High-end HDI tshwm sim sai sai, Kev muab khoom thiab kev thov yuav nruj rau xyoo tom ntej

"Science and Technology Innovation Board Txhua Hnub" tau tshaj tawm tias Ultrasonic Electronics, uas yog koom nrog kev lag luam ntawm cov ntawv luam tawm Circuit Board thiab cov ntxaij vab tshaus kov, tau nce los ntawm qhov txwv ob zaug hauv peb hnub ua lag luam dhau los. Nyob rau hnub tim 16, Dragon Tiger List tau qhia tias Zhongtai Securities Shanghai Jianguo Middle Road Securities Sales Department ua ib qho kev yuav khoom loj. Lub tuam txhab 30.1 lab yuan, deb tshaj qhov muag ntawm tsib lub rooj zaum saum toj kawg nkaus. Lwm lub rooj zaum yuav lub tuam txhab 19.13 lab yuan. Tsis tas li ntawd, Dragon Tiger List nyob rau 12th qhia tau hais tias lub tuam txhab lub rooj zaum yuav 40.67 lab yuan los ntawm lub tuam txhab.

Ntawm cov xov xwm, kev lag luam xav tau ntawm high-end HDI boards nyob rau hauv lub era ntawm 5G xov tooj ntawm tes tsis ntev los no tau optimistic txog lub tsev. Ultrasonic Electronics yog lub lag luam ntxov tshaj plaws nrog HDI ntau lawm technology hauv Suav teb, thiab nws kuj yog ib tug thawj coj nyob rau hauv lub teb ntawm high-end HDI. Guotai Junan tsab ntawv tshaj tawm kev tshawb fawb yav dhau los tau taw qhia tias lub tuam txhab cov khoom lag luam zoo yog qhov sib tw heev, thiab nws yog tus xa khoom mus sij hawm ntev ntawm cov tuam txhab muaj npe nrov hauv ntiaj teb xws li Apple, Bosch thiab Valeo.

Kev tsim kho tshiab ntawm xov tooj ntawm tes thiab kev kho dua tshiab tau nthuav tawm HDI xav tau

Raws li cov ntaub ntawv tshawb fawb ntawm Tuam Tshoj Merchants Securities, nyob rau lub sijhawm tam sim no, kev tsim kho tshiab thiab kho dua tshiab ntawm cov xov tooj ntawm tes hauv txhua qhov ntev muaj kev cuam tshuam rau txoj hauv kev ntawm motherboard: qhov nce ntawm tus naj npawb ntawm nti I / Os ua rau. Kev txo qis hauv PCB ncoo pitch, txoj kab uas hla, thiab kab nrib pleb (nce hauv tus lej), compression kab dav thiab kab sib nrug ntawm PCB; kev txhim kho ntawm cov kev ua haujlwm sab hauv modules siv ntau qhov chaw; cov kev xav tau ntawm cov teeb liab kis tau tus mob tau nce ntxiv, xws li kev nce ntawm cov zaus bands, qhov nce ntawm tus naj npawb ntawm cov khoom siv RF thiab qhov nce ntawm cov khoom hauv ib cheeb tsam. Cov kev hloov pauv saum toj no txhua tus xav tau cov motherboard siab dua los siv.

Keeb kwm, Apple tau coj txoj hauv kev ntawm kev hloov kho lub xov tooj ntawm tes motherboard. Tam sim no, feem ntau HDI PCBs siv cov txheej txheem rho tawm ELIC (arbitrary txheej) tshuab electroplating txheej txheem, thiab cov kab dav thiab kab sib nrug tsis tuaj yeem txo mus rau 30mm. Yog li ntawd, SLP uas tuaj yeem ua tiav cov kab dav me me thiab kab sib nrug yuav tsum yog cov kev daws teeb meem tseem ceeb rau tiam tom ntej ntawm HDI. 4G era (Android) lub xov tooj ntawm tes motherboards yog 2-3 qib HDI, 8-10 txheej, 5G yuav raug hloov kho rau 4- qib HDI nrog tsawg kawg 8-12 txheej, thiab qee qhov yuav tsum tau txhua txheej (txhua yam) HDI, thiab tus nqi nruab nrab tuaj yeem nce rau txhua qib kev hloov kho. Loj 800-1000 yuan. Nws kwv yees tias 5G xov tooj ntawm tes HDI motherboard kev lag luam xav tau yog kwv yees li 0.1/5.7/630 lab US las hauv 19-21, thiab SLP kev lag luam yog kwv yees li 9/19/1.9 billion US dollars.

