Country's FPCB output might jump 20% in 2013
CNATAIPEI--The production value of Taiwan's flexible printed circuit boards (FPCBs) for 2013 is expected to rise 20 percent from a year ago, on the back of strong demand from Apple Inc., which serves as a major consumer of global FPCBs, a research report stated.
February 12, 2013, 3:45 am TWN
SinoPac Securities Investment Service Corp. said that Taiwan's FPCB shipments had risen more than 40 percent during the past few years after Apple launched the iPad and iPhone.
The investment advisory firm cited statistics indicating that Apple consumed only 4 percent of the global FPCBs in 2008, but this consumption soared to 37 percent of the world total in 2012, as the iPad and iPhone gained popularity in the global market.
Even if there were concerns in the market relating to slowing sales for Apple's tablet computers and smartphones, the launch of new models by the U.S. consumer electronics giant later this year was likely to continue driving growth in the global FPCB sector, the advisory firm said.
For Taiwan, FPCB shipments for 2013 are expected to rise 20 to 30 percent from 2012, while production value of particular products could grow 20 percent for the year.
In a recent report by Japan-based Nikkei, anonymous sources from Apple's supply chain said the U.S. company had begun cutting orders for displays used in the iPhone 5 from suppliers, such as Japan Display Inc. and Sharp Corp., as early as a month ago. This was an indication that fierce competition had hurt demand for the company's newest smartphone model.