Less than a month after entering 2017, PCB boards have experienced a round of price increases. It is understood that PCB boards have risen 5% again in this round of price hikes. Since the new capacity production cycle of electrolytic copper foil takes 2-3 years, the shortage of copper foil for CCL and PCB will be the norm in the next 1-2 years. The rising price of raw materials has spread in the LED industry since the second half of last year. This trend seems to have not stopped in 2017. Less than a month after entering 2017, PCB boards have experienced a round of price increases. It is understood that PCB boards have risen 5% again in this round of price hikes. Since the new capacity production cycle of electrolytic copper foil takes 2-3 years, the shortage of copper foil for CCL and PCB will be the norm in the next 1-2 years. According to market news, starting from the first quarter of 2017, the PCB industry has shown a low season performance from upstream equipment plants, raw material plants to downstream manufacturing plants. First, the proportion of vehicle-mounted boards for automotive electronics has increased from 0.5-square-meter copper foil substrates to 2 square meters. Second, Apple's new iPhone8, which is said to be in the second half of the year, will use a board with a smaller line width and smaller line spacing (SubstrateLike- PCB, referred to as SLP) technology, will replace the previous HDIPCB technology. With the LED lighting penetration rate entering the final acceleration period, coupled with the continued release of LED small-pitch display demand, the market demand is strong, the PCB industry market will gradually warm up for a long time. Compared with the communication, lithium battery and automotive industries, the LED industry has relatively low technical requirements for PCBs. At the same time, the reshuffle of small and medium-sized PCB companies has led to the overall capacity reduction. Large manufacturers are generally betting on future production capacity in the communications, lithium battery and automotive industries. Therefore, it has also had a significant impact on the LED industry. From the beginning of 2016 to the present, PCB standard copper foil prices have risen by more than 50%, and copper foil processing fees and effective CCL prices are 100% and 50% higher than the original average. At the beginning of November 2016, the price of raw copper soared to 48,000 yuan/ton. As the price of raw copper rose by 26%, the driving force for the price increase of electrolytic copper foil was transferred from processing fee to original copper price. The overall price of electrolytic copper foil has exceeded 110,000 yuan/ton. The mark. According to Taiwan media reports, in January 2017, there was another small-scale price increase in copper foil processing fees. Some companies in the industry admit that the production of copper clad laminates has changed the habit of paying in the past three to five months. With the purchase of copper foil with cash, the price of copper foil has increased by 20 to 30%, and it has to be queued for limited supply. Plate trading generally accounts for 90 days to half a year. After the demand for lithium battery copper foil appears, some manufacturers take cash to buy materials, which indirectly causes vicious competition for price increases. In the past 30 years of development of PCB circuit board industry, it has never been Things that have passed. Copper foil has been in short supply in the past year. In March last year, the market share was the highest. The most influential CCL giants first issued a price increase notice. Other plate makers followed suit, stimulating the upstream and downstream supply Chains. follow up. The shortage of copper foil supply also led to the rapid rise of other raw materials. It was reported in the industry that another glass fiber thick cloth of CCL may rise to 7 yuan/meter, and the cumulative increase of aluminum substrate and light guide plate is more than 20%. FR- 4 cumulative increase of more than 40%, plastic plates, plastic parts rose more than 10%, and even cash boxes for loading goods. Copper foil, copper clad laminates and PCB manufacturers have been struggling for a long time. No one has thought that the lithium battery for vehicles will be born. This round of rising raw materials is so fast and lasting. This price increase is more the conversion of electronic copper foil capacity. Lithium-ion copper foil is triggered. The global electronic copper foil production capacity is 41,000 tons per month, of which more than 8,000 tons have been discontinued. Japanese companies have already withdrawn from the electronic copper foil factory three years ago, and have switched to copper foil for high-speed boards, copper foil for high-frequency use, copper foil for packaging, and copper foil for flexible boards. In the entire supply chain, about 12,000 tons of electronic copper foil is gone. At present, whether it is a new copper foil enterprise or an old copper foil enterprise, all the expansions they have carried out are all around the expansion of lithium batteries. In addition, new demands for PCBs in the communications industry are beginning to brew. According to the public timetable of major operators around the world, 5G commercial time may be further accelerated. It is understood that at the Korean Winter Olympics in 2018, Korean operators will provide 5G services in advance. Verizon in the United States has also pre-empted the 5G frequency band. In 2020, the Tokyo Olympic Games in Japan will also provide 5G services, so the commercial speed of 5G may be advanced. Since the number and complexity of 5GMiMO antennas are much higher than those of 4G active antenna systems, higher requirements are placed for improving antenna integration and reducing assembly difficulty. In addition, due to the need to integrate a certain amount of power in a smaller size, 5G vs. 4G also puts higher requirements on the thermal conductivity of the material. 5G commercial speed is accelerating. Compared with 4G, 5G adopts higher frequency, and has new technical requirements for low loss, high integration, high consistency and easy processing of RF microwave PCB materials.

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