旭化成限供PSPI，本土企业会迎来应用机会吗？

Core Viewpoint - Asahi Kasei's supply adjustments of PSPI materials have significant implications for the global semiconductor industry, highlighting the tension between surging AI computing demands and limited production capacity [1][2]. Group 1: PSPI Material Overview - PSPI (Photosensitive Polyimide) is a high-performance polymer material that combines excellent dielectric properties, mechanical strength, and heat resistance with photosensitivity, playing a crucial role in semiconductor packaging and advanced packaging processes [3][5]. - The global market for PSPI materials is projected to reach USD 402 million in 2024 and USD 802 million by 2030, with major suppliers dominating approximately 95% of the market share [5][9]. Group 2: Domestic Market and Companies - The domestic PSPI market in China is expected to reach RMB 820 million in 2024, driven by the increasing demand for AI computing chips and advanced packaging technologies [9]. - Key domestic players in the PSPI market include Bomi Technology, Dinglong Holdings, Aisen Semiconductor, and Shengquan Group, with various companies actively developing and producing PSPI materials [10][11][12][13]. Group 3: Company Highlights - Bomi Technology has achieved mass production of PSPI materials and is involved in a national key research project for 2.5D/3D packaging technology [10]. - Dinglong Holdings has developed multiple semiconductor packaging materials and is set to begin mass production in 2024 [11]. - Aisen Semiconductor is launching its first domestic positive PSPI product in 2024 and is also working on various other PSPI types [12]. - Shengquan Group has established a pilot line for PSPI and plans to expand production significantly by 2025 [12].