TAIPEI – Taiwan's PCB industry should see its production value return to a yearly growth of 6.3% this year, driven by robust demand for advanced PCBs used in AI applications and electric vehicles, the Taiwan Printed Circuit Association announced.

Pickups in the mobile phone, computer and semiconductor sectors should also help boost demand, and overall production value of the nation's PCB companies is forecast to expand to NT818.2 billion ($25.5 billion), TPCA said.

“The trickle of AI applications into edge devices from cloud-based devices will stimulate demand for advanced PCBs this year,” the association said.

TPCA said demand for PCBs used in vehicles would continue to grow this year amid Beijing’s push for higher EV penetration in China and EV makers’ aggressive overseas deployments. Last year, the production value of PCBs used in vehicles increased 2.8% annually, the only growth segment of the year.

With PCB materials and manufacturing equipment included, the association said it expects the production value of the local PCB supply chain to advance 7.4% to NT1.21 trillion ($37.7 billion) this year.

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