Chuancai Securities tau taw qhia tias qhov nce hauv 5G kev xa xov tooj ntawm tes yuav tsav qhov kev thov rau high-end PCB boards xws li SLP thiab high-end HDI. Lub koom haum kwv yees hais tias qhov kev faib ua feem ntawm lub ntiaj teb no xov tooj ntawm tes SLP tso zis tus nqi nyob rau hauv tag nrho cov xov tooj ntawm tes PCB tso zis nqi yuav nce los ntawm 11 feem pua ​​​​hauv 2018 mus rau 22 feem pua ​​​​hauv 2023. Cov nyiaj tau los ntawm cov tuam txhab nrog FPC ua lawv cov lag luam tseem ceeb thiab SLP thiab high-end HDI tsim muaj peev xwm yuav ua rau muaj kev loj hlob tshiab.

HDI kev lag luam yog qhov tseem ceeb, cov khoom siv thiab kev thov yuav nruj rau xyoo tom ntej

HDI yog ib qho tseem ceeb hauv Circuit Court hauv PCB. Kev sib koom ua lag luam ntawm cov tuam txhab ua lag luam tuaj yeem tshaj 10 feem pua. Cov kev txwv tsis pub nkag mus yog qhov siab thiab cov qauv keeb kwm kuj tseem ruaj khov. Tsis tas li ntawd, kev txhawb nqa kev ruaj khov mus ntev ntawm cov neeg siv khoom loj yog qhov tseem ceeb rau kev lag luam saw tuam txhab lag luam kom muaj kev coj noj coj ua. Tseem ceeb heev, nws kuj ntxiv dag zog rau lub moat rau ib qho twg.

Tuam Tshoj Cov Tub Lag Luam Kev Ruaj Ntseg kwv yees tias xyoo tom ntej, lub peev xwm HDI siab tshaj plaws yuav tsum nyob rau hauv lub xeev ntawm cov khoom siv nruj thiab kev thov, thiab cov tuam txhab nyiaj txiag hauv tsev uas ua tau raws li cov kev xav tau siab kawg thiab tab tom txhim kho thev naus laus zis ntawm cov kab ntau lawm, xws li ultrasound. thiab Dongshan, cia siab tias yuav tau txais txiaj ntsig. Qhov tseeb, qee cov neeg siv khoom raws li xyoo tom ntej high-end HDI tej yaam num twb tau txais tus neeg muag khoom tus nqi nce thov.

Los ntawm kev xav ntawm kev muab khoom thiab kev xav tau, feem ntau ntawm cov tuam txhab uas muaj peev txheej loj thiab kev nqis peev txhua xyoo ntawm ntau dua 1.5 billion nyob rau hauv peb lub xyoos dhau los yog cov tuam txhab uas suav nrog lwm cov khoom lag luam hnyav (xws li ntim substrates, panels, thiab lwm yam. ). HDI tsuas yog nws txoj haujlwm pabcuam, tsis yog kev lag luam loj. Scale expansion. Tsis tas li ntawd, vim qhov kev thov tsis muaj zog rau lub xov tooj smartphones, ob lub lag luam loj loj tau thim rov qab los ntawm high-end HDI kev lag luam txij li xyoo 2019, thiab cov khoom siv tau raug tshem tawm.

Txawm hais tias Huatong, TTM, AT&S, thiab lwm yam tau nqis peev hauv peb lub xyoos dhau los, lawv cov lag luam Apple xav tau kev saib xyuas nyiaj txiag tas li. Txawm hais tias HDI nthuav dav thiab lub caij ncov tuaj, tsis muaj ntau lub peev xwm seem uas tuaj yeem siv los ua kev txhim kho motherboard ntawm Android camp ntawm qhov loj. xav tau. Txawm hais tias cov tuam txhab lag luam hauv tsev tau txuas ntxiv mus nqis peev hauv xyoo tas los no, qhov kev ua haujlwm luv luv yog qhov nyuaj rau kev kov yeej.