The downstream prosperity of the carrier tape is high: in 2016, China’s integrated circuit output increased by 21% year-on-year, and the output of discrete devices increased by 11% year-on-year. The growth of downstream output will stimulate the demand for plastic carrier belt and form a positive impact on the carrier tape.

Market space: the spacing between the two holes on the plastic carrier tape is relatively wide, including 4mm, 6mm, 8mm, 12mm and 24mm. If the spacing is 8mm, based on the output of about 1134.927 billion pieces / piece of semiconductor discrete devices, integrated circuits and LEDs in China in 2016, the corresponding use of plastic carrier belt is about 9.080 billion meters (about 1.8 billion market share);

In the strategic layout of plastic carrier tape, the company adheres to the same concept as the development of paper carrier belt. Aiming at world-famous plastic carrier belt manufacturers such as 3M and Advantek, the company first purchases black PC particles and simply processes them into plastic carrier belt, which has achieved preliminary mass production, and then extends upstream to independently produce plastic particles for integrated development; The core of the gross margin of plastic carrier tape is mainly raw materials and equipment. The raw materials of carrier tape also determine the packaging effect to a great extent.