PCB Is Better in The Fourth Quarter

PCB's third quarter demand is frozen. Whether it is the PCB manufacturer, copper foil substrate, and upstream material manufacturers, they are strictly exfoliated in the third quarter. In the fourth quarter, it seems that due to the overall downstream consumer electronics environment demand demand It is still not cheerful, coupled with the traditional off -season in the fourth quarter and the effect of the annual inventory, the fourth quarter is still conservatively viewed. However, the fourth quarter of Pingju is still expected to continue to go on the market to buy a boom and continues, and all the way up the way upwards In the second half of the year, the remaining ABF carrier is also supported.

Q3 is not prosperous in the peak season. Q4 is hard to optimistic

The third season of PCB manufacturers faces the strict inventory adjustment of customers and pauses the goods, and PCB manufacturers also give preferred inventory, urging customers to pull the goods in the warehouse first, plus the downstream consumer electronics field, such as TV, NB/PC, and Android mobile phone demand is weak. Even the servers that have always been needed to be supported by customers are facing customer adjustment. The overall market conditions are not strong. Although the demand for the automotive market exists, the problem of lack of materials is not completely relieved. Card pass, causing no significant improvement in the car boards.

In the fourth quarter, due to the lag and customer attitude, the PCB factory is still prioritizing the inventory of the PCB factory. It is hoped that the customers can slightly restore the goods in the fourth quarter after the third quarter. It is still more opportunities to grow, but the environmental off -season increases the environment, and it is still difficult to be optimistic as a whole.

Pingju continues to attack the market to buy boom

The fourth season is more clear than those of the third quarter. One of the main groups is Pingjiu, including Zhending-KY, Taijun, Huatong, etc., and manufacturers who have obtained a large share of this year Jialianyi, the former is the highest throughout the year in the third quarter, and the latter is still waiting to be observed.

Pingju Enterprise generally stated that in response to the launching effect of the new machine listing, from the end of the second to third season, revenue has risen monthly, and it will be peak until October or November. The purchase boom, but the current sales kinetic energy view of the iPhone 14 is different, but the overall fourth quarter can maintain high performance.

The board factory is supported by ABF

The performance of the board manufacturer has different performance in the second half of the year. It is also unknown under the big environment. Some customers of ABF shrink their hands and the BT load. The overall carrier board has a strong increase in the overall carrier board. However, it is still supported. As the capacity gradually opens up, it becomes the driving force for the growth of the load plate factory, and the demand for the fourth quarter of the BT carrier is afraid of falling down.

From the perspective of the three major carrier -loading factories, Jingshuo still looks at the semi -quarterly growth in the second half of the year, mainly to contribute to the ABF carrier board and subsidiary contact lens (6491); However, the fourth quarter is still to be observed; Xinxing has greatly affected the market conditions due to large customers, and the depreciation cost after the start of the new plant has increased, which is more conservative relative to the second half of the year.

Exchange rate assisted industry supplement

Although PCB companies are conservative and weak in the second half of the year, fortunately, the exchange rate trend is favorable. The Taiwan dollar derogation is relatively beneficial to enterprises denominated by the US dollar. It is expected that the salary and cost of the local employees are expected to have no small supplements; the help of exchange help in most board factories will have capital injection, and the relative exchange rate sensitivity manufacturers, including Jingpeng and Jian Ding.