Consumer Electronics Industry Rises with the Wind in the 5G Era

Consumer Electronics Industry "Rises with the Wind" in the 5G Era

With the arrival of 5G era, the demand for replacement of smart phones is gradually rising. The innovation of smart phones, wearables and other consumer electronic products is constantly promoting the rapid growth of the consumer electronics industry, thus bringing more development space to the MIM (metal injection molding) market.

It is understood that metal injection molding (MIM) is known as one of the "most popular metal parts forming technologies in the world". Its process has been widely used in many fields, such as automobiles, electronic products, medical devices, consumer goods, etc., and has become the most promising and rapidly developing near net shape technology in the international powder metallurgy field.

At present, Asian MIM products are mainly used in the field of consumer electronics. In 2019, due to the emergence of new design concepts such as lifting, multi camera and folding of smart phones.

With the arrival of the 5G era, and with the trend of thin and light smartphones and high power consumption, the demand for heat dissipation of smart phones continues to increase, and heat dissipation has become an important factor restricting the performance improvement of smart phones.

According to the data of market research institute IDC, the global 5G mobile phone shipment in 2019 will be about 6.7 million units, and it is expected to exceed 400 million units by 2023, which will lead to a sharp increase in the demand for related industrial products such as heat dissipation, with huge market potential. In addition, driven by the Internet era, with the continuous development of 5G, AI and other emerging technologies, the market has also given more space and opportunities for the development of precision transmission.

In the past two years, with the rise of the concept of lift camera, folding screen and TWS housing to the shaft in smart phones, relevant MIMI manufacturers are also constantly developing to meet new market demands.

Qinhuangdao Zhongwei Precision Parts Co., Ltd. will continue to expand the market, explore and develop new products, new technologies, new materials and new processes, and improve the competitiveness of its products and services.