PCB industry raised funding boom

We are optimistic about the continued recovery of the economy and Taiwan stocks can be expected to raise the end of the printed circuit board industry chain funding boom, with a scale of nearly 10 billion yuan, especially flexible printed circuit boards and thin-film transistor liquid crystal displays, LED-backlight TV related manufacturers most active.

Printed circuit board (PCB) recovery this year, related companies raise funds for frequent actions, the recent upsurge, including soft printed circuit board (FPC)-related Taiwan County Technology, Taiwan Hong Technology, Xin Yang, Yuhuan and photovoltaic PCB Group Zhichao Technology, Zengmeng Electronics, High-density mobile connection (HDI) board manufacturer Huatong, and Jiadu, the chief supplier of heat-dissipating aluminum substrates for LED-backlit LCD TVs, PCB raw materials, glass fiber yarns, and cloths Rich plant Joe.

The upsurge of financing for the PCB industry chain started at the end of the year was mostly used to enrich working capital and repay bank loans. Many of them were also used to expand production capacity. The mainland-based plant was the mainstay. Taichung County, Allied Alliance and Jiageng focused on Jiangsu. Provincial factories such as Kunshan, Wuxi, and Jiangmen, Guangdong province, especially Taichuan County, raised RMB 1.3 billion to fund this wave of funding.

Taichung has benefited from the rapid penetration of smartphones, touch panels, and LED backlight modules to drive FPC demand. In recent years, the company has seen rapid growth in its operations and is optimistic about next year's market conditions.

Taiwan County stated that it plans to increase its investment in the Kunshan Plant by US$6 million to build a new plant, mainly to expand the FPC rear assembly production line, and part of the funds will be used to increase the front-end process of the Kaohsiung Plant.

The company has been deeply pursuing the use of heat-dissipating aluminum substrates for LED TVs for many years. In addition to orders from domestic panel makers, it also rushed for orders from customers in mainland China.

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