Rise in demand for consumer electronics, increase in degree of urbanization across the globe, and surge in adoption of smartphones drive the growth of the global outsourced semiconductor assembly and test market. Due to the Covid-19 pandemic, the production facilities and electronics and semiconductors were halted. Moreover, the lack of workforce and disruption in supply chain hampered the demand for OSAT. Rise in demand for consumer electronics, increase in degree of urbanization across the globe, and surge in adoption of smartphones drive the growth of the global outsourced semiconductor assembly and test market. Due to the Covid-19 pandemic, the production facilities and electronics and semiconductors were halted. Moreover, the lack of workforce and disruption in supply chain hampered the demand for OSAT.

By A Silva