Mei Ri Jing Ji Xin Wen·2025-09-18 11:41Core Viewpoint - The PCB industry is experiencing significant growth driven by the demand for AI computing power, with leading companies expanding their high-end HDI production capacity to capture premium orders in the market [1][2]. Group 1: Company Developments - Dongshan Precision has initiated a $1 billion investment plan to enhance its capabilities in high-end PCBs and optical modules, focusing on AI computing needs [2]. - The company has already allocated approximately $200 million for upgrading existing facilities, with new production capacity expected to be released in the first half of next year [2]. - Dongshan Precision's revenue for the first half of 2025 reached 16.955 billion yuan, a year-on-year increase of 1.96%, with electronic circuit products contributing 11.059 billion yuan, accounting for 65.23% of total revenue [3]. Group 2: Market Trends - The PCB industry is witnessing a trend of increasing product layers and prices, with a focus on high-density and multi-layer PCBs to meet the growing demands of AI applications [2][4]. - Shenghong Technology reported a revenue of 9.031 billion yuan for the first half of 2025, an increase of 86.00%, with a net profit of 2.143 billion yuan, up 366.89% year-on-year [4]. - The average selling price (ASP) of PCBs is experiencing exponential growth due to rising manufacturing complexity and demand for higher performance [4]. Group 3: Competitive Positioning - Dongshan Precision ranks third globally in overall PCB production and second in flexible circuit boards (FPC) according to Prismark [3]. - Shenghong Technology is positioned as the sixth largest PCB supplier globally, with a strong focus on expanding production lines in Thailand and Vietnam to meet diverse customer needs [5].