Amkor Technology Explained

Amkor Technology, Inc.
Type:Public
Founder:Hyang-Soo Kim
Location:Tempe, Arizona, U.S.
Locations:12
Key People: (corporate VP & CFO)
Industry:Semiconductors & Related Devices
Num Employees:28,700
Num Employees Year:2023
Footnotes:[1] [2]

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.[3] The company's Arizona headquarters was originally in Chandler,[4] then later moved to Tempe. The company was founded in 1968 and,, 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".[5]

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.

In 2000, Amkor acquired Integra Technologies, an Outsourced Semiconductor Assembly And Test (OSAT) provider in United States.[6] In 2005, Amkor spun off Integra Technologies.[7]

In February 2016, Amkor fully acquired J-Devices Corp, the largest Outsourced Semiconductor Assembly And Test (OSAT) provider in Japan.[8]

In June 2017, Amkor Technology was recognized as Supplier of the Year for 2016 by Qualcomm Technologies for a second consecutive year.[9]

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.[10]

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.[11]

See also

Notes and References

  1. Web site: en. Amkor Technology – Company History. 2018-01-08.
  2. Web site: US SEC: Form 10-K 2013. U.S. Securities and Exchange Commission. February 16, 2024. February 17, 2024.
  3. EE Times. “Amkor's outlook improved as it moves headquarters.” June 3, 2005. Retrieved April 19, 2016.
  4. Web site: 2023-12-05 . Amkor relocates to Arizona - Philadelphia Business Journal . 2023-12-05 . https://web.archive.org/web/20231205224134/https://www.bizjournals.com/philadelphia/stories/2005/05/30/daily22.html . 2023-12-05 . live .
  5. Web site: January 27, 2024 . Company History . Amkor Technology .
  6. Web site: 2000 Annual Report . Amkor Technology . https://web.archive.org/web/20230209095222/https://ir.amkor.com/static-files/66342555-f20a-4916-ab48-758ce2bcd241 . February 9, 2023 . 2001 . live.
  7. Web site: Amkor spin-off Integra focuses on test . . https://web.archive.org/web/20230209112659/https://www.eetimes.com/amkor-spin-off-integra-focuses-on-test/ . February 9, 2023 . October 10, 2005 . live.
  8. By Hayley Ringle, Phoenix Business Journal. “Amkor Tech finishes 100 percent buy of a Japanese semiconductor company.” February 11, 2016. Retrieved December 21, 2016.
  9. News: Amkor Technology Recognized as Supplier of the Year for Second Consecutive Year by Qualcomm. 15 June 2017. Bloomberg.com. live. https://web.archive.org/web/20200317191706/https://www.bloomberg.com/press-releases/2017-06-15/amkor-technology-recognized-as-supplier-of-the-year-for-second-consecutive-year-by-qualcomm . 2020-03-17 . 2020-03-17.
  10. Web site: Amkor opens new semiconductor package manufacturing and test plant in Taiwan Solid State Technology. electroiq.com. en-US. 2018-09-25.
  11. Web site: 2023-12-20 . 2023-11-30 . Amkor to build $2 billion Arizona semiconductor packaging plant . reuters.com .