In the first nine months of this year, 5G mobile phone shipments in the domestic market exceeded 100 million, and 5G mobile phone shipments accounted for more than 60% of domestic new phone shipments for four consecutive months. The market predicts that in the next five years, China's 5G mobile phone shipments will continue to occupy about half of the global market share.
Based on the driving effect of Apple, Huawei, and Samsung, coupled with the gradual application of millimeter waves, the penetration rate of LCP antennas by China's first-tier terminal manufacturers will gradually increase.
"The LCP film material is an important material for the soft board of the LCP antenna module." Based on the rapid pull of demand, the price of LCP film materials has also been high for a long time. Especially since the second half of this year, the price of LCP has been relatively at 60,000-70,000 yuan/T. Under the dual stimulus of price and demand, Chinese LCP material manufacturers have also seen opportunities. "An insider in the industry said.
At present, there are only three leading LCP material manufacturers in China, SZWT Technology Group, GZJF Technology Group and SHPL Polymer Technology Group, which can achieve stable mass production of LCP resins, and these companies are continuing to increase their LCP material production capacity in the near future.
SZWT recently announced that the project with an annual output of 5,000 tons of liquid crystal polymer LCP materials has been put into production. With the support of this production line, it now has an annual production capacity of 8,000 tons of liquid crystal polymer LCP materials.
At the same time, GZJF is also vigorously increasing its investment in LCP materials. In August this year, it added 3,000 tons of LCP production capacity per year, bringing the total production capacity to 6,000 tons, while SHPL has now built an annual production capacity of 2,000 tons of LCP pure resin.
It can be said that with the continuous advancement of 5G commercialization, especially after the transition from Sub-6G to millimeter wave, the need for LCP antenna modules is self-evident. Therefore, the continuous production of LCP material manufacturers will also benefit simultaneously. .
"With technological innovation and iteration, the cost of using LCP will continue to decrease, and the penetration rate of LCP in terminal applications continues to increase. Chinese module manufacturers are also actively cooperating with material manufacturers to find alternative LCP materials in the Chinese market. ."