The PCB market in China will gradually recover in 2010
According to market research organization Frost & Sullivan forecasts the Chinese market for printed circuit board (PCB) products, the scale of demand in 2009 will reach 97.2 billion yuan, representing 18.2 percent decline the previous year; But the market will gradually recover in 2010 .
The sales of PCB products in Chinese market in 2008 was 1,188 billion yuan, of which single-sided PCB, double-sided PCB, multilayer PCB and flexible PCB share were 2.5%, 6.9%, 73.8% and 16.8%. In 2008 occurred in the fourth quarter of the global financial crisis had also brought about a serious blow to China's PCB market; Fortunately, the first three quarters had strong growth, and the market sales still increased by 2.2% in that year.
To combat the large-scale recession in electronic information industry in the financial crisis, the Chinese government has promoted a number of incentive policies (Readjustment and Development Plan of Electronic Information Industry); However, Frost & Sullivan is still estimated that in 2009 Chinese market demand for the product on the PCB will decline 18.2% to 97.2 billion yuan, but by 2010, incentive policies and the consumer confidence index rebounded, driven by the market will gradually recover.
