Unimicron, SEMCO, LG
INNOTEK, AT&S, DAEDUCK, Shennan Circuit, SIMMTECH, and the companies, such as Zhen Ding
Technology, Young Pong and DAEDUCK GDS will go to the field of FPCB. However, only Ibiden will
be committed to development of rigid PCB. In addition, some large vendors go directly into EMS
field, such as Tripod Technology and Hannstar Board, the largest laptop PCB giant. This would
make the future demand and supply of traditional rigid PCB more balanced, but the high-end Any
layer and HDI will be obviously in short supply.
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4. GLOBAL AND CHINA ADVANCED RIGID PCB INDUSTRY REPORT, 2014-2015
In 2014, the accelerated recovery of rigid PCB industry arises out of another reason—the retreat
of Japanese PCB companies.
In November 2013, Japan's Panasonic announced its decision to sharply reduce its PCB capacity
globally, with 90% of its global capacity closed down by Q1 2015. In 2013, Panasonic’s revenue
from PCB business, mainly involved the R&D of ALIVH (Any Layer Interstitial Via Hole) applied in
smartphones, was approximately USD310 million. In March 2013, Panasonic was reported to cut
down its PCB capacity in Taiwan and Vietnam. In mid-March 2012, the company established a
factory in Dayuan Township of Taoyuan County, a move that was designed to compete for HTC
orders. In 2013, however, the shipments of HTC presented a sharp decline, thus resulting in fairly
low capacity utilization, hence the determination to withdraw the market.
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5. GLOBAL AND CHINA ADVANCED RIGID PCB INDUSTRY REPORT, 2014-2015
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