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Testing, Inspection, And Certification Market worth $ 324 32 Billion, Globally, by 2028 at 5 21% CAGR: Verified Market Research
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Testing, Inspection, And Certification Market worth $ 324 32 Billion, Globally, by 2028 at 5 21% CAGR: Verified Market Research™
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tusharApril 25, 2021
Assembly and testing (manufacturing) of outsourced semiconductors offer IC-packaging and testing facilities to third parties. OSATs are merchant vendors. IDMs and foundries often outsource a certain percentage of their IC-packaging production to OSATs with internal packaging operations. Fabless companies often outsource their packaging to the foundries and/or the OSATs. Semiconductors are also used by many modern consumer goods in daily life, such as cell phones, laptops, video cameras, televisions, washing machines, refrigerators, and LED bulbs. Growing popularity of smart TVs, 4 K ultra-HD TVs, 3D programming, video-on – demand content, a preference for large displays, and curved OLEDs drives OSAT revenues. OSATs offer cost-effective and creative solutions which deliver higher efficiency, processing speeds and functionality with space reduction in an electronic device.