Semiconductor industry plays an essential role in enabling cutting-edge digital technologies used in diverse industry verticals such as consumer electronics, automotive, medical, space, military, and IT & telecommunication among several others. With continuous growth in advanced technologies such as autonomous driving, 5G, artificial intelligence (AI), and Internet of Things (IoT); and rising research and development investments by semiconductor designing and manufacturing companies present in the country, the US semiconductor industry is anticipated to witness a robust growth over the forecast period of 2021 to 2028. Moreover, the high demand for telecom infrastructure and consumer electronics is fueling the growth of semiconductor assemble, packaging, and testing market in the US. Further, with rising demand of industrial automation, vehicle electrification, autonomous driving, 5G, IoT, and digital connectivity across country.
ASE Group, Amkor Technology, Golden Altos Corporation, Micross, and SkyWater Technology – Prominent Market Participants in US Semiconductor Assembly and Testing Services Market
ASE Group, Amkor Technology, Golden Altos Corporation, Micross, and SkyWater Technology are the five key market players operating in the global US semiconductor assembly and testing services market. The US semiconductor assembly and testing services market is highly fragmented and competitive due to occurrence of huge number of small scale and medium scale manufacturers in both developed and developing economies. The top 5 market players are majorly focusing on various organic and inorganic growth strategies to survive in the US semiconductor assembly and testing services market. Such as, innovation of new technologies to offer enhanced product portfolios to the customers, merger and acquisitions, and expansion strategies.
Based on service, the US semiconductor assembly and testing services market is bifurcated into assembly and packaging services and testing services. In 2020, the assembly and packaging services segment led the market, accounting for a larger share in the market. On the basis of application, the US semiconductor assembly and testing services market is segmented into consumer electronics, automotive, medical, military, space, and others. In 2020, the consumer electronics segment accounted for the largest market share.
Few of the important market initiatives and product developments of US semiconductor and testing services market are mentioned below:
| Year | News |
| 2021 | Deca, an industry-leading pure-play technology provider for advanced semiconductor packaging, announced the introduction of its new APDK methodology. The solution is the result of Deca’s collaboration with Advanced Semiconductor Engineering, Inc. (ASE) and Siemens Digital Industries Software. |
| 2021 | GlobalFoundries announces its expansion plans for its most advanced manufacturing facility in upstate New York over the coming years. This plan includes immediate investments to address the global chip shortage at the existing Fab 8 facility. |
