What is semiconductor packaging and why is it important?

Semiconductor packaging protects and houses delicate semiconductor chips. It impacts factors like cost, performance, and power consumption. Packaging is crucial for various applications like consumer electronics and automotive.

What are the key growth drivers of the semiconductor packaging market?

The growing demand for consumer electronics and the increasing adoption of 3D packaging technology are key factors driving the semiconductor packaging market.

What are some of the challenges faced by the semiconductor packaging industry?

High upfront costs for setting up packaging units and a lack of technical expertise are challenges faced by the semiconductor packaging industry.

How is 3D packaging impacting the semiconductor industry?

3D packaging allows for smaller, lighter devices by enabling vertical chip connections. This trend is expected to boost the semiconductor packaging market.