Welcome to our dedicated page for Amkor Technology news (Ticker: AMKR), a resource for investors and traders seeking the latest updates and insights on Amkor Technology stock.
Amkor Technology, Inc. (NASDAQ: AMKR) is a global leader in providing outsourced semiconductor packaging and test services. Founded in 1968, Amkor has been at the forefront of the semiconductor industry, pioneering the outsourcing of integrated circuit (IC) packaging and test services. The company serves as a strategic manufacturing partner for over 250 leading semiconductor companies, foundries, and electronics OEMs worldwide.
Amkor's extensive operational base includes 10 million square feet of floor space spread across key electronics manufacturing regions in Asia, Europe, and the United States. This global footprint comprises production facilities, research and development centers, and sales and support offices, enabling the company to deliver high-quality services to its customers.
The company's product offerings are categorized into two main segments:
- Advanced Products: This category includes flip chip, fine pitch bumping, wafer-level processing, advanced system-in-package (SiP) solutions, power modules, and more. This segment is the primary revenue driver for the company.
- Mainstream Products: This includes wirebond packaging and testing services, which are essential for a wide range of applications.
Recently, Amkor has embarked on several significant projects. Notably, the company announced the construction of an advanced packaging and test facility in Peoria, Arizona. With an estimated investment of $2 billion, this facility will bolster the domestic semiconductor supply chain and create approximately 2,000 jobs. The first phase of the facility is expected to be completed within the next two to three years, with Apple as its initial and largest customer.
Amkor is also committed to sustainability, having set a goal to achieve net-zero greenhouse gas emissions by 2050. The company has established interim targets to reduce Scope 1 and 2 emissions by 55% by 2033 and to ensure that suppliers covering 67% of Scope 3 emissions have science-based targets by 2028.
In the financial arena, Amkor reported fourth-quarter 2023 net sales of $1.75 billion and a net income of $118 million. For the full year 2023, the company achieved net sales of $6.50 billion, with a gross profit of $943 million. Despite a cyclical downturn in the semiconductor industry, Amkor maintained its strategic focus on advanced packaging, gaining market share and supporting key markets such as high-performance computing, automotive, and communications.
Looking ahead, Amkor plans to invest approximately $750 million in capital expenditures for 2024 to support its growth initiatives. The company is well-positioned to leverage its technological capabilities, global footprint, and strategic partnerships to drive future growth and support the evolving needs of its customers.
For more information, visit amkor.com.
Amkor Technology (AMKR) has affirmed its dedication to supporting European initiatives for automotive semiconductor regionalization. With a manufacturing facility in Porto, Portugal, Amkor is positioned to assist the European Union's efforts in this area, capitalizing on the growing demand for automotive semiconductors across various applications. The company aims to enhance supply chain agility and provide advanced packaging solutions to meet the evolving needs of the automotive industry, significantly contributing to the EU's strategic goals in semiconductor independence.
Amkor Technology, Inc. (NASDAQ: AMKR) will announce its financial results for Q3 2022 on October 31, 2022, after market close. A conference call to discuss these results will be held the same day at 5:00 p.m. ET. Interested parties can access the live audio webcast and presentation through the Investor Relations section of Amkor's website. The company, founded in 1968, is a major player in outsourced semiconductor packaging and test services, serving leading semiconductor firms globally.
Amkor Technology, Inc. (NASDAQ: AMKR) has announced a quarterly cash dividend of $0.05 per share, payable on September 26, 2022, to stockholders of record as of September 6, 2022. This decision reflects the company's commitment to returning value to its shareholders while continuing to support its strategic operations in the semiconductor packaging and testing industry. Established in 1968, Amkor is a key player in the semiconductor sector, with production facilities and support offices across Asia, Europe, and the USA.
Amkor Technology, Inc. (NASDAQ: AMKR) will participate in the D.A. Davidson Big Sky Summit on August 22, 2022, presenting at 10:00 AM Mountain Time (9:00 AM Pacific Time). The presentation will be accessible via a live webcast and replay on Amkor's Investor Relations website at ir.amkor.com. Founded in 1968, Amkor is a global leader in outsourced semiconductor packaging and test services, serving top semiconductor companies, foundries, and electronics OEMs worldwide.
Amkor Technology, Inc. (Nasdaq: AMKR) reported strong financial results for Q2 2022, with net sales reaching $1.5 billion, up from $1.4 billion in Q2 2021. The company achieved a net income of $125 million and earnings per diluted share of $0.51. Despite a slight decrease in gross margin to 16.6% from 20.4% in Q1 2022, demand for advanced packaging solutions boosted the Automotive & Industrial sector by 16% year-on-year. Looking ahead, Amkor forecasts Q3 2022 net sales between $1.88 billion to $1.98 billion, with a gross margin of 19% to 21%.
Amkor Technology, Inc. (NASDAQ: AMKR) will announce its second-quarter 2022 financial results after trading on August 1, 2022. Following this, a conference call and webcast will be held the same day at 5:00 p.m. ET to discuss the results. Investors can access the live audio webcast on Amkor’s Investor Relations website, with an archived replay available later. Founded in 1968, Amkor is a leading provider of semiconductor packaging and test services globally, partnering with major semiconductor companies and OEMs.
Amkor Technology, Inc. (NASDAQ: AMKR) has announced a quarterly cash dividend of $0.05 per share on its common stock. This dividend will be paid on June 27, 2022, to shareholders of record as of June 7, 2022. Amkor, a leading provider of semiconductor packaging and test services, has a strong operational presence across Asia, Europe, and the USA, serving the world’s top semiconductor companies and OEMs.
Amkor Technology, Inc. (Nasdaq: AMKR) reported strong Q1 2022 results with net sales of $1.6 billion, a 20% year-on-year increase. Gross margin stood at 20.4% and operating income margin at 13.2%. Net income reached $171 million, with earnings per diluted share at $0.69. Notably, advanced packaging solutions grew 26% year-on-year. However, the company anticipates a decline in Q2 2022 due to a COVID-19 lockdown affecting its Shanghai operations, guiding net sales between $1.47 billion and $1.57 billion.
Amkor Technology, Inc. (NASDAQ: AMKR) will release its financial results for Q1 2022 on May 2, 2022, post-market close. Management will discuss the results during a conference call at 5:00 p.m. ET on the same day. Interested parties can access the live audio webcast on Amkor's Investor Relations website or join the call by phone at 1-877-407-4019 or 1-201-689-8337. Amkor is a leading provider of semiconductor packaging and testing services, serving major semiconductor firms and electronics manufacturers worldwide.
Amkor Technology, Inc. (AMKR) announced its financial results for Q4 and full year 2021, achieving record net sales of $1.72 billion, a 3% sequential increase and 26% year-on-year growth. The company recorded a gross profit of $362 million and a net income of $217 million, resulting in earnings per diluted share of $0.88. For the full year, net sales reached $6.14 billion, up 22% from 2020. The company expects 2022 to continue its growth trajectory with Q1 sales guidance of $1.50 to $1.60 billion.
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