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.
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, 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.
Amkor Technology, Inc. (Nasdaq: AMKR) announced a quarterly cash dividend of
Amkor Technology (NASDAQ: AMKR) will release its financial results for Q4 and the full year 2021 on February 14, 2022, post-market close. A conference call will follow at 5:00 p.m. ET to discuss the results, accessible via Amkor's Investor Relations website or by dialing in. Amkor is a leader in outsourced semiconductor packaging and testing, serving major semiconductor companies across Asia, Europe, and the USA.
Amkor Technology (NASDAQ: AMKR), a leading semiconductor packaging and test services provider, will present at the 24th Annual Needham Virtual Growth Conference on January 11, 2022, at 3:30 PM ET. A live webcast of the presentation will be available for replay on Amkor's Investor Relations website.
Founded in 1968, Amkor is a major player in outsourced semiconductor services, with operations in Asia, Europe, and the USA, supporting top semiconductor firms and OEMs.
Amkor Technology, Inc. (NASDAQ: AMKR) has announced a 25% increase in its quarterly cash dividend, raising it from
Amkor Technology, Inc. (NASDAQ: AMKR) will participate in the Bank of America Securities 2021 Virtual Leveraged Finance Conference on November 30, 2021. The company's presentation is scheduled for 12:45 PM Eastern Time. Investors can access the live and recorded webcast on Amkor's Investor Relations website.
Amkor, established in 1968, is a leading provider of semiconductor packaging and test services, supporting major semiconductor companies worldwide.
FAQ
What is the current stock price of Amkor Tech (AMKR)?
What is the market cap of Amkor Tech (AMKR)?
What does Amkor Technology, Inc. specialize in?
When was Amkor Technology, Inc. founded?
Where are Amkor's operational facilities located?
What are the recent projects undertaken by Amkor?
What are Amkor's sustainability goals?
What were Amkor's financial results for the fourth quarter of 2023?
Who are Amkor's primary customers?
What is the significance of Amkor's new facility in Arizona?
What is the breakdown of Amkor's product categories?
How much does Amkor plan to invest in capital expenditures for 2024?
