Ukushoda Kwezinto Ezisetshenziswayo ze-PCB ngo-2026

Ukuntuleka kwezinto ze-PCB ngo-2026 akuyona into eyodwa entulekayo. Kuyizithiyo eziyisithupha ezihambisanayo phakathi kwe-PPE/PPO resin, indwangu yefayibha yengilazi ephansi ye-CTE, i-HVLP copper foil, ama-tungsten carbide drills, i-electronic-grade chemistry kanye nemishini yesitshalo se-CCL uqobo. Ngayinye inembangela ehlukile, ukuhlushwa okuhlukile komkhiqizi, kanye nesikhathi esihlukile sokutakula - futhi ngayinye ivimbela indlela ecacile yokuxazulula ezinye. Umphumela ohlangene ukuthi izikhathi zokuhola kulo lonke imboni ziye zanda kakhulu, kanti abenzi be-CCL abahlanganisa i-Kingboard, i-Shengyi, i-MGC, i-Resonac, i-EMC kanye ne-TUC bathuthele ekuhlinzekweni okusekelwe ekunikezelweni.

Lo mhlahlandlela udlula embotsheni ngayinye ngabakhiqizi bezinto ezibonakalayo, izinombolo zamandla kanye nezikhathi zokunwetshwa. Umongo wamanani usekuhlaziyweni kokwenyuka kwentengo ye-PCB , ezomnotho zezinto ezibonakalayo kumhlahlandlela wezindleko zezinto zokwakha ze-PCB , uhlangothi lwesidingo se-AI ekuhlaziyweni kwesidingo se-PCB seseva ye-AI , kanye nezimpendulo zokuklama nokuthengwa kumhlahlandlela wokunciphisa izindleko ze-PCB.

1. Izithiyo Eziyisithupha, Izikhathi Eziyisithupha Ezihlukene Zokululama

Izithiyo ngasinye kweziyisithupha ezingezansi sinomugqa waso wokushayela kanye nokwandisa amandla. Ziyahambisana — lapho ukuntuleka kwe-PPE kusunduza isidingo siye ku-FR-4 ephezulu ye-Tg, amandla e-FR-4 amunca isidingo esisusiwe futhi izikhathi zokuhola ze-FR-4 ezijwayelekile ziyanda. Lapho amandla e-foil ye-HVLP ebhukhiwe ngokugcwele ngamakhasimende e-AI, amandla e-foil ye-ED ejwayelekile nawo ayaqina ngoba imigqa efanayo ingaguquguquka phakathi kwamabanga. Uhlelo luxhumene ngokwanele kangangokuthi ukuxazulula i-bottleneck eyodwa akuzikhululi ezinye.

Kungani izikhathi zokuhola ze-PCB zikhule kangaka ngo-2026->

Ngoba ukwenziwa manje kuqala kuphela ngemva kokuba ibanga elifanele le-CCL linikezwe i-oda lakho, hhayi lapho i-PO ibekwe. I-CCL inikezwa kuphela ngemva kokuba i-resin, i-copper foil kanye nendwangu yengilazi edingekayo ukwakha lelo banga sekuqinisekisiwe. Izikhathi ezijwayelekile zokuhola ze-FR-4 zisuke emavikini angu-2-3 zaya emavikini angu-6-8 . Amabhodi okulahlekelwa okuncane kwe-M6/M7 asuke emavikini angu-4-6 aya emavikini angu-14-18 . Ingilazi ye-M8/M9 Q inikezwa kuphela emavikini angu-20+ ngaphezulu. Isikhathi sokuhola ngo-2026 siyisilinganiso sokuthi kuthatha isikhathi esingakanani ukuvikela izinto ohlelweni lwe-quota, hhayi ukuthi umenzi umatasa kangakanani.

2. I-PPE/PPO Resin: Umthombo Owodwa ku-70% Wokunikezwa Komhlaba Wonke

Isenzakalo esibaluleke kakhulu sezinto ezilodwa ngo-2026 ukuphazamiseka kokunikezwa kwe-resin ye-PPE (polyphenylene ether). I-PPE — ebizwa nangokuthi i-PPO (polyphenylene oxide) — iyisizinda se-resin sezinhlelo ze-laminate zokulahlekelwa okuphakathi kanye nokulahlekelwa okuphansi ezincike kuzo i-elekthronikhi ephezulu, kufaka phakathi i-Panasonic Megtron 6/7 , i-Isola I-Speed , kanye namazinga amaningi e-M4-M7 CCL asetshenziswa engqalasizinda ye-5G, amaseva e-AI, i-radar yezimoto kanye nokuxhumana kwejubane eliphezulu.

