QYR Market Research Global IC-Substrate market research | Page 4

QYR • In 2016, about 12518 K m² of IC-Substrate are produced worldwide, generating the revenue of about $7061 million. The compound annual growth rate (CAGR) of sales volume will maintain around 2.35 percent between 2016 and 2022 as predicted by the report, the global sales in 2022 will reach 14396 K m² and $6559 million revenue. • The global average price of IC-Substrate is in the declining trend in 2012- 2017, from about 817 $/m² in 2012 to 564 $/m² in 2016. And the price will be in declining trend while there are more and more players come.