罗杰斯近两个季度通信相关业务表现（百万美元），ACS包含无线业务 原图定位

高频 CCL 方面，生益科技的份额仍处于提升状态。根据我们产业调研了解，当前华为等国产客户高频 CCL 可选供应商仍然非常少，同时满足品质、交期、价格、规模等要求的企业非常稀缺。我们从全球高频覆铜板龙头罗杰斯（美国，ROG.N）2020Q1 财报说明会信息来看，，公司表示：看到中国无线设备市场需求的迅猛增长“We are expecting significantly higher wireless infrastructure sales, driven by stronger China 5G deployments”，二季度需求反弹且望延续至下半年“5G deployments in China are rebounding in Q2 and is expected to continue into the second half of the year”，感受到贸易摩擦对其的影响、中国客户持续引入国产供应商、在中国某主要客户处的份额将受到限制“we are facing challenges in this market from both the effects of trade tensions…..driven Chinese OEMs to accommodate local Chinese manufactured components and materials……we will likely have limited market share with one of the major Chinese OEMs.”可见生益科技份额在持续提高，而目前国产领域短期很难涌现其他高频 CCL 厂商。