Amkor Technology

Amkor’s Newest Factory Set to Open in Vietnam on October 11, 2023

Retrieved on: 
Tuesday, October 10, 2023

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, has scheduled the grand opening of its newest factory in Bac Ninh, Vietnam on October 11, 2023.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, has scheduled the grand opening of its newest factory in Bac Ninh, Vietnam on October 11, 2023.
  • The Vietnam campus is poised to become Amkor’s most extensive facility, occupying a substantial 57-acre expanse within the Yen Phong 2C Industrial Park.
  • “This state-of-the-art factory in Vietnam will help Amkor provide an unrivaled geographic footprint to our customers, supporting global but also enabling regional supply chains.
  • We are proud of what we’ve accomplished together with Vietnam and look forward to a long and mutually beneficial relationship.”
    To learn more about Amkor’s new Vietnam factory, please visit amkor.com/vietnam .

Amkor Technology to Announce Third Quarter 2023 Financial Results on October 30, 2023

Retrieved on: 
Monday, October 9, 2023

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, will issue its financial results for the third quarter of 2023 after the close of trading on the Nasdaq Global Select Market on Monday, October 30, 2023.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, will issue its financial results for the third quarter of 2023 after the close of trading on the Nasdaq Global Select Market on Monday, October 30, 2023.
  • Amkor management will host a conference call and webcast to review the results on Monday, October 30, 2023, at 5:00 p.m. Eastern Time (ET).
  • To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Amkor’s website, located at ir.amkor.com .
  • An archived replay of the webcast will be available after completion of the call.

Global 3D TSV Devices Strategic Market Report 2023-2030: Ongoing Proliferation of Cloud-Based Applications to Encourage Adoption of 3D TSV Devices

Retrieved on: 
Monday, October 9, 2023

DUBLIN, Oct. 9, 2023 /PRNewswire/ -- The "3D TSV Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 9, 2023 /PRNewswire/ -- The "3D TSV Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for 3D TSV Devices estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$27.7 Billion by 2030, growing at a CAGR of 21.3% over the analysis period 2022-2030.
  • Memory, one of the segments analyzed in the report, is projected to record 20.7% CAGR and reach US$8 Billion by the end of the analysis period.
  • The 3D TSV Devices market in the U.S. is estimated at US$954.3 Million in the year 2022.

Azzur Group Appoints James Kalinovich as Chief Financial Officer

Retrieved on: 
Thursday, October 5, 2023

HATBORO, Pa., Oct. 5, 2023 /PRNewswire/ -- Azzur Group today announces the appointment of financial executive James Kalinovich as Chief Financial Officer to support the continued growth of the organization's expanding professional services business units: Azzur Cleanrooms on Demand™, Azzur Labs, Azzur Consulting, and Azzur Training Center.

Key Points: 
  • HATBORO, Pa., Oct. 5, 2023 /PRNewswire/ -- Azzur Group today announces the appointment of financial executive James Kalinovich as Chief Financial Officer to support the continued growth of the organization's expanding professional services business units: Azzur Cleanrooms on Demand™, Azzur Labs, Azzur Consulting, and Azzur Training Center.
  • As Chief Financial Officer, James brings to Azzur Group more than 20 years of experience in leading finance roles at large multinationals raising more than $10B in funding, as well as experience managing more than 75 acquisitions and divestitures.
  • James succeeds Matt Weiss, who served as Chief Financial Officer of Azzur Group from March 2022 until September 2023.
  • "We are pleased to welcome James to Azzur Group and look forward to his contributions as Chief Financial Officer," said Michael Khavinson , Chief Executive Officer, Azzur Group.

