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More than 20 companies! The transfer of PCB industry is accelerating, and Thailand has become the preferred destination!

Update time : 2023-03-31 16:56:51

According to the latest news, according to public information, a large number of PCB companies, including Shanghai Electric Power Co., Ltd., Aoshikang, Zhongjing Electronics, Sihui Fushi, Zhongfu Circuits, Mingyang Circuits, and Victory Giant Technology, plan to set up in Thailand, Vietnam and other places. With the construction of factories, the trend of PCB industry shifting to Southeast Asia has emerged.

According to reports, Zhongfu Circuits, a listed A-share PCB company, is actively preparing for a factory in Thailand. Its general manager Wang Xianfeng said at a public meeting that the investment in Thailand is mainly based on the needs of customers, and he has had ideas since two years ago. On the other hand, it is also in response to the needs of the country’s “One Belt, One Road” construction. It is hoped that more enterprises will go out and form a supporting scale and environment overseas. The problem of raw material transportation that affects overseas investment will have more problems in the next 3 to 5 years. a change.
Victory Giant Technology is also planning to invest and build factories in Southeast Asia. At the recent shareholder meeting, Victory Giant Technology revealed to the media that the company has conducted detailed inspections in Vietnam and other places, and the factory built there is mainly for overseas customers, and the company’s export ratio has reached more than 60%. , Customers are also going out, and building factories there can also reduce some geographical influences, thereby bringing about market growth.
Zhang Peike, chairman of Mingyang Circuits, once stated at a public meeting that Mingyang Circuits takes internationalization as its strategic direction, and investing in Southeast Asian countries is a measure of the company's global strategic layout. In terms of personnel, logistics, industrial chain, and geographical advantages, Vietnam, Thailand, and Malaysia can be considered key countries for investment layout in Southeast Asia. Considering various factors such as transportation costs, Thailand and Malaysia have more prominent advantages.
In addition, Shen Qingfang, chairman of Apple PCB supplier Zhending, said that the assembly is easy to move, but the PCB is not easy to move. In addition to the huge investment, environmental protection, hydropower, etc. must be considered. This matter must be evaluated from the perspective of economic behavior. Apple has not required it so far. It is not necessary for Zhending to set up a production base outside of mainland China, but it will be evaluated in the long run, and Zhending has set up a back-end module factory in India four years ago. Li Dingzhuan, general manager of Zhen Ding, also said that the current customers can still accept the production base in the mainland, but in the future they will need production bases outside of mainland China, which is inevitable.
According to the latest data from relevant agencies, there are more than 20 PCB companies planning to invest in Thailand or have already established factories in Thailand, including Japanese manufacturers such as CMK, Fujikura, Mektec, and Mitsubishi Gas, Xinxing, Dynamic, Taihong, and Taiyao. , Lianmao, Huatong, Huihe, Taiding, Jingpeng, Jingguo and other Taiwanese manufacturers, as well as Shanghai Electric, Aoshikang, Zhongjing Electronics, Sihui Fushi, Zhongfu Circuits, Mingyang Circuits, Victory Giant Technology And other domestic manufacturers.
Since the second half of 2022, with the continuous improvement of local industrial facilities, the trend of A-share listed PCB companies to invest and build factories in Thailand has become even stronger.
As early as June 7, 2022, Shanghai Electric Power Co., Ltd. announced that the company plans to establish a Thai subsidiary and build a new production base in Thailand.
Shanghai Electric Power Co., Ltd. stated that the company's overseas customers generally pay attention to and strengthen the implementation of the geo-regional risk diversification strategy, and take measures to reduce logistics and production capacity risks in the supply chain. As an emerging market economy, Thailand has comparative advantages in terms of land, factory buildings, manpower, and taxation. In recent years, it has also undertaken a large number of printed circuit board production capacity transfers. The related industrial chain supporting facilities have also been continuously improved, which can better satisfy the company The need to build a production base.
The outside world believes that due to the weak ability of a single production base to resist risks, building a diversified industrial layout has become a global PCB industry trend, and Southeast Asia, which has an advantage in labor costs, has become the focus of PCB manufacturers' transfer. Compared with other Southeast Asian countries, Thailand is the first choice for manufacturers of traditional PCB products such as single-sided boards/double-layer boards and multi-layer boards to invest in Southeast Asia.

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