Indawo yabakhiqizi igxile kakhulu:

• ISABIC — ngokomlando umhlinzeki omkhulu kunabo bonke emhlabeni we-resin ye-PPE emsulwa kakhulu. Cishe ama-70% e-PPE ehlanzekile kakhulu emhlabeni wonke avela esikhungweni esisodwa se-SABIC.
• U-Asahi Kasei (旭化成, Japan) — ikhiqiza i-PPE resin ngezinga elincane.
• I-Mitsubishi Gas Chemical (MGC, Japan) — ikhiqiza i-PPE kanye nemisebenzi yayo ye-BT kanye ne-CCL.
• I-Romira (eJalimane) — i-PPE compounder ekhethekile yezinhlelo zokusebenza zobunjiniyela.

Ukuphazamiseka kokukhiqiza emthonjeni owodwa omkhulu we-PPE ekuqaleni kuka-Ephreli 2026 kunciphise kakhulu ukunikezwa komhlaba wonke okusebenzayo. Abakhiqizi abahlukile abakwazi ukufaka igebe elingu-70% ngokushesha. Ngokuhlaziya kwemboni, ukululama kulindelwe esikhathini sezinyanga eziyi-6-9. Umphumela wokusabalala emakethe ye-laminate ube mubi kakhulu - abathengi abaphakathi kokulahlekelwa abakwazi ukuthola i-Megtron 6 bashintshele kuma-laminate epoxy ane-Tg ephezulu njengesinye sesikhashana, bemunca amandla e-epoxy avame ukukhonza i-FR-4 ejwayelekile.

Ingabe kukhona okunye okungathatha indawo yokuhlinzekwa kwe-PPE okuwumthombo omkhulu kunayo yonke->

Akudingeki esikalini. Abakhiqizi be-PPE abasele emhlabeni wonke (u-Asahi Kasei, uMGC, uRomira) basebenza ngezinga elincane kakhulu futhi abakwazi ukufaka ndawonye igebe lokuphakelwa elingu-70% phakathi nonyaka. Abenzi be-laminate baphatha ngokusebenzisa isitokwe se-PPE esikhona, befanelekela amakhemikhali e-resin ahlukile lapho ishidi ledatha le-laminate livumela khona, futhi bamukela ukuthi eminye imiklamo kumele ihlelwe kabusha okwesikhashana ibe yi-stackups yezinga eliphezulu noma ebanzi.

3. I-T-Glass ne-Q-Glass: Isikhundla sikaNittobo esingu-90%

Inkinga eqinile kakhulu — enesikhawu eside kakhulu sokubuyiselwa — yindwangu yefayibha yengilazi ethambile ye-elekthronikhi. Ukuhlushwa kokuhlinzekwayo kukhulu kakhulu kunanoma yisiphi isigaba sezinto ze-PCB: I-Nittobo (Nitto Boseki / 日東紡, Tokyo Stock Exchange 3110) iphethe cishe u-90% wemakethe yengilazi ye-T yomhlaba kanye no-60-70% wengilazi ye-NE ngokuhlaziywa kwemboni ye-TrendForce. I-Nittobo yiyona kuphela inkampani emhlabeni ekwazi ukukhiqiza ingilazi ye-T yezinga eliphezulu ngokulinganisela.

Izenzo zeNittobo zamanani kanye nomthamo ngo-2025-2026 zibhalwe kahle:

• Agasti 2025: Ukwenyuka kwentengo cishe ngo-20% kulo lonke umugqa womkhiqizo wefayibha yengilazi.
• April 2026: Ukwanda okwengeziwe cishe ngo-20-30%.
• Ukutshalwa kwezimali kokuqala kwamandla: Cishe I-JPY 15 billion (~$96-102 million) ukuze kwandiswe umthamo we-T-glass engu-3× eFukushima. Izikhungo ezintsha kulindeleke ukuthi ziqale ukusebenza kusukela ekupheleni kuka-2026, zibe nomthelela ogcwele ngo-2028.
• Ukutshalwa kwezimali okwandisiwe: Isamba sokutshalwa kwezimali esingaba ngu- I-JPY 50 billion phakathi kuka-2026-2027 ukuze kukhiqizwe kahle eJapan naseTaiwan.
• Ubambiswano lwe-Nan Ya (Nov 2025): I-Nan Ya Plastics (Formosa Plastics Group) izokhiqiza Ama-20% ezindwangu ezikhethekile ze-glass-fiber ezinikezwa yi-Nittobo emakethe yomhlaba wonke ngo-2027I-Nittobo izohlinzeka i-Nan Ya ngentambo yengilazi ehlala isikhathi eside yengilazi yesizukulwane sesibili ye-Nan Ya ephansi ye-Dk NER.
• Ingilazi ye-T yesizukulwane esilandelayo (2028): I-Nittobo ihlela ingilazi ye-T ethuthukisiwe enokukhula kwe-coefficient of thermal okuthuthukisiwe cishe ngo-30% (kusukela ku-~2.8 ppm kuya ku-~2.0 ppm).
• Inkampani engaphansi kwe-Baotek (5340 TT / 健榮工業): Inkampani engaphansi kweNittobo yaseTaiwan okwamanje ikhiqiza ingilazi ye-NE esezingeni eliphezulu isebenzisa uboya bengilazi yeNittobo, enekhono lokufaka isithando somlilo esingu-500.

