Huan Qiu Wang·2025-07-27 01:44Industry Overview - The global PCB market is projected to reach $73.565 billion in 2024, with a year-on-year growth of 5.8%, and is expected to grow to $94.661 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029 [1] - PCB is essential for the development of electronic devices such as smartphones and AI servers, indicating strong underlying demand in the electronics sector [1] Company Performance - Willgo announced an expected revenue of $700 million to $720 million for the first half of the year, representing a year-on-year increase of 55.41% to 59.85%. The net profit is projected to be between $43 million and $50 million, with a growth of 12.55% to 30.87% [3] - Willgo attributes its performance to increased demand from the AI market, expansion of overseas clients, and advancements in technology, leading to a significant growth in orders [3] - Mankun Technology forecasts a net profit of $60 million to $70 million for the first half of 2025, marking a year-on-year increase of 53.98% to 79.64%, driven by capacity ramp-up and optimization of product and customer structure [3] - Shengyi Electronics expects revenue between $3.65 billion and $3.88 billion for the first half of 2025, a year-on-year increase of 84.98% to 96.73%, with net profit projected at $511 million to $549 million, reflecting a growth of 432.01% to 471.45% [4] - Shengyi Electronics attributes its significant growth to continuous optimization of product structure and strategic capacity adjustments, enhancing its competitive edge in the mid-to-high-end market [4]