Flexible Electronics News

Global Semiconductor Packaging Materials Market to Reach $20.8 Billion by 2024: SEMI, TechSearch

Growth drivers: AI, big data, 5G infrastructure build-out, 5G smartphone adoption, enhanced safety features for automobiles, and more.

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By: Anthony Locicero

Copy editor, New York Post

The global semiconductor packaging materials market will track chip industry growth to expand from $17.6 billion in revenue logged in 2019 to $20.8 billion in 2024, a 3.4% CAGR), SEMI and TechSearch International forecast in the Global Semiconductor Packaging Materials Outlook.    A number of semiconductor industry growth drivers will power the surge including big data, high-performance computing (HPC), artificial intelligence (AI), edge computing, advanced memory, the 5G infrastructure buil...

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