Ingilazi ye-T ikhuphuke yafinyelela cishe ku- $100 ngekhilogramu , kanti ama-oda abuyele emuva kwikota yesibili yonyaka olandelayo. Abakhiqizi abahlukile bayakhula kodwa basalokhu bebancane:

Izici ezimbili zesakhiwo zenza ukushoda kwengilazi kuhlale isikhathi eside. Okokuqala, ukwandisa umthamo wengilazi yezinga likagesi kudinga imishini yokudweba enembile ekhona ngezikhathi zokuhola zeminyaka eminingi. Okwesibili, indwangu efanayo iphinde yondle ukukhiqizwa kwe-IC-substrate (i-ABF kanye ne-glass-core substrates yama-GPU namaphakheji e-HBM), ngakho-ke ama-PCB manje ancintisana namaketanga okuphakelwa kwe-semiconductor emiqulwini efanayo yendwangu.

Abakhiqizi bezindwangu zengilazi zaseShayina ezisezingeni likagesi nabo bakhuphula amanani njengoba isidingo sidlula amandla. Ngokombiko wemboni, abenzi bezindwangu baseShayina bakhiphe ukwenyuka kwamanani okune okulandelanayo phakathi kuka-Okthoba noDisemba 2025 kanye noJanuwari noFebhuwari 2026 , kanye nokwenyuka okuhlanganisiwe kuka-2025 okungaphezu kuka-50% kanye nokubikezelwa kokwenyuka kwanyanga zonke okungu-10-15% okuqhubekayo ngo-2026.

Ukunikezwa kwe-T-glass kanye ne-Q-glass kuzokwenzeka nini kube ngokwejwayelekile->

Hhayi ngaphambi kuka-2027-2028 nganoma yimuphi umqondo onengqondo. Ukwanda kwe-Nittobo kwe-3× eFukushima kuqala ukutholakala ku-inthanethi kusukela ngasekupheleni kuka-2026, ngomthelela ogcwele ngo-2028. Umphumela wokubambisana we-Nan Ya ongu-20% ufinyelela esikalini ngo-2027. Abakhiqizi be-Q-glass (Shin-Etsu, Glotech, Feilihua nabanye) bakhula ngesabelo kodwa umkhiqizo ophelele uhlala uncane uma kuqhathaniswa nesidingo se-AI. Kuze kube yileso sikhathi, izinhlelo zokusebenza ezikhokha kakhulu zithola isabelo sokuqala, kanti ezinye izinhlelo zokusebenza ze-PCB zilandelana ngemuva.

4. I-HVLP Copper Foil: I-Mitsui ku-90%+ Isabelo se-Premium

Amanani ajwayelekile e-foil yethusi akhuphuke ngensimbi: i-Mitsui Kinzoku +12%, i-Mitsubishi Gas Chemical +30% ku-foil embozwe nge-resin, kokubili kusukela ngo-Ephreli 2026. Kodwa amazinga e-foil akhethekile anokushoda kwawo, okukhulu kakhulu. I-Mitsui Kinzoku (Mitsui Mining & Smelting / 三井金属) iphethe ngaphezu kuka- 90% wemakethe ye-foil yethusi yesekethe yomhlaba wonke ye-premium-grade , kufaka phakathi i-foil yekilasi le-HVLP edingekayo eziteshini zeseva ye-AI ku-56G, 112G kanye ne-224G signaling.

