The PCBA industry is benefiting from favorable policies, and domestic and international markets are recovering--Chengdu Dali Electronics

1. Domestic policy support

The Chinese government has introduced multiple policies to support the development of the PCB and PCBA industries. Eight departments have issued the "14th Five Year Plan" for the development of intelligent manufacturing, aiming to guide various regions and industries across the country to achieve high-quality development of intelligent manufacturing. The plan proposes the goals, key tasks, safeguard measures, and supervision and management of intelligent manufacturing. The "Plan" proposes the development goals of intelligent manufacturing by 2025 and the long-term goals by 2035, deploying actions such as intelligent manufacturing technology research and development, intelligent manufacturing demonstration factory construction, industry intelligent transformation and upgrading, and innovative development of intelligent manufacturing equipment. The implementation of intelligent manufacturing policies has promoted the development of the PCBA industry, facilitated technological innovation and intelligent upgrading in the industry. The high-quality development of intelligent manufacturing has brought new opportunities and challenges to the PCBA industry.

2. Recovery of foreign markets

The global PCB industry output is expected to rebound in 2024, mainly driven by the growth in demand for servers and automotive electronics. The recovery of foreign markets brings new growth opportunities for the PCBA industry.

3.5G technology promotion

The promotion and commercialization of 5G technology are driving the growth of PCBA demand, and the high-speed and low latency characteristics of 5G technology bring innovation and development opportunities to the PCBA industry.