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Surface Mount Technology (SMT) is a method of electronic circuit assembly used in the semiconductor industry. It is a process in which components are mounted directly onto the surface of a printed circuit board (PCB) without the use of through-hole technology. SMT components are typically smaller than their through-hole counterparts, allowing for higher component density and increased circuit board performance. SMT also offers improved electrical performance, as the components are soldered directly to the board, eliminating the need for wires and connectors. SMT is used in a wide range of applications, from consumer electronics to industrial automation. It is also used in the automotive industry, where it is used to reduce the size and weight of components, as well as to improve the reliability of the circuit. The SMT market is highly competitive, with a number of companies offering a variety of products and services. Some of the major players in the market include Kulicke & Soffa, ASM Pacific Technology, Mycronic, and Fuji Machine Manufacturing. Show Less Read more