Advanced Packaging Market Leading Players Envisioned By The Analysts Forecast

Global Advanced Packaging Market: Snapshot
Advanced packaging has opened new paradigm in chip making and has transformed semiconductor fabrication processes. Foundries have increasingly benefitted from the automation of advanced packaging process, especially underpinned by growing initiatives by electronic design automation. Efforts are being made to make advanced packaging meet the various conditions of power dissipation, field operation, and most importantly the cost. The evolution of the advanced packaging market also stems from the need for high-performance chips for a range of consumer electronics. This has bolstered the demand for 3D and 2.5D packaging in chips that are used in smartphones and several other mobile devices. Moreover, advances in panel-level fan-out technologies has also opened new avenues in the advanced packaging market.
Growing adoption of next-generation semiconductor platform is propelling the uptake of different advanced packaging techniques. Over the past few years, an assortment of new system-level chip designs have been developed by key semiconductor packaging companies. Chipmakers are seeing new heterogeneous integration techniques process for combining nodes in chip making, which have enabled them to come out with new designs.  
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Global Advanced Packaging Market: Notable Developments
The global advanced packaging market has been witnessing new avenues from technology licensing agreements leading to the expansion in Panel Level Packaging (PLP) and FOWLP technologies. Particularly, this will help providers of advanced packaging solutions to offer new fan-out packaging technologies. Key providers in the advanced packaging market are also expanding their semiconductor lines.
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A Korea-based advanced packaging solution provider Nepes announced in October 2019 that it has decided to license the advanced packaging technology–M-Series—from Deca Technologies Inc., a relatively new wafer-level interconnect foundry. It will also take semiconductor packaging fab. Particularly, it will acquire fan-out wafer-level packaging (FOWLP) production line of Deca Technologies. Such developments considerably expand the potential of the advanced packaging market.

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