FPC market outlook and challenges
FPC market outlook and challenges
1.In the next five years, FPC is expected to grow at 5.3% CAAGR and reach $15.6Bn by 2018.
2.China is likely to be the fastest growing production country of FPCs in the next few years because of strong demand growth from local smartphone and tablet manufacturing. Local Chinese FPC fabricators are expected to achieve high growth rates from a relatively small current production base.
3.Smartphones, tablets, displays, LEDs, portable andwearable electronics are the key drivers of the FPC industry.
Challenges of FPC industry:
– Highly concentrated end applications and system customers
– High seasonal volatility
– Labor intensive
– Automation implementation
– New material and process developments for fine-pitch and high-speed
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Jeff