Industry Wind Vane: Future Development Through the 2019 HKPCA Show


Reading time ( words)

The annual HKPCA Show, which has been renamed the 2019 International Electronics Circuit Exhibition (Shenzhen), will be held from December 4–6 at the Shenzhen Convention and Exhibition Center. This year’s exhibition will be jointly organized by the Hong Kong Printed Circuit Association (HKPCA) and the China Printed Circuit Association (CPCA) and will provide a more efficient business platform for all visitors. The PCB007 China Team interviewed a representative from the HKPCA about the exhibition, the industry’s current situation, and future developments.

PCB007 China: From a global perspective, the demand for PCBs tends to be stable, and the growth rate is only in the single digits. As a unique industrial cluster, China has maintained a greater growth rate than other regions in the past decade. If we want to continue to make profits, the industry needs to find a new entry point or move to a new market. Specific ways might include merger and acquisition, an increase in capital to establish companies, production expansion, and plant building. This is not only an optimistic expectation for future market growth from PCB companies, but also a necessity for the industry to move toward the advantages of large-scale development. What do you think about this trend, and how can HKPCA guide the future layout of the industry?

HKPCA: The global economy slowed down in 2019, and the whole market is relatively weak. This year, the total output value of the circuit board industry is expected to decline slightly. Companies need to consider their technical capacity. The way of circuit board companies making profits by order volume has been gradually eliminated, the demographic dividend has been reduced, the environmental protection policy has been tightened, and large circuit board factories will face the risk of closing down. Therefore, we need to avoid blind expansion of business scale. Today, only companies with certain technical abilities or companies that closely follow the market trend can have development.

To read this entire interview, which appeared in the November 2019 issue of PCB007 Magazine, click here.

Share

Print


Suggested Items

The CPCA and China’s Electronic Circuit Industry: Past and Future

12/11/2019 | Wang Longji, CPCA
Wang Longji is the honorary secretary-general of the China Printed Circuit Association. He is a senior engineer and an industry leader and used to be the production manager of the first imported PCB manufacturing line in China. Mr. Wang is also a well-known child actor and a “national treasure;” one of his most famous characters was San Mao in “The Winter of Three Hairs.”

Day 1 Coverage of International Electronics Circuit Exhibition in Shenzhen

12/04/2019 | I-Connect007 Editorial Team
The newly named International Electronics Circuit Exhibition, formerly known as the HKPCA Show, kicked off today in Shenzhen, China. This event is now part of a cooperation between the CPCA and HKPCA associations. This is the largest trade show serving the south China region, with 3,537 booths from 621 exhibitors this year.

NCAB 2019 Market Report: Competition Is Heating Up

09/09/2019 | Nolan Johnson, I-Connect007
Chris Nuttall, chief operations officer and VP of technology of NCAB Group, talks about the company's most recently released market report. Nolan Johnson and Nuttall discuss some of the market drivers and conditions the industry can expect to close out in 2019 as well as what to prepare for in 2020.



Copyright © 2019 I-Connect007. All rights reserved.