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Good morning, everyone. Thanks for joining. We have our next presenter for the day, Amkor. One of the leading subcons based out of the U.S. With us today is Greg Johnson, who is going to make a quick presentation and then we'll open up for Q&A. Greg, go ahead.
Thank you, Vishal. I would like to thank Deutsche Bank for inviting us to the conference. I'd like to talk to you today about Amkor Technology, and our position in what's called the outsourced semiconductor packaging and testing space. First, before I do that, I'd just point you to the disclaimer on forward-looking statements and our guidance policies. This is also in our SEC filings.
From Amkor, so the packaging and test base is estimated to be about a $50 billion market. About half of that is internal with the IDMs, and about half of that is outsourced in the OSAT space and we have about a 12% market share of that $25 billion today.
We are the number two player in this space. We are one of the largest players. There is a Tier-1 of the top-four, which have about 45%, and then there is the host of smaller companies that compete in more niche markets.