5G布局受到贸易战的影响，供应链上PCB产商或受冲击

 本文转载自Jay Liu发表在DIGITIMES上的文章。

China-based PCB makers are eyeing bright business prospects for 2019, bolstered by numerous 5G base stations actively under construction in the country and their close partnerships with leading telecom equipment suppliers Huawei and ZTE, but the opportunities may be undermined by uncertain fallouts of the US-China trade war, according to industry sources.

（仅供参考）：据业内人士称，中国的PCB制造商正在关注2019年的商业前景，这得益于中国正在建设的众多5G基站及其与世界领先的电信设备供应商华为和中兴通讯的密切合作关系，但中美贸易战的不确定性可能会破坏这些机会。

The sources said that 5G mobile communication networks boast high transmission speed yet with smaller coverage areas, and therefore the number of 5G base stations needed will be more than twice that of 4G ones.

（仅供参考）：消息人士称，5G移动通信网络具有较高的传输速度，但覆盖范围较小，因此所需的5G基站数量将是4G基站的两倍多。

This in turn will drastically drive up demand for PCBs, and the unit price of 5G-spec PCBs will double that of 4G ones, providing lucrative business opportunities for major China PCB makers including Shennan Circuits and Wus Printed Circuits.

（仅供参考）：这反过来将大大推动对PCB的需求，5G规格PCB的单价将是4G的两倍，为包括深南电路和沪士电子在内的中国主要PCB制造商提供有利可图的商机。

Shennan Circuits has been deemed the most powerful PCB maker in competing for business opportunities arising from 5G base stations in China, as the company has over 60% of its annual revenues coming from communication applications, with one third of which contributed by Huawei.

（仅供参考）：深南电路一直被认为是竞争中国5G基站商机的最强大的PCB制造商，因为该公司60％以上的年收入来自通信应用，其中三分之一来自华为。

Despite actively developing automotive-use PCBs in recent years, Wus Printed Circuits has also seen more than 60% of revenues contributed by communication-use PCBs, with Huawei and Ericsson among its major customers.

（仅供参考）：尽管近年来积极开发汽车用PCB，但沪士电子还有超过60％的收入来自通信用PCB，其中华为和爱立信是其主要客户。

Industry sources said that Huawei and ZTE together will command around 70% of the 5G base station market in China, and the country is set to establish 80,000 5G base stations at major economic development areas in the first wave of 5G infrastructure constructions in 2019. This has made China PCB makers and other upstream materials suppliers upbeat about upcoming explosion of business opportunities.

（仅供参考）：业内消息称，华为和中兴通讯将共同占据中国5G基站市场的70％左右，并将在2019年的第一波5G基础设施建设中，在主要经济开发区建立8万个5G基站。中国PCB制造商和其他上游材料供应商对即将到来的商机感到乐观。

But the sources also indicated that the construction of the 5G base stations in China would be postponed should the US ban its enterprises from exporting key components to Huawei, now becoming the focus of US-China trade war following the arrest of its chief financial officer Meng Wanzhou by Canada authorities in early December. If so, the explosion of the business opportunities for upstream supply chain partners would also be deferred.

（仅供参考）：但消息人士还表示，如果美国禁止其企业向华为出口关键部件，中国的5G基站建设将被推迟，现在，在其首席财务官孟晚舟被捕后成为美中贸易战的焦点。 如果是这样，上游供应链合作伙伴的商机也将被推迟。