{"id":10676,"date":"2024-09-03T16:43:22","date_gmt":"2024-09-03T08:43:22","guid":{"rendered":"https:\/\/www.ray-tron.com\/?p=10676"},"modified":"2024-09-03T16:43:22","modified_gmt":"2024-09-03T08:43:22","slug":"ale0037","status":"publish","type":"post","link":"https:\/\/www.ray-tron.com\/en\/ale0037\/","title":{"rendered":"The continuous growth of FPC market and the strategic layout of Ruichuang"},"content":{"rendered":"

1. Overview of the global FPC market<\/strong><\/p>\n

The global FPC (flexible printed circuit board) market has continued to expand since 2008, with output value increasing from US$6.6 billion to US$12.2 billion in 2019, with a compound annual growth rate (CAGR) of 5.7%. At present, the FPC market accounts for nearly 20% of the output value of the entire PCB industry. According to data from CICC, by 2023, the global FPC market size is expected to reach US$50 billion, a figure that fully reflects the key role of FPC in modern electronic devices.<\/p>\n

Due to its unique flexibility, lightness and high-density wiring capabilities, FPC is widely used in smart phones, tablet computers, consumer electronics, automotive electronics, communication equipment and medical equipment, and has become an indispensable component in various high-tech products. With the continuous advancement of technology and the expansion of application scenarios, the future prospects of the FPC market are broad.<\/p>\n

2. The rise of the Chinese marketRaytron<\/a>Advantages<\/strong><\/p>\n

In recent years, with the transfer of global FPC production capacity to China, China has gradually become an important base for the FPC industry. International giants such as Japan's NOK, Nitto Denko and Sony have set up factories in China, which not only accelerates the technological progress of Chinese local enterprises, but also provides a broad development platform for domestic FPC manufacturers.<\/p>\n

As a leading enterprise in China's FPC industry, Ruichuang closely follows the global industrial layout and improves its management level and production capacity through joint ventures with internationally renowned companies. While introducing advanced equipment, Ruichuang also focuses on technological innovation and R&D investment, continuously optimizing product performance and reducing production costs, thus standing out in the fierce market competition.<\/p>\n

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