PCB that cannot be ignored under economic recovery, new crisis in the industry

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The world economy is expected to resume growth, the international financial market is becoming more stable, and many Chinese PCB manufacturers are forced to usher in a new crisis of “order transfer”.
The world economy is expected to resume growth, the international financial market is becoming more stable, and many Chinese PCB manufacturers are forced to usher in a new crisis of “order transfer”. On the one hand, small and medium-sized PCB manufacturing companies that rely on foundry development can no longer absorb the pressure of rising costs caused by the financial crisis; on the other hand, serious shortages of labor have caused many enterprises to face the embarrassing situation of being unable to work alone. At the same time, as the factory's wage costs increase, the pressure on the company's operating investment is also increasing. How to effectively solve these new crises has become a problem for PCB manufacturers.
It is reported that in 2010, only the PCB industry in the coastal areas lacked 200,000 jobs. Due to the serious lack of work, many companies have been actively involved in the “grab people” campaign since the beginning of the year. However, although the cost of wages is getting higher and higher, it is still difficult to retain workers. In addition, for those PCB manufacturers that have developed in OEM (OEM) production mode, in addition to digesting the impact of the financial crisis, they must also face the impact of rising production factors and resources, energy shortages and high consumption. The resulting processing costs have increased and the price advantage has been weakened. At present, some multinational companies have begun to transfer orders to low-cost Southeast Asia and South Asian countries such as Vietnam, Shuwuzhai, Bangladesh, and Thailand. In the absence of a significant contraction in market demand, the cancellation of China’s orders will inevitably be supplemented elsewhere.
According to the survey data, Japanese lT companies have transferred PCB orders to Thailand, and Thailand's PCB~fJ manufacturers are becoming more competitive. In addition, Southeast Asia's PCB production value has reached N3o ~ 3.5 billion US dollars, of which Thailand accounted for 30 to 40% of the total. There are indications that Southeast Asian countries are threatening China's "world factory" status with low cost advantages. Under the new situation, PCB manufacturers should actively transform and put their main energy into brand building, and independently design and create their own brands.