Indawo yokukhiqiza i-foil yethusi yekhwalithi ephezulu:

Imakethe ye-MLB (ibhodi elinezingqimba eziningi) yefoyile yethusi kulindeleke ukuthi ikhule kusukela cishe kumathani ayi-15,000 ngo-2025 kuya kumathani angu-31,000 ngo-2028 kanye namathani angu-54,000 ngo-2030 . Kwabenzi befoyile yethusi yesekethe, ama-oda ka-2026 asevele edlulile umthamo ofakiwe. I-ASP yefoyile yesekethe ye-MLB ephezulu yeseva ye-AI kanye nemishini yenethiwekhi ingaphezulu kuka- 3× kunefoyile yethusi yebhethri kanye nefoyile ye-mainboard substrate ejwayelekile ; ifoyile ye-semiconductor packing substrate ingaphezu kuka -10× ifoyile yethusi ejwayelekile yenhloso ejwayelekile.

Ikakhulukazi ingxenye ye-HVLP inokukhula kwesakhiwo. Ngokwe-QYResearch imboni yokuhlaziya, imakethe yomhlaba wonke ye-HVLP copper foil ikhula ku-CAGR engaba ngu- 18.3% . I-Asia-Pacific ibusa ngesabelo semali engenayo esingu-52.3% ngo-2025 (~ $941 million) , kanti iJapan ingumholi kwezobuchwepheshe. Ngokusho kokuhlaziywa kwemboni, igebe lokuphakelwa kwe-HVLP4 lanyanga zonke elilindelwe lifinyelela kumakhilogremu angu-500,000-600,000 ngenyanga kusukela maphakathi no-2026 - okusho ukuthi ngisho ne-Co-tech, i-LCY, i-Jiangxi Copper nabanye bekhuphuka, isidingo asikwazi ukuhlangatshezwa.

Ingabe i-VLP foil ingathatha indawo ye-HVLP ukuze kongiwe izindleko kanye nesikhathi sokuhola->

Kuphela ngemva kokubala kabusha isabelomali sokulahlekelwa. Umehluko wobulukhuni phakathi kwe-VLP (~3 μm) ne-HVLP (<2 μm) uhumusha cishe ukulahlekelwa kokufakwa okuphansi okungu-5-8% ngaphezu kwe-10 GHz — ngezinye izikhathi okungu-3 dB ku-trace engu-10-intshi. Uma isabelomali sesiteshi sakho singamunca ukulahlekelwa okwengeziwe ngemva kokuphinda silingise ngemodeli yobulukhuni ethize ye-foil, ukushintshaniswa kungokoqobo. Uma isabelomali sesivele siqinile, iphrofayili ye-foil yenza umsebenzi obalulekile futhi ayikwazi ukwehliswa ngaphandle kokulahlekelwa isiteshi.

5. I-Tungsten Carbide Yezinto Zokubhoboza

Ukubhoboza ngemishini kwe-PCB kusebenzisa ama-tungsten-carbide micro-drills, kanti imakethe ye-tungsten yafinyelela endaweni yokuguquka kwesakhiwo ngo-2025-2026. Amanani e-tungsten carbide afinyelele cishe amazinga ayisithupha angaphambili . Abahlaziyi bemboni babikezela ukuthi amanani aphakathi e-tungsten carbide ka-2026-2030 aphakathi kuka- $450-$500 ngamakhilogremu ayi-10 - ushintsho lwesakhiwo, hhayi ukwanda kwesikhashana.

Abakhiqizi abakhulu be-PCB drill bonke baphendule:

• I-Topoint Technology (尖點科技, Taiwan) imemezele ukwenyuka kwayo kwesibili kwentengo ngo-2026 kwikota yokuqala ka-2026, ngokusetshenziswa kwe-drill bit embozwe nge-coating ephezulu ngaphezu kuka-90% kodwa ukunikezwa kusalokhu kungakwazi ukuhlangabezana nesidingo. I-Topoint isayine isivumelwano sokubambisana esinobuhlakani ne-Topoint. I-Zhen Ding Technology ngoDisemba 2025 ukuze kubholwe i-AI server kanye ne-IC substrate PCB. NgoMeyi 2026, iTopoint yaphakamisa i-PCB. I-NT$600 million (~US$19.1 million) ngamabhondi aguqukayo, okuletha abenzi abakhulu be-PCB njengabatshalizimali ababalulekile. Isabelo sokuthengisa esingu-55% ngo-2026 kuma-drill ambozwe nge-coated ephezulu.
• Ithuluzi leNyunyana (ユニオンツール, Japan) — umholi wezobuchwepheshe bomhlaba wonke kuma-PCB micro-drills — ulungise amanani ahambisana nezindleko zezinto zokwakha ze-tungsten carbide.
• I-Zhongwu High-Tech (中钨高新, China, 000657.SZ) wethule umshini wokubhoboza omncane ombozwe ngedayimane elincane ngokukhethekile Izingxenye ze-Q-glass zebanga le-M9Ukwandiswa kwamandla okugaya ama-micro-drill angamayunithi ayizigidi ezingu-140 kwafinyelela ekukhiqizweni okugcwele ngoMashi 2026, kanye nokwandiswa okwengeziwe kwamayunithi ayizigidi ezingu-130 okuqhubekayo kanye namathuluzi okusika amancane amade kakhulu, anokunemba okuphezulu ayizigidi ezingu-63. Incwadi yoku-oda ibikwe njengebhukiwe ngokugcwele.
• I-DingTai High-Tech (301377.SZ), Amathuluzi e-Wold Diamond (688028.SH), Amathuluzi e-Hengfeng (300488.SZ), i-Huarui Precision kanye ne-Xinrui Shares (688257.SH) — ukwanda kwamandla engeziwe emazingeni aphansi naphakathi emakethe.

