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SAN JOSE – With 155 billion ICs produced, the value of the worldwide IC packaging market was $32.7 billion in 2008, reports Electronic Trend Publications.

The market will drop to $28.6 billion in 2009, before an upswing in 2010.
 
Contract packaging companies assembled about 47 billion ICs last year, for a value of $11.8 billion, says the firm.

The worldwide semiconductor industry will grow to 220 billion ICs in 2013, while the value of the IC packaging market will grow to $46 billion then, according to ETP. 
 

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