Semiconductor packaging refers to the series of processing steps applied to tested wafers, such as dicing, die bonding, wire bonding, molding, plating, and lead cutting/forming, to produce functional semiconductor products. The packaging and testing (OSAT) process ensures that chips can operate reliably and stably. The quality of packaging technology directly affects whether a chip can function properly. A key indicator of advanced packaging is the ratio of chip area to package area—the closer this ratio is to 1, the better. The global Semiconductor Advanced Packaging market is projected to reach USD 41.14 Billion in 2024. It is expected to grow to USD 112.53 Billion by 2033, registering a compound annual growth rate (CAGR) of 11.83% during the forecast period