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Dongwu Securities' latest research report highlights that copper clad laminates, the cornerstone material for printed circuit boards (PCB), exhibit price dynamics that mirror shifts in terminal market demand. Recently, prominent manufacturers such as Weilibang, Kingboard Laminates, and Hongruixing have announced price hikes. The surge in PCB demand is primarily fueled by the burgeoning need for computing power servers, with multilayer boards, high-density interconnect (HDI) boards, and high-frequency/high-speed boards emerging as key demand drivers. HDI boards, for instance, feature multiple layers, intricate circuitry, and minute apertures, necessitating advanced production processes including drilling, exposure, and electroplating. Dongwu Securities advises investors to focus on these pivotal production segments within the PCB industry.
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