An era of high inventory

Since the beginning of 2022, we’ve seen weakening end market demand. The global notebok market increased from 158 million units in 2019 to 246 million units in 2021, and it’s natural that the market may not continue to expand in 2022. According to DIGITIMES Research’s latest report, global smartphone shipments in the first quarter of 2022 reached 319 million units, down 7.2% annually, and the annual growth rate for the whole of 2022 is likely to be only 3.1%.

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High-end IC testing demand to stay robust in 2H22

Outsourced semiconductor assembly and testing (OSAT) vendors continue to enjoy strong order pull-in for high-end chips used in automotive, high-performance computing (HPC), and server device applications, which will fill up related bumping, flip chip ball grid array (FC-BGA), land grid array (LGA), and other advanced packaging capacities through the second half of 2022, according to industry sources.

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