Report Code: A12532 | Pages: 370 | Jul 2021 | 4661 Views | ||
Author(s) : Avinash S , Vineet K | Tables: 151 | Charts: 103 |
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The 3D IC market is expected to leverage high potential for consumer electronics and automotive verticals. The current business scenario is witnessing an increasing demand for consumer electronics devices, particularly in developing countries such as China, Japan, South Korea, India, and others. Companies in this industry are adopting various innovative techniques, such as merger & acquisition activities, to strengthen their business position in the competitive matrix.
3D IC is steadily gaining traction, owing to rise in demand for enhanced technologies in various industry verticals, such as integration of IoT & AI, and surge in demand for consumer electronics products. Furthermore, technological development by emerging economies in Asia-Pacific boosts the 3D IC market growth. The 3D IC market is competitive, owing to the strong presence of existing vendors.
The key players operating in the global market include Amkor Technology, ASE Group, Intel Corporation, Samsung Electronics Co., Ltd., and Taiwan Semiconductor Manufacturing Company. These players have adopted various revenue and business growth strategies to enhance and develop their product portfolio, strengthen their market share, and help them increase their market penetration.
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