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OCTOBER 2019 I PCB007 MAGAZINE 17 average. The world's top PCB manufacturers (117) grew by 6.5% compared to the previous year in 2018, which is higher than the global PCB growth rate of 5.6% (Table 3). The distribution of PCB output worldwide, ac- cording to NTI statistics, is shown in Table 4. NTI sets the premise for statistical data pro- cessing. If there is a business acquisition trans- action completed in 2018, the seller's revenue will be fully incorporated into the purchaser's prosperous as in 2017, but it still re- mained in good status. The ranking of the world's top PCB manufactur- ers in 2018 didn't change a lot when compared with 2017, according to Table 2. The obvious change is the decline of Japanese companies. Nip- pon Mektron, which once ranked No. 1, dropped to No. 2 in 2017; in 2018, it fell further to No. 3. ZD Tech (Tai- wan) and TTM (USA) now lead the list, respectively. In 2017, five compa- nies among the top 10 were Japanese companies, while in 2018, only four Japanese companies still remained, and their rankings had fallen as well. Meanwhile, PCB companies in Main- land China show the largest growth, holding three seats of the top 20. One Chinese company, Mflex, has broken into the top 10. In 2018, the output of the 117 list- ed companies ($62 billion) account- ed for 83% of global output ($74.5 billion). Generally speaking, 20% of the companies in an industry will ac- count for 80% of the sales. Consid- ering that there are approximately 2,400 manufacturers worldwide, 117 manufacturers account for less than 5% of the total number of providers. Therefore, for the PCB industry, 5% of manufacturers are responsible for 80% of production. The Distribution of Top Companies in the World Table 3 shows the number of com- panies and output values in different countries/regions that broke into the 2018 rank- ings. Among the 117 enterprises, 50 are from China, accounting for 42.7% of the total. Of course, the proportion of the total output value of Chinese mainland enterprises is not high, but the growth rate is the highest (19.33%). Southeast Asia is also growing faster. To avoid the impact of international trade disputes, the investment is turning to Southeast Asia. The growth rate of Taiwan is also higher than the Table 3: Summary of NTI-100 2018 by region, global PCB output. Table 4: World PCB production by region.