China PCB manufacturing

IBM's transformation from a hardware manufacturer to a service-based IT and business solutions provider exemplifies this shift. In 2006, IBM's hardware revenue accounted for just 24.61% of its total income, with the remainder coming from global services, software, and financial services. The integrated circuit (IC) industry similarly reflects this trend, as value creation moves from manufacturing to design, development, and lifecycle management services. Driven by globalization, technological innovation, and market demands, the IC industry is transitioning from a production-centric model to one focused on delivering comprehensive system solutions and value-added services. This shift is particularly visible in the global PCB and Chinese electronics markets, where manufacturing and services increasingly converge. Read More

According to IndustryARC, Japan's Nippon Mektron Ltd. led the global PCB market in 2015 with a 3.9% market share, followed by Taiwan's Unimicron Technology Corporation at 3.7%. The global PCB manufacturing market was valued at $65.3 billion in 2015 and is expected to reach $74.31 billion by 2018, growing at a CAGR of 3.6%. Market volume is also anticipated to grow, with 32 billion units and 3.92 million tons projected by 2018. The PCB remanufacturing market is expected to experience significant growth, with a CAGR of 41% during the forecast period. The industry is highly fragmented, with the top six companies holding only 18% of the market share. China has emerged as the world's largest PCB manufacturing base. Read More