Kingboard laminate and PCB concept stocks rose sharply due to tight supply and demand and price increase tide
Kingboard Laminates shares jumped 5.45% to 7.07% during the intraday session on May 22, hitting a record high. Driven by the tight supply and demand of copper-clad laminates and the price increase in the industry, Korean PCB manufacturers made unconventional pre-orders, and the delivery cycle was extended. The accumulated price increase of Kingboard exceeds 40%, and the cost transfer ability is strong, which drives the overall strength of the PCB sector.