target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Share - Doc Document number: # US51693724
Semiconductor Manufacturing Services: 2023 WW Top 10 OSAT Market — Vendor Ranking and Insight
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Abstract
According to Galen Zeng, senior research manager at IDC, "In 1H23, the OSAT market showed a restrained performance because of the impact of the overall industry chain inventory correction. In the second half, however, the market witnessed improvement with the resurgence of demand for packaging and testing services, particularly within the smartphones, AI, and high-performance computing (HPC) sectors. As we venture into the year 2024, the semiconductor industry foresees a trajectory of medium- and long-term growth. The gradual recovery of traditional packaging demand and the surging demand for 2.5D/3D advanced packaging will have a positive impact on OSAT vendors, and the OSAT sector is projected to grow by 13.6% this year."