Amkor Technology Joins the PHLX Semiconductor Sector Index (SOX)

Retrieved on: 
Monday, September 18, 2023

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that the company has been added to the PHLX Semiconductor Sector Index (SOX) effective Monday, September 18, 2023.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that the company has been added to the PHLX Semiconductor Sector Index (SOX) effective Monday, September 18, 2023.
  • “Our inclusion into the SOX is a reflection of the success of our strategic focus and financial transformation, driving substantial growth in market capitalization unlocking significant shareholder value,” said Giel Rutten, Amkor’s president and chief executive officer.
  • The PHLX Semiconductor Sector Index (SOX) is a modified market capitalization-weighted index designed to measure the performance of the 30 largest US-listed semiconductor companies.
  • Amkor Technology was added to the S&P MidCap 400 index, another premier benchmark of the US equities market, in February of 2021.

Amkor Technology Announces Pricing of Secondary Offering of 10 million Shares of Common Stock by the Kim Family

Retrieved on: 
Thursday, September 7, 2023

The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock.

Key Points: 
  • The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock.
  • All of the shares in the offering will be sold by the selling stockholder.
  • The Company will not receive any proceeds from the sale of the shares by the selling stockholder.
  • Members of the Kim family and their affiliates will continue to own a majority of Amkor’s shares following the sale.

Amkor Technology Announces Secondary Offering of 10 million Shares of Common Stock by the Kim Family

Retrieved on: 
Wednesday, September 6, 2023

Amkor Technology, Inc. (Nasdaq: AMKR) (“Amkor” or the “Company”), a leading provider of semiconductor packaging and test services, today announced that 915 Investments, LP (the “selling stockholder”) intends to offer 10,000,000 shares of the Company’s common stock (“Common Stock”) in a secondary underwritten public offering.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR) (“Amkor” or the “Company”), a leading provider of semiconductor packaging and test services, today announced that 915 Investments, LP (the “selling stockholder”) intends to offer 10,000,000 shares of the Company’s common stock (“Common Stock”) in a secondary underwritten public offering.
  • The selling stockholder also intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock.
  • All of the shares in the offering will be sold by the selling stockholder.
  • Members of the Kim family and their affiliates will continue to own a majority of Amkor’s shares following the sale.

Amkor Technology to Ring the Nasdaq Stock Market Closing Bell in Celebration of Its 55th Anniversary and 25th Anniversary as a Public Company

Retrieved on: 
Friday, August 25, 2023

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that members of its management team will ring the Nasdaq Stock Market Closing Bell on August 28, 2023.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that members of its management team will ring the Nasdaq Stock Market Closing Bell on August 28, 2023.
  • Amkor will be celebrating two milestones, the Company’s 55th anniversary and 25th anniversary as a publicly traded company.
  • “It is a pleasure and an honor to ring the Nasdaq Closing Bell in celebration of Amkor’s legacy and success,” said Giel Rutten, Amkor’s president and chief executive officer.
  • Videos and photos from the ceremony will be shared on both Amkor’s and Nasdaq's social media channels: Facebook, Instagram, and Twitter.

Amkor Technology Declares Quarterly Dividend

Retrieved on: 
Tuesday, August 15, 2023

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that its Board of Directors has approved a quarterly cash dividend of $0.075 per share on the company’s common stock.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that its Board of Directors has approved a quarterly cash dividend of $0.075 per share on the company’s common stock.
  • The dividend will be payable on September 25, 2023 to stockholders of record as of the close of business on September 5, 2023.

Amkor Technology Reports Financial Results for the Second Quarter 2023

Retrieved on: 
Monday, July 31, 2023

The reconciliation to the comparable GAAP measure is included below under “Selected Operating Data.”

Key Points: 
  • The reconciliation to the comparable GAAP measure is included below under “Selected Operating Data.”
    At June 30, 2023, total cash and short-term investments was $1.2 billion, and total debt was $1.1 billion.
  • The company paid a quarterly dividend of $0.075 per share on June 26, 2023.
  • The declaration and payment of future dividends, as well as any record and payment dates, are subject to the approval of the Board of Directors.
  • To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Amkor’s website, located at ir.amkor.com .