Elementary Mr. Watson: Navigating RF—A Glide Path Approach to Design Success
Designers Notebook: Layer Stackup Planning for RF Circuit Boards
Connect the Dots: Involving Manufacturers Earlier Prevents Downstream Issues
SEA PCB Industry Report 2023-2032: High Labour Resources Make Region Attractive for Manufacturers
December 28, 2022 | Globe NewswireEstimated reading time: 2 minutes
Printed Circuit Board is the carrier of the electrical connection of electronic components, is an important component of cell phone parts. At present, the development of printed circuit board industry in Southeast Asian countries varies greatly. According to the publisher's analysis, Thailand and Malaysia's printed circuit board industry is more mature. Among them, the printed circuit board industry is one of the important industries in Thailand, Thailand has thousands of PCB suppliers, in 2021, its printed circuit board output value has exceeded US$ 2 billion, with an average annual growth rate of about 20%. Vietnam, Singapore, Indonesia and the Philippines also have a certain scale of the printed circuit board industry, while other countries are still relatively weak or have not yet developed the printed circuit board industry.
According to the publisher's analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels also vary greatly from country to country, with Brunei, which has the smallest population, having a total population of less than 500,000 people in 2021, and Indonesia, which has the largest population, having a population of about 275 million people in 2021.
The most economically advanced countries in Southeast Asia do not have a legal minimum wage, with the actual minimum wage exceeding US$400 per month (for foreign maids), while the lowest minimum wage level in Myanmar is only about US$93 per month.
Most countries in Southeast Asia have a low smartphone penetration rate and have a lot of upside potential. With the development of mobile internet and e-commerce in each country, the smartphone penetration rate is also gradually growing. Take Vietnam as an example, Vietnam's cell phone sales have gradually increased, and in 2021, Vietnam's smartphone sales reached 15.9 million units, up 11.9% year-on-year.
Overall, according to the publisher's forecast, the size of Southeast Asia printed circuit board industry will maintain growth in 2023-2032. On the one hand, the printed circuit board industry is a labor-intensive industry, Southeast Asian countries are rich in labor resources, low production costs, printed circuit board industry has a bright future, attracting global cell phone manufacturers to Southeast Asia to transfer production capacity.
On the other hand, the economic growth of Southeast Asian countries, the improvement of the living standards of residents, the growth of demand for electronic products such as smart phones, will also promote the development of the printed circuit board industry.
Share on:
Suggested Items
IPC Strengthens Global Leadership Team with Addition of Joe Schneider as Vice President of U.S/Canada
04/25/2025 | IPCIPC, the global electronics association, announces the strategic appointment of Joe Schneider as vice president of U.S./Canada. This newly created executive position underscores the association’s commitment to championing the electronics industry's critical contributions to this region’s innovation and economic growth.
TRI at SMTA Wisconsin Expo 2025
04/24/2025 | TRITest Research, Inc. (TRI), the leading test and inspection systems provider for the electronics manufacturing industry, will join the SMTA Wisconsin Expo 2025.
SMTA Bridging the Skills Gap in Arizona
04/24/2025 | Marcy LaRont, I-Connect007One area where SMTA really excels is through its local chapters. On April 16, 2025, I-Connect007's Marcy LaRont attended the Workforce Breakfast during the SMTA Arizona Expo & Tech Forum in Mesa, which featured more than 50 electronics professionals from the local area, including defense OEMs, and others who were attending for the first time. Blackfox and Hyrel Technologies sponsored the event. The keynote presentation featured Sean Denny, a professor at Estrella Mountain Community College, who emphasized a clear need for skilled hand soldering technicians.
Real Time with... IPC APEX EXPO 2025: IPC's Growth and Future in India's Manufacturing Sector
04/23/2025 | Real Time with...IPC APEX EXPOGaurab Majumdar, VP for IPC in SE Asia and India, highlights IPC's impressive growth in India, with certification numbers rising significantly. The Indian manufacturing sector is projected to reach a $300 billion market, alongside a $10 billion investment in semiconductors. IPC is addressing industry demands through standards development and a new workforce project aimed at training students for job placements.
Critical Manufacturing, Twinzo Partner to Deliver Real-Time Digital Twin Visualization for Smart Factories
04/23/2025 | Critical ManufacturingCritical Manufacturing, a leading provider of Industry 4.0 focused manufacturing execution systems (MES), has partnered with Twinzo, an innovator in real-time 3D digital twin technology.