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Stock impact report

Ball Grid Array (BGA) Packaging Market Poised for Robust Growth, Fuelled by Lead-Free Technologies, IoT Advancements, and the Shift to Miniaturized Electronic Devices, with an Estimated Va...

Amkor Technology, Inc. (AMKR) 
Last amkor technology, inc. earnings: 4/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: amkortech.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
Electronic devices such as smartwatches, smartphones, and TVs are the most significant factor that augments the ball grid array packaging market growth. NEWARK, DE / ACCESSWIRE / November 27, 2024 / The global Ball Grid Array (BGA) packaging market is projected to grow significantly in the coming decade, with a forecasted market size of USD 1.29 billion in 2024. The market is expected to expand at a compound annual growth rate (CAGR) of 3.2%, reaching an estimated USD 1.76 billion by 2034. This growth is driven by increasing demand for high-performance electronic devices, advancements in semiconductor technology, and the shift towards miniaturization in various industries. As per the analysis, increasing inclusion of IoT in packaged electronic equipment like MEMS sensors , gyroscopes, and pressure sensors to meet the demand for smart automotive solutions is likely to benefit the market and augment the market size in the forecast period. Ongoing development in R&D activities rela Show less Read more
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