

Investments from the top advanced packaging players over the last two years exceed one third of the market’s value projected for 2027.
Key features of the monitor
- Direct access to the analyst providing opportunity for Q&A
- Packaging industry dynamics highlights and analyst point of view
- Quarterly data update on key advanced package types, including FCCSP, FCBGA, WLCSP/Fan-In, Fan-Out packages, 3D-stacked packages, and SiP
- Market forecast through 2027, in $US, units and wafers
- ASP analysis, per market segment
- End-product/device application mix
- Key process/technology mix
- Supplier market shares for TSMC, Semco, Samsung Electronics, Amkor, JCET, ASE w/SPIL, PTI, Nepes, SPIL, Huatian, TFME, SK Hynix and Sony
- Demand forecast through 2027, by category including mobile, consumer, telecom, and infrastructure
- CapEx and capacity per supplier
Product objectives
- The Fan-Out, WLCSP/Fan-In, 3D Stacked, FCBGA, FCCSP and SiP markets are studied
- Near-term market dynamics on a quarterly basis
- Long-term market dynamics for 2021-2027
- CapEx and capacity per major player
- Market shares of leading OSATs/Foundries/IDMs
- Package ASP per given market/platform
- Device/application adoption for advanced packaging technologies
What’s new
- End systems updated in all modules
- FCBGA, FCCSP and UHD FO ASPs were revised and updated to reflect substrate price increase
- CIS forecast was updated impacting overall 2.5D and 3D forecast
- 2.5D and 3D stacked packaging platforms segmentation update
- UTAC’s revenue was updated, YoY and the OSAT ranking was updated accordingly
- More Chinese OSATs were added to the list of main players to get a better understanding of the strengthening of this growing ecosystem
- A study on the top 10 Chinese OSATs was added
- New commercial products using advanced packaging technology were announced or released
This monitor is not part of our Bundled Offer and full Yole Développement yearly subscription.
Table of contents
About the authors
Modules overview
Advanced packaging monitor scope
Methodology
Key terms & definitions
Market segmentation
Table of contents
Who should be interested in this monitor
Glossary
What has changed this quarter in the market forecast
Packaging Industry dynamics highlights
- Top players revenue
- Top 10 Chinese OSATs
- Quarterly state of the OSATs
- Chip shortage and its impact on the OSAT industry
- New updates this quarter
Analyst commentary: market dynamics
Capex highlights
Advanced packaging platform definitions
Advanced packaging roadmapSupply chain overview
Key market metrics at a glance: Revenue, units, wafers
Fan-Out market dynamics
- Fan-Out dynamics
- Fan-out production per supplier
- Fan-Out market share
- Fan-Out revenue
- Fan-Out shipments
- Fan-Out pricing dynamics
- UHD FO, HD FO & Core FO
- WLP & PLP CapEx per Supplier (Fan out & wlcsp)
- FOWLP & PLP Capacity per Supplier
Fan-Out package application mix
WLCSP market dynamics
- WLCSP dynamics
- WLCSP revenue
- WLCSP production per supplier
- WLCSP market share
- WLCSP pricing dynamics
WLCSP application mix
Scope of module: SiP
SiP market dynamics
- SiP dynamics
- SiP revenue
- SiP shipment
- SiP market share
- SiP production per supplier
SiP package application mix
FCBGA packaging market dynamics
- FCBGA dynamics
- FCBGA market share
- FCBGA cost structure
- FCBGA revenue
- FCBGA production per supplier
- FCBGA revenue per supplier
FCBGA packaging application mix
FCCSP packaging market dynamics
- FCCSP dynamics
- FC CapEx per player
- FCCSP market share
- FCCSP cost structure
- FCCSP revenue
- FCCSP production per supplier
- FCCSP revenue by supplier
FCCSP packaging application mix
3D-stacked packaging market dynamics
- 3D-stacked dynamics
- 3D-stacked revenue
- 3D-stacked production per manufacturer
- 3D-stacked market share
3D-stacked package application mix
Supplier details
- Foundry
- TSMC
- UMC
- IDM
- Intel
- SONY
- Samsung electronics
- Texas Instrument
- MICRON
- SK HYNIX
- YMTC
- OSATs/Substrate suppliers
- SEMCO
- ASE w/USI w/SPIL
- JCET
- AMKOR
- PTI
- TFME
- NEPES/NEPES LAWEH
- CHINA WLCSP
- HUATIAN
Yole Group of companies related reports
Yole Développement presentation
Description
Packaging industry dynamics 2021 top players revenues
2021 was a great year for Advanced Packaging with ASE continuing to dominate market revenues, followed by Amkor. Intel kept its third position in the ranking, followed by JCET and TSMC. Yole’s quarterly advanced packaging monitor provides a top 30 Outsourced Semiconductor Assembly and Test (OSAT) company ranking for revenues in 2021 and year-on-year (YoY) growth. 2021 had larger YoY revenue growth compared to 2020, with the fastest growing OSATs being mainly Chinese.
