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Amkor Tech - AMKR STOCK NEWS

Welcome to our dedicated page for Amkor Tech news (Ticker: AMKR), a resource for investors and traders seeking the latest updates and insights on Amkor Tech stock.

Overview of Amkor Technology, Inc. (AMKR)

Amkor Technology, Inc. is a globally recognized provider of outsourced semiconductor assembly and test (OSAT) services, playing a pivotal role in the semiconductor supply chain. Since its founding in 1968, Amkor has pioneered the outsourcing of integrated circuit (IC) packaging and testing, enabling its customers—semiconductor companies, foundries, and electronics original equipment manufacturers (OEMs)—to focus on core activities like semiconductor design and wafer fabrication. By offering a comprehensive suite of advanced packaging and testing solutions, Amkor serves as a strategic partner to over 250 leading global technology firms.

Business Model and Revenue Streams

Amkor's business model revolves around providing high-quality semiconductor packaging and testing services. Its revenue is primarily derived from two product categories:

  • Advanced Products: This category includes cutting-edge solutions such as flip chip, fine-pitch bumping, wafer-level processing, advanced system-in-packages (SiPs), and power modules. These products cater to the growing demand for miniaturized, high-performance, and energy-efficient semiconductor devices, and they account for a significant portion of the company's revenue.
  • Mainstream Products: This category comprises traditional wirebond packaging and testing solutions, which remain essential for a wide range of applications in the semiconductor industry.

Amkor's ability to innovate and deliver advanced packaging solutions positions it as a key player in high-growth markets such as mobile devices, automotive electronics, data centers, and consumer electronics.

Global Operational Footprint

Amkor operates a robust global infrastructure, with over 10 million square feet of floor space dedicated to production facilities, product development centers, and sales and support offices. Its facilities are strategically located in major electronics manufacturing hubs across Asia, Europe, and the United States, enabling it to efficiently serve a diverse and geographically dispersed customer base. This extensive operational footprint not only enhances its manufacturing capabilities but also strengthens its ability to respond to regional market demands.

Role in the Semiconductor Ecosystem

As a leading OSAT provider, Amkor plays a critical role in the semiconductor value chain by bridging the gap between wafer fabrication and end-product assembly. Its services include package design and development, wafer probe and package testing, wafer bumping, redistribution services, assembly, and final testing. By outsourcing these complex and capital-intensive processes to Amkor, its customers can focus on innovation while benefiting from cost efficiencies and access to advanced technologies.

Market Position and Competitive Landscape

Amkor operates in a highly competitive OSAT market, with key competitors including ASE Technology, JCET Group, and other regional providers. The company differentiates itself through its extensive experience, technological expertise, and commitment to innovation. Its advanced product offerings and strategic partnerships with leading semiconductor firms position it as a trusted partner in the industry.

Challenges and Opportunities

Amkor faces challenges such as market cyclicality, technological advancements, and competition. However, its focus on high-growth markets like automotive electronics, 5G, and artificial intelligence presents significant opportunities for long-term growth. By investing in research and development and expanding its advanced product portfolio, Amkor continues to strengthen its competitive edge and adapt to evolving industry demands.

Conclusion

Amkor Technology, Inc. stands as a cornerstone of the semiconductor industry, offering essential OSAT services that enable innovation and efficiency across the global technology landscape. With its advanced product offerings, extensive global footprint, and strategic industry partnerships, Amkor is well-positioned to meet the demands of an increasingly interconnected and technology-driven world.

Rhea-AI Summary

Amkor Technology, Inc. (Nasdaq: AMKR) reported financial results for Q1 2024, with net sales of $1.37 billion, gross profit of $202 million, operating income of $73 million, net income of $59 million, and earnings per diluted share of $0.24. The company highlighted efforts to expand capacity for AI devices, strengthen partnerships, progress plans for an Advanced packaging and test facility, and focus on production ramp in Vietnam. Quarterly results showed a decrease in net sales compared to Q4 2023, but an increase in gross margin. The company provided guidance for Q2 2024, expecting net sales of $1.40-$1.50 billion, gross margin of 13.0%-15.0%, and net income of $35-$75 million.

