Chinese PCB Market drops in 2009; Rebound in 2010
In 2008, the sales revenue of PCB products in Chinese market has achieved RMB 118.8 billion, and the single-sided printed board, double-sided printed board, multilayer printed board, and flexible printed board account for the 2.5%, 6.9%, 73.8%, and 16.8% of the total market, respectively.
The global financial crisis exploded in the fourth quarter of 2008 brought serious negative influences to the Chinese PCB industry, but, thanks to the high growth during the prior three quarters, the sales revenue of PCB products in China achieved the increase of 2.2% in 2008. To confront the economic crisis and guarantee the industry’s healthy development, the Chinese government constituted the Readjustment and Development Plan of Electronic Information Industry, to prevent the industry’s large-scale slide in some extent.
Frost & Sullivan forecasts that the Chinese market demands for PCB products reach RMB 97.2 billion with the decrease of 18.2% in 2009, and the market is expected to rebound in 2010 with the gradual emergence of incentive policies’ effects and the recovery of consumers’ confidence.
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