PCB (printed circuit board) is an indispensable component in electronic devices. It not only provides physical support for electronic components, but also realizes the electrical connection between them. From simple household appliances to complex aerospace equipment, PCBs are everywhere, and their manufacturing process involves multiple steps, each of which is crucial and directly related to the performance and quality of the final product.

As global supply chain pressure increases, more and more electronic component companies are establishing production bases in places such as India and Southeast Asia, promoting the regionalization of supply chains.

This report analyzes the manufacturing industry's current state and 2024 Q4 outlook, highlighting supply, demand, and growth opportunities despite challenges.