Amkor Technology, Inc.
Company typePublic
ISINUS0316521006
IndustrySemiconductors & Related Devices
Founded1968; 56 years ago (1968)
FounderHyang-Soo Kim
HeadquartersTempe, Arizona, U.S.
Number of locations
12
Key people
(corporate VP & CFO)
RevenueDecrease US$6.50 billion (2023)
Decrease US$470 million (2023)
Decrease US$362 million (2023)
Total assetsDecrease US$6.77 billion (2023)
Total equityIncrease US$3.96 billion (2023)
Number of employees
28,700 (2023)
Websiteamkor.com
Footnotes / references
[3][4]

Amkor Technology, Inc. is a semiconductor product packaging and test services provider. The company has been headquartered in Arizona, since 2005, when it was moved from West Chester, Pennsylvania, also in the United States.[5] The company's Arizona headquarters was originally in Chandler,[6] then later moved to Tempe. The company was founded in 1968 and, as of 2022, has approximately 31,000 employees worldwide and a reported $7.1 billion in sales.

With factories in China, Japan, Korea, Malaysia, Philippines, Portugal, Taiwan and Vietnam, Amkor is a major player in the semiconductor industry. It designs, packages and tests integrated circuits (ICs) for chip manufacturers.

Etymology

Amkor self-publishes that the name "Amkor" is a portmanteau of the words "America" and "Korea".[7]

History

Amkor's origins can be traced back to ANAM Industries, a business in Seoul dealing with imported Japanese goods, including bicycles, and founded by Hyang-Soo Kim in 1935. In March 1968, ANAM Industries underwent a transformation into ANAM Industrial Co. Ltd., becoming South Korea's first semiconductor business. One month later, his son Joo-Jin (James) Kim founded Amkor Electronics, Inc. and inaugurated its sales office in Philadelphia. Its semiconductor production and export began in 1970. In 1998, Amkor began publicly trading on Nasdaq.[7]

In 2000, Amkor acquired Integra Technologies, an Outsourced Semiconductor Assembly And Test (OSAT) provider in United States.[8] In 2005, Amkor spun off Integra Technologies.[9]

In February 2016, Amkor fully acquired J-Devices Corp, the largest Outsourced Semiconductor Assembly And Test (OSAT) provider in Japan.[10]

In June 2017, Amkor Technology was recognized as Supplier of the Year for 2016 by Qualcomm Technologies for a second consecutive year.[11]

Amkor Technology has competitiveness for chip assembly by thermal compression as well as wafer level packaging. In September 2018, Amkor Technology opened a manufacturing and test plant at Longtan Science Park in Taiwan.[12]

In 2019, Amkor Technology was ranked 2nd in overall revenue in the OSAT (Outsourced Semiconductor Assembly and Test) market.

A $2 billion factory for advanced packaging of chips from TSMC in Arizona was announced in November 2023.[13]

See also

References

  1. ^ "Giel Rutten".
  2. ^ Jeff Gifford (June 18, 2020). "Valley semiconductor company names new CEO". Phoenix Business Journal.
  3. ^ "Amkor Technology – Company History". Retrieved 2018-01-08.
  4. ^ "US SEC: Form 10-K 2013". U.S. Securities and Exchange Commission. February 16, 2024. Retrieved February 17, 2024.
  5. ^ EE Times. “Amkor's outlook improved as it moves headquarters.” June 3, 2005. Retrieved April 19, 2016.
  6. ^ "Amkor relocates to Arizona - Philadelphia Business Journal". 2023-12-05. Archived from the original on 2023-12-05. Retrieved 2023-12-05.
  7. ^ a b "Company History". Amkor Technology. Retrieved January 27, 2024.
  8. ^ "2000 Annual Report". Amkor Technology. 2001. Archived from the original on February 9, 2023.
  9. ^ "Amkor spin-off Integra focuses on test". EE Times. October 10, 2005. Archived from the original on February 9, 2023.
  10. ^ By Hayley Ringle, Phoenix Business Journal. “Amkor Tech finishes 100 percent buy of a Japanese semiconductor company.” February 11, 2016. Retrieved December 21, 2016.
  11. ^ "Amkor Technology Recognized as Supplier of the Year for Second Consecutive Year by Qualcomm". Bloomberg.com. 15 June 2017. Archived from the original on 2020-03-17. Retrieved 2020-03-17.
  12. ^ "Amkor opens new semiconductor package manufacturing and test plant in Taiwan | Solid State Technology". electroiq.com. Retrieved 2018-09-25.
  13. ^ "Amkor to build $2 billion Arizona semiconductor packaging plant". reuters.com. 2023-11-30. Retrieved 2023-12-20.

External links

Major semiconductor companies
S&P 400 companies
Authority control databases
Categories