Kuma-PCB e-AI server anezingqimba ezingu-44 kanye nezingqimba ezingu-78 anezingqimba ze-Q-glass, izindleko zokusebenzisa i-drill zisebenzisa amazinga ajwayelekile angu-5-8× . I-Q-glass ikakhulukazi inzima futhi ilukhuni kakhulu kune-E-glass ejwayelekile, idinga ama-micro-drill ambozwe nge-nano-diamond abiza ama-multiples avamile futhi anokuphila okufushane okuwusizo ngomphetho ngamunye.

Kungani i-tungsten carbide iyinkinga ka-2026-2030, hhayi ukukhuphuka kwesikhashana->

Ngenxa yokuthi uchungechunge lokuphakelwa kwe-tungsten oluyisisekelo selushintshe kakhulu intengo. Ngokulungiswa kwenqubomgomo yokuphakelwa kweShayina kanye nokwengezwa kancane kancane kwamandla e-US, eYurophu nakwezinye izifunda, inani eliphelele lamandla angewona awaseShayina lihlala lingaphansi kwama-20% okuphakelwa komhlaba wonke. I-tungsten ephinde yasetshenziswa inikela ngesengezo esengeziwe, kodwa intengo ye-tungsten carbide inyukile ngokwesakhiwo. Ububanzi obulindelwe obungu-$450-$500 ngo-10 kg kuze kube ngu-2030 bumelela izinga elisha elijwayelekile.

6. I-Chemistry ye-Electronic-Grade: I-Acid, i-Plating, i-Photoresist

Okufakiwe "kwe-process chemistry" — i-sulfuric acid, i-copper sulfate, i-etching chemistry, i-photoresist, i-solder mask inki, ama-plating bath formulations — kulula ukungazinaki kodwa konke kuye kwaqina ngo-2026.

I-asidi ye-sulfuric kanye ne-feedstock yezinga le-elekthronikhi. Isetshenziswa kumakhemikhali okufaka ithusi, ukulungiswa kwendawo kanye nokulungiswa kodonga. Imakethe ebanzi ye-asidi ye-sulfuric ibilokhu ingaphansi kwengcindezi kuze kube ngu-2026 njengoba ukuphakelwa kuye kwaqina, okufaka isandla ekucindezelweni okuphezulu kwamanani e-chemistry yezinga le-elekthronikhi emhlabeni jikelele.

Uyinki wemaski we-Solder (LPSM). Ulawulwa yiqembu elincane labakhiqizi. Ngokwedatha yomkhakha we-QYResearch, i-Taiyo Ink (太陽インキ製造) , i-Rongda Photosensitive Materials , i-Guangxin Materials , kanye ne -Resonac ndawonye ziphethe cishe u- 72% wemakethe yemaski wemaski we-solder yomhlaba wonke, i-Taiyo ingumholi ocacile. Amamaski e-solder akhethekile (angenawo i-halogen, i-Tg ephezulu, i-matte, i-LED-grade white reflective) wonke aphethe amaphrimiyamu.

I-Dry-film photoresist. Isetshenziselwa ukwenza amaphethini ezici zesekethe yangaphakathi. Ngokwedatha yemboni ye-QYResearch, abakhiqizi abayisithupha abaphezulu baphethe cishe u- 67% wemakethe yomhlaba wonke ye-PCB dry-film photoresist : u-Asahi Kasei (旭化成, nomugqa we-SunFort™ dry-film okhiqizwe eSuzhou naseChangshu), Izinto Ezihlala Njalo (長興材料), i-Resonac, i-Chang Chun Group (長春集團), i-Kolon Industries (코오롱인더스트리), i-Mitsubishi Paper Mills . Abadlali abengeziwe bafaka phakathi i-DuPont, i-Qnity, i-Hunan Chuyuan kanye ne-Hangzhou First Applied Material. I-Japan iphethe cishe u-55%+ womkhiqizo we-dry-film emhlabeni wonke ; i-Asia-Pacific iphethe cishe u-73% wemakethe yomhlaba wonke.

