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4 PCB007 MAGAZINE I JULY 2022 PCB Finance Class with Jeff De Serrano A Primer on M&A with Tom Kastner A Deeper Look at the CHIPS Act Investment with Chris Peters Source: Global Market Insights A Very Bullish PCB Market LOW MEDIUM HIGH MINI LED 78.3% FLEX 10.3% HDI 7% AUTO 6.4% MULTILAYER 6% CONSUMER 4.9% SINGLE-SIDED 4.3% FASTEST GROWING MARKETS 2021-27 2027 2020 2015 2010 75 65 55 45 MARKET GROWTH BY REGION 2021-27 COMPOUND ANNUAL GROWTH RATE: 4.8% $75 BILLION 2027 2021 2022 2023 2024 2025 2026 $60 BILLION MARKET GROWTH 2021-27 GLOBAL MARKET VALUE ($BILLIONS) Source: Mordor Intelligence Source: Global Market Insights Source: Global Newswire Q4 Concerns: Hold On to Your Hats with Shawn DuBravac Today's M&A: Right on Target with Tom Kastner Printed Circuit Boards: Past the Lobby and Onto the Floor with Travis Kelly and Rep. Blake Moore 52 58 80 10 30 42 JULY 2022 • FEATURED CONTENT After years of being squeezed by supply chain dynamics, printed circuit board manufacturing is once again growing across the globe. This begs the question: Is now a good time to invest in PCB fab? In this issue, we explore both the market and government forces at play. Time to Invest? 10 30 42 57 FEATURE INTERVIEWS FEATURE COLUMN Is the U.S. Government Ready to Meet the Test of Technological Leadership? by Dr. John Mitchell 20 24 FEATURE ARTICLE The Challenges of the 2022 PCB Market: The Party's Over by Pete Starkey

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