In 2022, Taiwan's PCB manufacturing revenue reached a new high, 60% of which came from Chinese Mainl

TPCA pointed out that although Taiwan's PCB sales experienced a certain decline in the fourth quarter of 2022 due to the shutdown of Foxconn's Zhengzhou factory, Taiwanese PCB manufacturing revenue continued to exceed NT $200 billion in a single quarter for six consecutive quarters. Thanks to the decline in the exchange rate and strong performance in the first three quarters, Taiwanese PCB manufacturing revenue for the entire year of 2022 still reached NT $903.3 billion (approximately US $30.286 billion), an increase of 10.5% compared to NT $817.8 billion last year (with a growth rate of 3.3% in US dollars).

Even under the influence of the global epidemic and high inflation, as well as the decline in terminal demand, Taiwanese PCB manufacturing revenue reached a new high in 2022, reaching NT $903.3 billion. It is expected that the total revenue for 2023 will reach NT $917.8 billion, a growth rate of 1.6%.

Recently, the TPCA Taiwan Circuit Board Association released data showing that Taiwanese PCB manufacturing revenue reached a new high in 2022, reaching NT $903.3 billion. The institution stated that as the economy improves in the second half of this year and market demand increases, it is expected that Taiwanese PCB manufacturing revenue will reach NT $917.8 billion in 2023, with a growth rate of 1.6%.

In December 2022, the revenue of raw materials for PCB cabinets listed in Taiwan was YoY-32.49% (Image from TPCA Taiwan Circuit Board Association)

TPCA pointed out that although Taiwan's PCB sales experienced a certain decline in the fourth quarter of 2022 due to the shutdown of Foxconn's Zhengzhou factory, Taiwanese PCB manufacturing revenue continued to exceed NT $200 billion in a single quarter for six consecutive quarters. Thanks to the decline in the exchange rate and strong performance in the first three quarters, Taiwanese PCB manufacturing revenue for the entire year of 2022 still reached NT $903.3 billion (approximately US $30.286 billion), an increase of 10.5% compared to NT $817.8 billion last year (with a growth rate of 3.3% in US dollars).

From the perspective of product structure, soft board, traditional multi-layer board, carrier board, HDI, soft hard combination board, and others account for 26.7%, 26.3%, 26.3%, 19.0%, 1.4%, and 7.5% respectively. Thanks to the promotion of sales of Apple's iPhone and Macbook products, the penetration rate of soft boards has further increased, with shipments surpassing multi-layer boards for the first time.

From the perspective of application market, communication, computers, semiconductors, consumer electronics, and automobiles are the top five application fields, accounting for 32.3%, 22.8%, 9.1%, 10.7%, and 10.5% respectively.

From the distribution of origin, Taiwanese PCB manufacturing origins are mainly concentrated in Chinese Mainland and Taiwan, China, accounting for 60.6% and 37.1% of the output, while other regions only account for 2.3%. TPCA pointed out that with the growth of demand for carrier PCB, the proportion of local PCB in Taiwan is increasing. At present, the overseas production areas of Taiwanese PCB carriers are mainly concentrated in Thailand, Malaysia, and Vietnam in Southeast Asia. However, with the fluctuations in the global political and economic situation in the past two years, Taiwan's PCB industry has begun to flow heavily overseas