SHANGHAI – First half revenues among Chinese PCB fabricators rose 12.5%, while net profits were up 29% year-over-year, China’s leading PCB industry trade group said.
Downstream demand was stable, with growth in servers and notebooks. The automotive market is relatively strong as well, CPCA added.
New flexible automation production line has increased production, CPCA said.
Profit margins are under pressure for equipment and raw materials, including copper-clad laminate. Overall gross profit margins of the sector fell 1.4%, with upstream equipment and raw materials down 2.6% and CCL down 4.3%.
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