China’s 5G Ambitions Push Two Huawei Suppliers to New Highs
- Printed circuit boards are essential for all electronics
- Investment in 5G by China will buoy shares of PCB makers
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China’s ambitions for next-generation wireless networks have propelled the country’s two leading printed circuit boards makers to new heights. The party may just be getting started.
Jiangsu-based WUS Printed Circuit Kunshan Co. and Shenzhen-based Shennan Circuits Co. shot to record highs on Friday, capping a stunning months-long run on anticipation of billions of dollars in spending by Chinese carriers on fifth-generation networks. PCBs are vital for a spectrum of electronics from smartphones to base stations to smart cars.