Rising Demand for More and More Miniaturization of Electronic Gadgets to Increase the Need for SiP Die Technology

The segment of electronics devices has been witnessing many-fold change and evolution in the recent past, wherein many types of feature phones are rapidly being replaced by smartphones as well as tablets and laptops are which are fast replacing personal computers. Furthermore, the rising popularity of the concept of smart homes and smart buildings, wherein electronic devices can be monitored and controlled with the assistance of various mobile applications and it will add to the prosperity of the SiP technologies industry in the years to come.

In this blog post, analysts of TMR Research are answering a few of the important queries pertaining to the system-in-package (SiP) die technology

What are the Growth Promoting Elements that Would Shape the Scenario of System-in-Package (SiP) Die Technology?

We see rising and constant popularity of miniaturization of various gadgets in the electronic industry is further augmenting the requirement of system-in-package (SiP) die technology. System-in-package allows the arrangement of numerous active electronic elements in a single unit so as to function together and give multiple opportunities in a bid to develop advanced yet cheaper electronic gadgets. The growing need to regulate emergence of compact and advanced consumer electronic devices, rise in the number of semiconductor fabrication plants (fabs), rising costs, soaring number of the Internet of Things (IoT) together with design complexities that exist in system-on-chip (SoC) devices are a few of the crucial factors that are anticipated to substantially increment the demand of system-in-package die technologies across the globe.

What Factors Could Restrain and Set the Trend for the Progress of the System-in-Package (SiP) Die Technology?

However, on the flip side, high levels of inventory in the supply chain and fluctuations in the rates of foreign exchange are two of the basic factors that are anticipated to challenge the growth of the system-in-package die technologies and attain its full potential in the years to come. In addition to that, heavy capital is required for the purpose of investment and making foray into this market and the same is restricting many of the prospects of market vendors, which would further better the technology so as to make it more efficient and reduce the cost for the benefit of the end users.

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On the other hand, with a ray of hope there has been growth in the outsourced semiconductor assembly and test (OSAT) vendors coupled with the emergence of fan-out wafer level packaging platform (FOWLP), and growing need for automation in the thriving automotive industry are a few of latest trends in the system-in-package die technologies industry.

Who are the Prominent Market Players and What Could be the Popular Market Strategies to be Adopted by Them?

A few of the prominent market players that adorn the system-in-package die technologies industry comprise names such as Toshiba Corporation, Jiangsu Changjiang Electronics Technology Co., Powertech Technologies Inc., Amkor Technology Inc., Stats Chippac Ltd, Chipbond Technology Corporation, Qualcomm Incorporated, Chipmos Tech. Inc., Nanium SA, Fujitsu Ltd., and Ase Inc. These market players are aggressively emphasizing on the portfolio enhancement and strategic mergers so as to maintain their market foothold. Strategic collaborations, specifically mergers and acquisitions, are estimated to be the popular market strategy of the market players.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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