Aug.2020 04
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The sluggish growth of home appliance market has affected the PCB industry related manufacturers
China's home appliance market is actually facing a stall crisis. According to public data, the total retail sales of home appliances in China reached 803.2 billion yuan in 2019, down 2.2% year-on-year.In 2018, the retail sales of home appliances reached 8

Fire at the gate brings disaster to the fish in the pond.The crisis quickly spread to the upstream PCB manufacturers, which bear the pressure of raw material price increase on one hand, and on the other hand are limited by the stall of the home appliance market, leaving little profit space.In a crisis, there may be two paths:

First, with 5G, AI and other technologies accelerating their implementation, the smart home appliance market is just around the corner. At this time, PCB manufacturers can make early preparations.

Secondly, PCB downstream has a broad application field, and it can disperse operational risks through diversified transformation to get rid of stall restrictions in the home appliance market.