📊Executive Summary

The article discusses the semiconductor market trends, highlighting the growth of advanced packaging and the impact of economic conditions on demand for consumer electronics. It notes that while there were shortages in 2022, demand for certain devices has declined due to macroeconomic factors. The article emphasizes the expected growth in the semiconductor packaging market, driven by data centers, electric vehicles (EVs), and 5G technology. It also mentions that lead times for substrates are decreasing, indicating a potential stabilization in the semiconductor industry. OSAT suppliers are reducing capital expenditures in response to market conditions, but growth is anticipated as demand stabilizes and new fabs come online in 2024....