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94 PCB007 MAGAZINE I MARCH 2019 very good number, especially given that in the second half of the year, the demand for mining machinery declined. Other fast facts include: • The cellphone market is still maintaining an average annual growth rate of 2–4% • Although only occupying a small share currently, the wearable electronics market is expected to grow by 12–14% • Television shipments maintain an average annual growth rate of 2–3% • Automobile PCBs grow by 6–7% each year • Starting from 2019, the demand for PCBs for 5G communication will be increased by large quantities, and this situation will last for several years • In other areas—such as medical, industrial, military, etc.—the annual PCB demand will steadily increase 2. How will the global share of Mainland China change? After leading for more than a decade, the in- dustry growth rate in Mainland China is ex- pected to be 12.5% in 2018. This is a surprising number. In the shadow of the trade war, the PCB industry in Mainland China has achieved excellent results of over 10% growth against the trend. This also means that the global share of Mainland China will reach 52.6% in 2018 and continue to grow by 2.1% from 50.5% in 2017. Dr. Hayao Nakahara, president of N.T. In- formation Ltd., was even more optimistic. He pointed out that despite the long-term un- certainty of the Sino-U.S. trade war, with the trend of China's investment in PCB industry, China's PCB output would probably account for more than 70% of the global PCB output in the next five to six years. The process of industrial transfer from the rest of the world to Figure 1: Geographic migration of PCB production.