The Global Semiconductor Assembly and Test Services market is to grow at a CAGR of 6.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing development of new products. The Global Semiconductor Assembly and Test Services market has also been witnessing an increase in the number of collaborations/alliances among providers and manufacturers. However, the cyclic nature of the Semiconductor industry could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Semiconductor Assembly and Test Services market is the increase in production capacity. As a result of the increasing demand for semiconductor devices worldwide, Semiconductor Assembly and Test Services providers are willing to increase their production capacity to provide services for large orders. Semiconductor Assembly and Test Services providers should be capable of catering to large orders, so that semiconductor manufacturers can outsource their assembly and test services to one Semiconductor Assembly and Test Services provider rather than many. Hence, many Semiconductor Assembly and Test Services providers are enhancing their capacity and the required skilled labor to meet the demand.
One of the main factors driving the market is the increasing number of fabless companies. Fabless companies outsource almost all processes to foundries, which in turn would outsource the assembly and testing requirements to Semiconductor Assembly and Test Services vendors.
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