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The market for rigid-flex PCBs, though smaller than those for other PCB product lines, is gaining expansion momentum as more PCB makers in Taiwan and China are moving to expand their rigid-flex board businesses to tap potential demand driven by increasing IoT and automotive applications.
Currently, battery modules, camera lens modules and true wireless stereo (TWS) headsets are the three major application segments for rigid-flex boards. PCB makers are most eager to tap the camera module segment as rigid-flex boards are the top choice for such modules whether used in handsets or automobiles.