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RMB Appreciation Has An Impact Oon PCB Copy Board Business
1246 0 Dec 30.2013, 17:03:00

Keyword: pcb design, PCB copy board,  PCB design industry

Recent years, the RMB exchange rate continues to rise, by one U.S. dollar to 8.30 yuan rose 7.57 yuan against the U.S. dollar, but also continues to rise, accelerated the trend. PCB copy board industry, the majority of large companies PCB design for export-oriented enterprises, pcb+board' target='_blank'>pcb board RMB appreciation makes exports unavoidable costs rising, while export surplus in foreign currencies are translated into RMB corresponding reduction in profits. Some large enterprises on exports is estimated that 5% appreciation of the Renminbi, annual exports increased costs will reach tens of millions of PCB copy board pcb board.

In addition, due to the PCB design industry trade habit, payment clearing large export products have a certain time limit credit period, the RMB appreciation means foreign currency-denominated receivables (claims) corresponding devaluation pcb board. Some large companies have thousands or even billions of dollars in accounts receivable balance, the RMB appreciation will bring greater foreign exchange loss. Of course, companies can balance the foreign currency debt obligations or through use of various financial instruments (including derivative financial instruments) for risk aversion, but will increase the cost of the corresponding financial costs.  From the inlet point of view, to some extent, although the appreciation of the renminbi enterprises imported equipment and raw material pcb board procurement costs down, but PCB copy board supporting the production of RMB-denominated auxiliary materials, labor costs and other larger percentage share of production costs offset the cost of imports reduction advantage.

Meanwhile RMB appreciation on the PCB copy board industry, end-users also have an impact PCB copy board. Electronic machine manufacturers reduce procurement costs due to imports, manufacturers increased demand for foreign electronic devices pcb board, but also a direct impact on the sales of domestic manufacturers.  Industry Association survey by manufacturers, industries and enterprises hope the pace of appreciation should not be too fast, the rate should not be too large, in order to facilitate enterprises to increase the cost of the corresponding gradual digestion. In the exchange rate policy, the RMB appreciation slowing pace appropriate to avoid the cost of doing business growth is too fast, the effect of business fluctuations, is conducive to PCB copy board industry, long-term development PCB design.

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