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Amkor Technology, Inc. (AMKR) will release its first-quarter 2024 financial results on April 29, 2024. The management will conduct a conference call and webcast to discuss the results at 5:00 p.m. ET. Investors can access the webcast and presentation on Amkor's Investor Relations website.
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Infineon Technologies AG partners with Amkor Technology, Inc. to strengthen its outsourced backend manufacturing footprint in Europe, establishing a packaging and test center in Porto. Operations set to begin in the first half of 2025, enhancing the semiconductor supply chain and resilience for automotive customers.
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Amkor Technology, Inc. (AMKR) will be participating in investor conferences hosted by Morgan Stanley and KeyBanc Capital Markets in March 2024. The presentations will take place in San Francisco, CA, with live webcasts and replays accessible on the company's Investor Relations website.
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Amkor Technology, Inc. (AMKR) declares a quarterly cash dividend of $0.07875 per share, payable on April 1, 2024, to stockholders of record as of March 12, 2024.
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Amkor Technology, Inc. (AMKR) reported fourth-quarter 2023 net sales of $1.75 billion and full-year 2023 net sales of $6.50 billion, down 8% year-on-year. Despite a cyclical downturn, the company's net income was $360 million, with earnings per diluted share of $1.46. Amkor's president and CEO, Giel Rutten, highlighted the company's strategic focus on Advanced packaging, record revenue in Communications, support for AI deployment, and growth in ADAS and Electrification solutions in the Automotive market. However, the company's first-quarter 2024 guidance indicates a more than seasonal decline in Communications and weakness in the Automotive & Industrial end market.
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Amkor Technology, Inc. (AMKR) will release its Q4 and full year 2023 financial results on February 5, 2024. The management will host a conference call and webcast to review the results. Investors can access the live webcast and slide presentation on Amkor’s Investor Relations website. An archived replay will be available after the call.
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Amkor Technology, Inc. (AMKR) and GlobalFoundries (GF) have announced a strategic partnership to strengthen the European automotive supply chain and expand services for global customers. The partnership involves the transfer of 50 tools from GF's Dresden site to Amkor's Porto, Portugal facility, with the goal of establishing the first at-scale back-end facility in Europe. The collaboration aims to aid the European Union in its drive toward automotive semiconductor manufacturing regionalization and ensure supply chain stability. Amkor's global footprint and strong European presence combined with GF's tools, processes, and know-how will enable the Porto site to deliver the next-generation automotive and other critical chip solutions. This partnership represents a significant stride in the expansion of offerings and overall footprint in Portugal.
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Amkor Technology, Inc. (Nasdaq: AMKR) commits to achieving net zero greenhouse gas emissions by 2050, aligning with the Science Based Targets initiative (SBTi) to limit global temperature rise to 1.5°C. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 55% by 2033 and setting science-based targets for 67% of Scope 3 emissions by 2028. Amkor's president and CEO, Giel Rutten, emphasizes the commitment to decarbonization and collaboration with suppliers to achieve the net zero goal.
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Amkor Technology, Inc. (Nasdaq: AMKR) is constructing a new advanced packaging and test facility in Peoria, Arizona, with a projected investment of $2 billion and 2,000 new jobs. The facility will be the largest outsourced advanced packaging facility in the US, supporting high-performance computing, automotive, and communications. Amkor has secured 55 acres of land for the state-of-the-art manufacturing campus. The first phase is targeted to be ready for production within the next two to three years. The project has garnered strong support from the City of Peoria, the Arizona Commerce Authority, and government authorities, and Amkor has applied for CHIPS funding. Apple will be the first and largest customer of the new facility, and Amkor has worked closely with Apple on the strategic vision and initial manufacturing capability of the Peoria facility.
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FAQ

What is the current stock price of Amkor Tech (AMKR)?

The current stock price of Amkor Tech (AMKR) is $20.27 as of March 3, 2025.

What is the market cap of Amkor Tech (AMKR)?

The market cap of Amkor Tech (AMKR) is approximately 5.1B.

What does Amkor Technology do?

Amkor Technology provides outsourced semiconductor assembly and test (OSAT) services, including packaging, testing, and wafer-level processing.

What are Amkor's main product categories?

Amkor's products are categorized into Advanced Products (e.g., flip chip, wafer-level processing) and Mainstream Products (e.g., wirebond packaging and testing).

Who are Amkor Technology's customers?

Amkor serves semiconductor companies, foundries, and electronics OEMs, acting as a strategic partner for over 250 global technology firms.

What differentiates Amkor from its competitors?

Amkor stands out through its advanced product offerings, global operational footprint, and decades of expertise in semiconductor packaging and testing.

What industries does Amkor Technology serve?

Amkor serves industries like mobile devices, automotive electronics, data centers, and consumer electronics, focusing on high-growth markets.

Where are Amkor's facilities located?

Amkor operates production facilities and support offices in key electronics manufacturing regions across Asia, Europe, and the United States.

What is Amkor's role in the semiconductor ecosystem?

Amkor bridges the gap between wafer fabrication and end-product assembly by providing essential IC packaging and testing services.

What challenges does Amkor face in its market?

Amkor faces challenges like market cyclicality, technological advancements, and competition from other OSAT providers.

What opportunities exist for Amkor Technology?

Amkor has growth opportunities in markets such as automotive electronics, 5G, and artificial intelligence, driven by demand for advanced semiconductor solutions.

How does Amkor generate revenue?

Amkor generates revenue by providing semiconductor packaging and testing services, with a significant portion coming from its advanced product category.
Amkor Tech

Nasdaq:AMKR

AMKR Rankings

AMKR Stock Data

5.13B
112.14M
55.68%
44.99%
1.89%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
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United States
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