-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueInner Layer Precision & Yields
In this issue, we examine the critical nature of building precisions into your inner layers and assessing their pass/fail status as early as possible. Whether it’s using automation to cut down on handling issues, identifying defects earlier, or replacing an old line...
Engineering Economics
The real cost to manufacture a PCB encompasses everything that goes into making the product: the materials and other value-added supplies, machine and personnel costs, and most importantly, your quality. A hard look at real costs seems wholly appropriate.
Alternate Metallization Processes
Traditional electroless copper and electroless copper immersion gold have been primary PCB plating methods for decades. But alternative plating metals and processes have been introduced over the past few years as miniaturization and advanced packaging continue to develop.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - pcb007 Magazine
Southeast Asia PCB Industry Report 2023-2032: Sector Set to Grow as Living Standards Increase
January 5, 2023 | Business WireEstimated 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, which 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. But Myanmar and Cambodia had 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.
Suggested Items
Merlin Circuit Technology Achieves Prestigious JOSCAR Accreditation
01/14/2025 | Merlin Circuit TechnologyMerlin Circuit Technology is proud to announce it has been awarded the coveted Joint Approvals Group for Industry (JAG) Standard 001 (JOSCAR) accreditation.
SEMI Industry Strategy Symposium 2025 Opens to Highlight Solutions for Managing Rapid Semiconductor Industry Growth
01/14/2025 | SEMIIndustry Strategy Symposium (ISS) 2025 sessions open gathering semiconductor industry executives for analysis of growth projections and pivotal business trends for the year ahead.
Würth Elektronik at PEDC 2025
01/14/2025 | Wurth ElektronikOn January 29 to 30, 2025, the Pan-European Electronics Design Conference (PEDC) will convene leading experts from industry and research in Vienna.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
01/10/2025 | Marcy LaRont, I-Connect007In the past couple of weeks, we’ve had some big industry news. In the automotive world, Honda and Nissan merged to form the largest car manufacturer in Japan. Before President Biden left office, he made sure to distribute more CHIPS Act money to bring some measure of electronics manufacturing back to the U.S. And former President Jimmy Carter died at the age of 100 and was honored on Thursday, reminding us all what true integrity looks like.
PC Market Closed out 2024 with Slight Growth and Mixed Views on What 2025 Will Bring
01/10/2025 | IDCPC shipments during the fourth quarter of 2024 grew 1.8% from the prior year with global volumes reaching 68.9 million shipments, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.