CITIC Securities: AI PCB is expected to continue driving the need for updates and upgrades in PCB equipment.

According to the research report of CITIC Securities, AI PCB is expected to continue driving the demand for updates and upgrades of PCB equipment. The PCB industry is showing characteristics of returning to an upward trend, product high-endization, and establishment of factories in Southeast Asia. The increase in production and changes in technology are expected to continue driving the demand for updates and upgrades of PCB equipment. Drilling, exposure, plating, and testing are the core processes in PCB production, directly determining the interconnect density, signal integrity, and production yield of circuit boards. AI is driving the industry towards higher layer numbers, finer wiring, and higher reliability, which poses higher requirements on processing technology, resulting in significant changes in each process.