Fast iterating 3C account for about 10% of CNC machine tool consumption

3C electronics (computer/communication/consumer electronics) account for about 10% of CNC machine tool consumption. The core equipment is drilling centers and precision carving machines, which are used for processing metal frames of mobile phones, laptop shells, precision connectors, etc. The characteristic of this market is extremely fast iteration - the new product cycle of Apple and Huawei is updated every 12-18 months, and the production line equipment is replaced accordingly. The demand fluctuates greatly, and the consumer electronics boom cycle directly determines machine tool orders. The substitution rate of domestic drilling centers in the 3C field is relatively high, but ultra precision carving machines still rely on imported brands such as Swiss Mikron and Japanese Yasuda Yastar.