As a manufacturer deeply rooted in the PCB industry, we solemnly commit to maintaining original pricing for all existing cooperative customers in the face of the current round of raw material price spikes and supply chain fluctuations. We aim to tide over the industry-wide cost challenges together with our customers through stable product delivery and pricing.
 
Gold and copper serve as core raw materials for integrated circuit (IC) substrates, accounting for over 30% of their total manufacturing costs. Moreover, the more advanced the substrate technology is, the higher the proportion of gold and copper used, making their price fluctuations pivotal to the industry. Since the start of 2025, gold prices have surged by 50% and copper prices by 40%, directly plunging South Korea’s PCB industry into a profitability predicament. According to a survey conducted by the Korea Printed Circuit Association (KPCA), over half of local manufacturers are unable to pass on cost pressures to end-product prices. Downstream semiconductor manufacturers are highly sensitive to substrate price hikes to safeguard their own product competitiveness, forcing PCB suppliers to absorb cost increases on their own; some enterprises have no choice but to raise prices of newly launched products to ease cost pressures.
 
The raw material price surge is not limited to metals. Driven by the explosive demand for AI servers and accelerators, the high-end substrate market is expanding rapidly, leading to tight supply of copper-clad laminates (CCL) and high-end prepregs. By the end of 2025, delivery lead times have lengthened significantly—Mitsubishi Gas Chemical (MGC), a leading supplier, has extended its standard 4-week delivery period to 20 weeks. Cost pressures continue to mount: copper foil accounts for 35%–40% of CCL’s total manufacturing costs, and coupled with price increases due to tight supply of fiberglass cloth, CCL manufacturers have seen their production costs rise by 8%–12%. To fully offset these raw material cost increases, product price adjustments would need to reach at least 20%.
 
Against this backdrop, major CCL manufacturers in mainland China and Taiwan have initiated price hikes. Kingboard Holdings issued two urgent price adjustment notices within just one month, with cumulative price increases reaching 15%–20% in 2025. Meanwhile, Taiwanese enterprises including EMC, TUC, Iteq, Nan Ya Plastics, and Ventec International Group have raised quotes for mid-to-low-end product lines since Q4 2025 to pass on rising costs to downstream businesses.
 
Industry-wide cost pressures persist. How to balance costs, pricing, and supply chain stability has become a common challenge for all PCB enterprises. Currently, most PCB suppliers have raised prices across all orders, with a $2 per square meter increase for HASL boards and a $5 per square meter increase for ENIG boards. Adhering to the principle of honesty and credibility in cooperation with all customers, our company will maintain the original price for all repeat orders, and only adjust the quotation for new projects.