Ikhemistri yokugeza yokucwebezelisa. Abahlinzeki abakhulu bokwenza izinto — iMacDermid Alpha (Element Solutions), i-Atotech (MKS Inc.), i-Uyemura International, iRohm kanye neHaas Electronic Materials (Dow) — bakha amakhemikhali okugeza azimele okufaka ithusi, i-nickel engenagesi, igolide/isiliva lokucwilisa kanye nezinqubo ezifanayo. Amanani ashintshile ngezindleko zekhemistri yokufaka.

7. Imishini Yezitshalo ze-CCL: Izikhathi Zokuhola Zeminyaka Emibili

Inkinga yesithupha ichaza ukuthi kungani ezinye zingeke zixazulule ngokushesha. Impendulo esobala yokuntuleka kwe-CCL ka-2026 ukuthi abenzi be-CCL batshale imali emandleni amasha - futhi, ngezinga elingakaze libonwe eminyakeni engaphezu kweyishumi. I-Shengyi Technology ibike ukukhula kwemali engenayo okungu-108-121% ngonyaka kanye nokukhula kwenzuzo okungu- 476-519% ezinyangeni zokuqala eziyisishiyagalolunye zika-2025, okubonisa kokubili amandla entengo kanye nesidingo. I-EMC kanye ne-TUC zikhulisa umkhiqizo ngamandla. I-Kingboard, i-Nan Ya, i-Doosan kanye ne-Iteq zonke ziyanda.

Kodwa ukwanda kwe-CCL kubangele ukushoda kwemishini, kanti izikhathi zokuhola zokufaka i-lamination enembile kanye nemishini yokufaka i-inpregnation zifinyelela eminyakeni emibili. Abenzi bamathuluzi (iqembu elincane lezinkampani eziningi zaseJapan naseJalimane) abakwazi ukuletha imigqa emisha ngokushesha okwanele. Umkhawulo ofanayo usebenza ku:

• Imishini yokudweba nge-glass-fiber (inciphisa ukwanda komthamo we-T-glass kanye ne-Q-glass).
• Izigayo zokubeka i-electrodeposition ze-Copper-foil (zikhawulela umthamo we-HVLP kanye ne-HVLP5).
• Izitshalo zokwenza i-resin polymerization (zinciphisa i-PPE kanye nokukhishwa kwe-resin okukhethekile).
• Ukucindezela kwe-lamination kanye nemigqa yokufaka (kunciphisa i-CCL throughput).

Isinyathelo ngasinye sochungechunge lwe-CCL oluphezulu okwamanje sinqunyelwe amandla, futhi isinyathelo ngasinye sidinga imishini ekhethekile enezikhathi zokuhola zeminyaka eminingi. Ukwengeza amandla kunqunyelwe ukutholakala kwemishini ebonakalayo, hhayi yimali noma ukuzimisela ukutshala imali.

I-CCL izohlinzeka nini ngokwejwayelekile->

Empeleni hhayi ngaphambi kokuphela kuka-2027 kwamamaki ajwayelekile kanye no-2028 kwamamaki akhethekile e-M7+. Izimemezelo zamandla ezenziwe ngo-2025-2026 ngeke zikhiqize izinto kuze kube yilapho imigqa ye-lamination, imishini yokudweba kanye nama-resin reactors sezilethiwe futhi ziqaliswa ukusebenza. Indlela yesikhashana ukuphatha ngohlelo lokwabiwa, ukufaneleka kwamamaki ahlukile, nokuphatha ukwabiwa kwezinto njengempahla yokuthenga ehlelekile.

8. Okushiwo Uhlelo Lokwabiwa Kwezimali Ngesheduli

Kusukela ngasekupheleni kukaMashi 2026, abahlinzeki be-CCL abaphambili — i-Kingboard, i-Shengyi, i-MGC, i-Resonac, i-EMC, i-TUC, i-Doosan — sebeshintshele ekuhlinzekweni okusekelwe ekwabiweni. Ikhasimende ngalinye linikezwa ithani elimisiwe lanyanga zonke lamamaki athile ngokusekelwe kumanani okuthenga angokomlando kanye nezibikezelo zangaphambili. Amakhasimende amasha, noma amakhasimende acela ukwanda kwevolumu ngokuzumayo, ayenqatshwa noma acashunwe ngentengo ye-premium spot uma kukhona okutholakalayo. Abanye abenzi be-CCL bavimbele izinguquko ze-oda — uma isikhala se-quota sesifakiwe, ibanga kanye nenani akukwazi ukuguqulwa.

