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The market for substrate-like PCBs (SLP) is likely to become an oligopoly, given that only a few leading PCB manufacturers are capable of developing related production technologies and scaling up their output according to customer demand, according to a Digitimes report.
Japan's Meiko Electronics and Taiwan-based Zhen Ding Technology are among the few PCB suppliers looking to expand their SLP production capacities. These players have already improved their SLP production yield rates to mature levels while securing orders from major smartphone brands. According to Digitimes, several other PCB firms capable of producing SLP products continue to take a wait-and-see approach with no plans to scale up their SLP output, given that the SLP adoption among smartphones is still low. Apple and Samsung remain the major companies adopting SLP in their smartphone devices.