Global OSAT Revenue Reaches $8.89B in 3Q21 – EE Times Asia

Article Via : TrendForce

For 3Q21, the revenues of the highest 10 OSAT corporations reached $8.89 billion, a 31.6% YoY building up, in keeping with TrendForce.

As the worldwide vaccination charge rose, and border restrictions in Europe and North The us eased, social actions additionally started to go into a length of restoration, with the patron electronics marketplace apparently in a position for the arriving of the standard height season in the second one part of 2021, in keeping with TrendForce.

On the identical time, alternatively, the worldwide provide chain was once suffering from delays in maritime delivery, skyrocketing delivery prices, and part shortages, along with already-prohibitive worth hikes for sure parts in 1H21. Given the parallel upward push in each subject matter and production prices, the marketplace for finish merchandise has no longer gone through the predicted cyclical upturn in 2H21. Even so, the whole call for for and cargo of smartphones, pocket book computers (Manila News-Intelligencer), and screens skilled QoQ will increase in 3Q21, thereby riding up companies for main OSAT (outsourced semiconductor meeting and take a look at) corporations. For 3Q21, the revenues of the highest 10 OSAT corporations reached $8.89 billion, a 31.6% YoY building up.

Positive main OSAT corporations skilled a slight dip of their capability usage charges because of the continued scarcity of key parts together with chips and substrates, in addition to the electrical energy rationing that restricted each power depth and effort intake in Jiangsu, Zhejiang, and Guangdong on the finish of September. Nonetheless, this dip has had nearly no have an effect on at the OSAT business as a result of sure OSAT corporations shifted their operations to substrate-less packaging applied sciences and reallocated the in the past affected capacities. Therefore, TrendForce is bullish at the efficiency of the OSAT business in 4Q21.

Marketplace leaders ASE and Amkor registered revenues of $2.15 billion and $1.68 billion, which constitute YoY will increase of 41.3% and 24.2%, respectively, for 3Q21. Whilst each corporations had a few of their capacities hindered because of the dearth of chips, lead frames, and substrates, ASE had its lead instances additional prolonged for the reason that its Suzhou-based fab was once suffering from China’s energy rationing. Particularly, because the call for for packaging and trying out smartphone APs, community chips, and automobile chips stays sturdy in 4Q21, ASE and Amkor will proceed to extend within the 5G, IoT, and AI end-product markets in 2022.

SPIL is recently aiming to enhance the R&D operations for complicated packaging applied sciences at its new fab in Erlin, Changhua, since it’ll be not likely to atone for the lack of smartphone AP packaging trade from Huawei within the quick run. SPIL’s earnings for 3Q21 reached $1.04 billion, a fifteen.6% YoY building up. Whilst KYEC in the past suffered reduced capability usage because of the COVID-19 pandemic, it has since made a steady restoration and registered a earnings of $323 million, a 28.5% YoY building up, for 3Q21, due to trying out orders for 5G chips from Qualcomm and MediaTek. PTI, however, basically benefitted from its DRAM packaging and trying out trade. The corporate posted a earnings of $802 million, a 24.0% YoY building up, for 3Q21. However, PTI’s reminiscence packaging capability will most likely go through a pointy decline going ahead, as Intel steadily finalizes the sale of its Dalian fab to SK Hynix by means of 2025, and the settlement between Micron and PTI in regards to the meeting and trying out services and products PTI supplies at Micron’s Xi’an fab expires in 2Q22. In reaction, PTI reallocated some capacities at its new fab in Hsinchu to different strategic priorities similar to CIS packaging and FOPLP applied sciences in 3Q21.

Primary Chinese language OSAT corporations JCET and Hua Tian persevered to take pleasure in China’s pursuit of home semiconductor substitutes. The 2 corporations expanded their provide of OSAT services and products for 5G smartphones, base stations, automobile chips, and shopper electronics. Consequently, JCET and Hua Tian registered revenues of $1.25 billion and $502 million, representing YoY growths of 27.5% and 57.6%, respectively, for 3Q21. Owing to sturdy gross sales by means of its shopper AMD this yr, TFME recorded a earnings of $636 million, an outstanding 59.8% YoY building up, which represents the perfect earnings enlargement some of the best 10 OSAT corporations in 3Q21.

Even though ChipMOS and Chipbond, which focus on packaging and trying out show panel driving force ICs, have been suffering from the slight drop in small-sized TV panel cargo in 3Q21, they have been ready to atone for this loss owing to the slow building up in packaging and trying out call for for such driving force ICs as TDDI and DDI. This building up can basically be attributed to the rising call for for mid- and large-sized TV panels, in addition to the ramp-up of OLED smartphone panels, which sure smartphone fashions started to undertake. For 3Q21, ChipMOS and Chipbond grew their respectively earnings by means of 32.5% YoY and 29.5% YoY to about $257 million and $255 million. On the identical time, as IC design corporations from the upstream provide chain redirected sure orders to ChipMOS and Chipbond according to China’s energy rationing on the finish of September, those two corporations will most likely succeed in new earnings information in 4Q21.

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