AI/satellite/vehicle development, Taiwanese PCB output value returns to 800 billion this year

2024/09/20

MoneyDJ Financial Management Network
September 18, 2024
Author MoneyDJ News reporter Wan Huiwen

In the first half of 2024, the cumulative domestic and overseas output value of the Taiwanese PCB industry is estimated to be NT$372.2 billion, an annual increase of 6.0%. Looking forward to the second half of 2024, the Taiwan Circuit Board Association TPCA stated that with the continued growth of the AI, satellite communications and automotive markets development, it is expected to maintain a growth trend, and the total output value for the whole year is expected to grow by 8.3% annually, reaching NT$833.7 billion, returning to the NT$800 billion mark.

TPCA said that after five quarters of recession, carrier boards resumed growth in the second quarter, with an annual growth rate of 2.6%, mainly benefiting from the recovery of the mobile phone and memory markets; HDI is growing in AI servers, low-orbit satellites and vehicles. Driven by demand for electronics, the annual growth rate was 21.2%, making it the product with the highest growth rate in the second quarter.

In terms of production layout, the main production bases of the Taiwanese PCB industry are still concentrated in mainland China, accounting for about 62% of the output value; followed by Taiwan, accounting for about 35.2%. In the context of geopolitical tensions and the re-planning of international customer supply chain strategies , Taiwanese businessmen are actively expanding to Southeast Asia, and Thailand has become a focus of investment.

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