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, Inc. (Nasdaq: AMKR) is advancing 5G RF module design and packaging technology with its innovative double-sided molded ball grid array (DSMBGA). This technology enhances integration levels in compact RF front-end modules, crucial for 5G devices. The advanced packaging market for RF FEM is projected to reach $2.3 billion by 2026, growing at a 30% CAGR. Amkor’s expertise allows for efficient design, testing, and reduced power requirements, positioning the company as a leader in the 5G RF market.
Amkor Technology reported a record revenue of $1.41 billion for Q2 2021, reflecting a 6% sequential increase, driven by strong demand in Advanced SiP for Communications and Consumer sectors. The Automotive and Industrial business surged 33% year-over-year, achieving $300 million in revenue. Gross margin stood at 19.4% with earnings per diluted share of $0.51, more than doubling from last year. For Q3, Amkor anticipates revenue of $1.70 billion, marking a 26% year-on-year growth, despite ongoing supply chain challenges.
Amkor Technology, Inc. (Nasdaq: AMKR) plans to release its financial results for Q2 2021 on July 26, 2021, after market close. A conference call will follow at 5:00 p.m. ET to discuss the results. Interested parties can access the live audio webcast via the Investor Relations section of Amkor's website. Amkor is a leading provider of semiconductor packaging and test services, partnering with major semiconductor companies worldwide.
Amkor Technology, Inc. (Nasdaq: AMKR) has announced a quarterly cash dividend of $0.04 per share on its common stock. This dividend will be payable on June 28, 2021, to stockholders on record as of June 7, 2021. As a major player in outsourced semiconductor packaging and test services, Amkor continues to serve leading semiconductor companies globally, further strengthening its operational base across Asia, Europe, and the USA.
Amkor Technology (AMKR) reported a record first-quarter revenue of $1.33 billion, marking a 15% year-on-year increase. Strong performance in Advanced packaging and a 13% growth in the Mainstream segment contributed to results. Gross margin improved to 20.0%, with operating income of $144 million and an EPS of $0.49. For Q2 2021, Amkor forecasts revenue between $1.29 billion and $1.39 billion, while noting potential capacity constraints in wafers and substrates that may impact supply chains.
Amkor Technology, Inc. (Nasdaq: AMKR) will release its Q1 2021 financial results after market close on April 26, 2021. The management team will host a conference call at 5:00 p.m. ET to discuss these results. Investors can access the live webcast and presentation on the Investor Relations section of Amkor’s website. An archived replay will be available after the call. Amkor is a leader in semiconductor packaging and test services, partnering with major semiconductor companies globally.
Amkor Technology, Inc. (Nasdaq: AMKR) has unveiled initiatives to enhance its Industry 4.0 capabilities, focusing on quality and efficiency improvements in advanced packaging technologies. By integrating artificial intelligence and machine learning, Amkor aims to optimize factory operations and reduce cycle times. The K5 factory in Incheon exemplifies these advancements, achieving a 60% productivity increase in process engineering. Key pillars of this initiative include autonomous systems, IoT integration, and big data analytics, all contributing to zero-defect manufacturing, particularly relevant for the automotive sector.
Amkor Technology (AMKR) reported Q4 2020 revenues of $1.37 billion, a 16% increase year-on-year, contributing to a record annual revenue of $5.05 billion. Gross margin rose to 20.3%, with operating income margin at 11.6%. Full-year earnings per share reached $1.40, and free cash flow doubled to $221 million. Amkor reduced its net debt to a historic low of $322 million. The company anticipates Q1 2021 revenue to be 15% higher than Q1 2020, driven by automotive recovery and robust smartphone demand.
Amkor Technology, Inc. (Nasdaq: AMKR) has announced a quarterly cash dividend of $0.04 per share on its common stock. The dividend is set to be paid on March 15, 2021 to stockholders of record as of February 23, 2021. This decision reflects the company’s commitment to return value to shareholders, showcasing its ongoing financial health and operational stability.
Amkor Technology, Inc. (Nasdaq: AMKR) will release its financial results for Q4 and full year 2020 on February 8, 2021, after market close. Management will host a conference call at 5:00 p.m. ET on the same day to discuss the results. Investors can access the call through Amkor's website or by phone. Amkor is recognized as one of the world's largest providers of outsourced semiconductor packaging and test services, with extensive operational facilities across Asia, Europe, and the USA.
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