范德萨范德萨
Expansion underway
Makers of PCBs in Shenzhen continue to boost their production to meet rising demand domestically and overseas. In recent years, there have been significant new investments toward this end.
Kinwong built a factory scheduled to start mass production in 2025. The facility is in Yanluo and has a total area of 180,000sqm. In addition to IC substrates, it will turn out advanced high-density PCBs for use in 5G communications and new energy vehicles. The company targets to rack up an annual production value of $970 million from this venture.
The industry buildup extends beyond Shenzhen and China, as in the case of Avary Holding’s factory construction in Thailand. Slated to begin manufacturing on a mass scale in the second half of 2025, this new facility will specialize in PCBs for vehicles and servers. In 2023, these applications yielded $74.86 million in revenue, a 71.45 percent increase from the previous year. The company expects to sustain this level of growth in 2025 and 2026.