Kumenzi we-PCB kanye nekhasimende lakhe le-OEM, lokhu kusho izinto ezintathu ezisebenzayo:

• Isilinganiso asisesona isithembiso sokulethwa ngaphandle kokuqinisekiswa kokwabiwa. Izingcaphuno ze-Fabricator manje zivame ukuba nezigaba "zesimo sezinto ezizoqinisekiswa" ezazingenazo ngo-2024. Isilinganiso esiqinisekisiwe sisho ukuthi umenzi we-CCL unikeze lowo mkhiqizi izinga kanye ne-tonnage ngaleyo oda ethile.
• Ukuthembeka kwesibikezelo kuqhuba isabelo sesabelo. Amakhasimende ahlinzeka ngezibikezelo eziqhubekayo zamasonto ayi-12-26 futhi azihloniphe athola isabelo esingcono kunabathengi bezindawo.
• Izinguquko ze-oda ziyabiza noma azinakwenzeka. Uma sekwabiwe, izinga kanye nobuningi kuyavalwa. Ukushintsha izinga le-CCL phakathi nohlelo kungasho ukulahlekelwa ngokuphelele yisikhala sokwabiwa.

9. Yimaphi Amamboni Athinteka Kakhulu Futhi Athinteka Kakhulu Kakhulu

Ukuntuleka kuka-2026 kuthinta izimboni ngokungalingani. Izimboni ezisebenzisa amamaki aphezulu e-CCL zizizwa kuqala futhi zimbi kakhulu; izimboni ezisebenzisa i-FR-4 ejwayelekile zizizwa kamuva kodwa ngokungenakugwenywa njengoba isidingo esishintshile sithatha amandla e-FR-4.

Kungani i-FR-4 ithinteka uma ukushoda kwe-PPE kungaphezulu kwamazinga aphezulu->

Ngoba isidingo singaba khona kuwo wonke amamaki. Abathengi abalahlekelwa kakhulu abakwazi ukuthola i-Megtron 6 bathuthela ama-oda ku-high-Tg FR-4 njenge-insert yesikhashana, bemunca amandla avame ukukhonza abathengi bezimboni. Abathengi bezimboni bese beshintshela phansi ku-FR-4 ejwayelekile. Umphumela: yize umcimbi we-PPE ungaphezulu kwe-FR-4, izikhathi zokuhola ze-FR-4 zisukela emavikini ama-2-3 kuya emavikini ayi-6-8 . Ayikho ingxenye yemakethe ye-laminate evikelwe.

10. Indlela Ama-OEM Anganciphisa Ngayo Ukuchayeka Kokunikezwa Kwempahla

Incwadi yokuthenga ka-2026 ihlukile ku-2020-2024 ngendlela eyodwa eyisisekelo: ukuvikela ukwabiwa kwempahla kubaluleke kakhulu kunokuxoxisana ngentengo . Emakethe yesabelo, ikhasimende elinokunikezwa okugciniwe lithola ibhodi ngesikhathi; ikhasimende elifuna isilinganiso esincane kakhulu lingase lingatholi ibhodi nhlobo.

• Abakhiqizi ababili abafanelekayo ngohlobo lwebhodi. Iphuzu liwukuthi imali ebolekiwe ayidingeki, hhayi inzuzo yokuxoxisana.
• Ukubikezela kweviki eli-12-26. Shintsha izibikezelo zamasonto angu-4-8 ngezindawo ezinde ezithembekile. Isabelo sinikezwa ngokuhambisana nokuzibophezela kwezibikezelo.
• Ibanga lesibili le-CCL elifanelekile ebhodini ngalinye. Amabhodi e-Megtron 6 kufanele abe nezinto zesibili ezifanayo ezifanelekile (TUC Tachyon-100G, EMC EM-528, Iteq IT-988GSE); amabhodi e-M7 kufanele abe nenye indlela. Ama-stackup e-hybrid (ibanga eliphakeme kuphela ezingqimbeni zesignali ezibalulekile) ayi-hedge yesakhiwo.
• Ukuhlushwa kokunikezwa kwemephu ngomklamo ngamunye. Ibhodi elincike ku-laminate eyodwa ekhethekile, iphrofayili eyodwa ye-foil kanye nebanga elilodwa lengilazi lithwala ingozi ehlanganisiwe kungakhathaliseki ukuthi bangaki abakhiqizi abalicaphunayo.
• Yamukela amanani abhalwe ngenkomba. Izivumelwano zonyaka zentengo engaguquki azisakwazi ukuqhubeka nokuguquguquka. Ifomula yokulungisa i-copper-foil ecacile kanye ne-CCL-grade iguqula ama-spot shocks abe ububanzi obulawulwayo.

