Overview of Vietnam's PCB Industry in the First Half of 2024
Investment and Capacity Expansion:
Multiple domestic and foreign enterprises have invested in PCB projects in Vietnam, such as Kingboard Chemical Holdings and Foxconn, anticipating significant capacity expansion.
New projects and capital increases are expected to gradually commence production in the coming years, strengthening Vietnam's position in the global PCB market.
Market Dynamics:
The Vietnamese government may attract further investments through policy incentives, driving the growth of the PCB industry.
Global supply chain adjustments are prompting the relocation of PCB production bases to Southeast Asia, with Vietnam being a key beneficiary.
Industry Trends:
Technological upgrades and equipment introductions have become highlights of new projects, enhancing the overall technological level of Vietnam's PCB industry.
PCB enterprises from countries like China are accelerating their layouts in Southeast Asian nations like Vietnam, promoting the internationalization of the industry.
Conclusion: In the first half of 2024, Vietnam's PCB industry saw robust investment, continuous capacity expansion, technological advancements, and clear internationalization trends.