According to Taiwan media "Business Times", the market continues to face pressure from to destock , resulting in the traditional electronic peak season in the second half of the year. Although some PCB factories still view their operations in the second half of the year, there are also many conservative board factories. According to TPCA statistics, the revenue of PCB raw materials on the listed counter in Taiwan in September decreased by 3.6% month-on-month and 28.01% year-on-year, and the cumulative revenue in the first nine months decreased by 5.01% year-on-year.
PCB operators said that in the second half of the year, the demand for Apple new products remains stable compared with other applications, and most other applications are still destocking. Even Netcom/server and automotive use have always been in good demand. Continuously lowering inventory in the second half of the year is the primary goal of most manufacturers.
Some other industry players also pointed out that since the war, inflation and interest rate hikes, consumption power has continued to shrink. Even if it enters the traditional peak season of the third quarter, the client has bluntly said that it is necessary to sell inventory and is also indifferent to the outlook for the fourth quarter. Even in the subsequent European and American festival sales schedule, it is expected that buying is not very hot, and it is expected that the electronics industry inventory will be high-end, which will still take more than 6 months to digest.