Izisekelo eziseceleni komklamo (usayizi wesokudla wezinto ezibonakalayo, ama-stackup ahlanganisiwe, ukusetshenziswa kwamaphaneli, i-DFM) zimbozwe kumhlahlandlela wokunciphisa izindleko ze-PCB . Ngo-2026, lezi akuzona izindlela zokunciphisa izindleko ozikhethela zona - ziwumehluko phakathi kwebhodi elithunyelwayo nebhodi elingathunyelwayo.

11. Imibuzo Evame Ukubuzwa Ngokushoda Kwezinto Ze-PCB

Kungani ukushoda kwezinto ze-PCB kuqhubeka nokuba kubi ngo-2026

Ngoba izithiyo eziyisithupha ezizimele zishaya ngesikhathi esisodwa futhi ngayinye ivimbela indlela ecacile yokusebenza kwezinye. I-PPE resin (70% yokuphakelwa ku-inthanethi emthonjeni omkhulu), i-T-glass kanye ne-Q-glass (i-Nittobo ku-~90% T-glass, imishini yomthamo esikhathini sokuhola seminyaka eminingi), i-HVLP copper foil (i-Mitsui ku-90%+ premium share, i-AI demand pre-booking output), i-tungsten carbide (50%+ ngaphezu kwesisekelo sika-2024), i-electronic-grade chemistry, kanye nemishini yesitshalo se-CCL uqobo.

Yiziphi izinto ze-PCB ezinezikhathi zokuhola ezinde kakhulu ngo-2026

I-resin ye-Epoxy: amasonto ayi-15 (kwakuyi-3). Ama-laminate asekelwe ekulahlekelweni okuphakathi / e-PPE: aguquguqukayo, aqhutshwa ukwabiwa. I-CCL yokulahlekelwa okuphansi ye-M6/M7: amasonto ayi-14-18. Ingilazi ye-Q ye-M8/M9: amasonto angaphezu kwama-20, ukwabiwa kuphela. Amanye amamaki e-CCL asebenza ohlelweni lwesilinganiso sezinyanga eziyisithupha. I-FR-4 ejwayelekile isuke emavikini ama-2-3 yaya emavikini ayi-6-8. Imishini yesitshalo se-CCL ngokwayo: cishe iminyaka emi-2.

Ukushoda kukushintsha kanjani uhlelo lwami lwangempela lokulethwa kwezimpahla

Ukwenziwa kuqala kuphela ngemva kokuba izinga elifanele le-CCL linikezwe i-oda lakho, hhayi lapho i-PO ibekwe. Uma i-CCL isesilinganisweni, umenzi kumele alinde isikhala sokwabiwa, esingasusa iwindi lokukhiqiza ngamaviki. Isilinganiso esiqinisekisiwe sisho ukuthi isabelo se-CCL sivikelekile ku-oda lakho; isilinganiso esingaqinisekisiwe sisho ukuthi isikhathi sokuhola singesesikhashana.

Ingabe i-FR-4 ejwayelekile ithintekile ngenxa yokushoda kuka-2026

Yebo. Isidingo esisusiwe ngenxa yokuntuleka kwe-PPE/PPO sishintshele ku-high-Tg FR-4 saya ku-standard FR-4, sidonsa amandla kuwo wonke amazinga. Izikhathi zokuhola ezijwayelekile ze-FR-4 zisuke emavikini ama-2-3 zaya emavikini ama-6-8 . Isikhathi sokuhola se-epoxy resin sisuke emavikini ama-3 saya emavikini ayi-15.

Kuyini ukuphazamiseka kwe-PPE resin futhi kuzohlala isikhathi esingakanani

Ukuphazamiseka kokukhiqiza emthonjeni omkhulu we-PPE resin womhlaba wonke ekuqaleni kuka-Ephreli 2026 kunciphise kakhulu ukunikezwa okusebenzayo. Abakhiqizi abasele (u-Asahi Kasei, MGC, Romira) abakwazi ukugcwalisa igebe elingu-70% ngezinyanga. Ukuhlaziywa kwemboni kuhlela ukululama phakathi nezinyanga eziyi-6-9, ku-Q4 2026 - Q1 2027.