The Advanced Packaging (AP) market’s total revenue reached $32.1B in 2021 and is expected to record a 10% Compound Annual Growth Rate (CAGR) reaching $57.2B in 2027. 5G, automotive infotainment/advanced driver assistance systems (ADAS), artificial intelligence (AI), data center and wearable application megatrends continue to move AP forward. In this monitor, quarterly data update on key advanced package types is presented, including Flip Chip Chip Scale Packaging (FCCSP), Flip Chip Ball Grid Array (FCBGA), Wafer Level Chip Scale Packaging (WLCSP)/Fan-In, Fan-Out packages, 3D-stacked packages, and System-in-Package (SiP).
Capital expenditure (capex) highlights – Investments and expansion
In the last two years, the top AP players have invested over one third of the market’s value projected for 2027. Yole’s quarterly advanced packaging monitor tracks the 2022 AP capex ranking, which in total is expected to reach $15B, 26% higher than the previous year. Intel and TSMC remain as the top capex contributors. They keep investing in new advanced packaging sites, mainly for 3D packaging development and hybrid-bonding. Third place is held by ASE, which will keep supporting its strategic alliance with TSMC. Both companies are not competing but rather supporting each other. TSMC assures enough available capacity to avoid competition from Intel, while ASE can secure its dominance as the top OSAT. Yole provides a detailed view on the top players’ investments and strategies. We also analyze hybrid bonding technology’s status, and how will it evolve to a larger production scale in the future.
China’s OSAT ecosystem
It has been noted that the biggest revenue growth in AP is happening inside the Chinese OSAT ecosystem. The Chinese government has been heavily investing as it wants to grow and strengthen regional semiconductor development and supply.
This monitor quarterly update includes a study of the top 10 Chinese OSATs. The top three Chinese OSATs are part of the world’s top 10 OSATs and contributed 85% of the top 10 Chinese OSATs’ revenue in 2021. Chinese OSATs are mainly investing in Advanced Packaging platforms instead of traditional packaging. The top players are especially targeting high-end technologies for the future.
Monitored companies
AMD, Amazon, Amkor, AOI Electronics, Applied materials, Ardentec, Arm, ASE, ASM, Besi, Carsem, China Resources Microelectronic, China WLCSP, Chipmore Technology, ChipMOS, Chippacking, Deca, Forehope, Formosa Advanced Technologies, ESWIN, GlobalFoundries, Global Unichip Corporation, Google, Graphcore, Greatek Electronics, Hana Micron, Hanmi, HiSilicon, Inari Berhad, Infineon, Institute of Microelectronics, Intel, JCET, King Yuan Electronics, LB Semicon Inc., Lingsen Precision Industries, Meta, Micron, Microsoft Corporation, Murata, Nepes, Nvidia, Orient Semiconductor Electronics, Payton Technology, Powertech Technology, Qorvo, Qualcomm, Samsung Electronics, Semco, SFA Semicon, Shibaura, Sigurd Microelectronics, SkyWater, Smart Equipment Technology, Sony, SK Hynix, Skyworks, Taiyo Yuden, Taiji Semiconductor, Texas Instruments, TianShui Huatian, Tong Hsing, Tongfu Microelectronics Co., Ltd., Tower Semiconductor, TSMC, UMC, Unisem Berhad, UTAC, Walton Advanced Engineering, Wisol, Xinhuicheng, YMTC, Ziguang Hongmao and more.