Amkor Technology Reports Financial Results for the Second Quarter 2022

About Amkor Technology, Inc.

Amkor Technology, Inc. is one of the world’s largest providers of outsourced semiconductor packaging and test services. Founded in 1968, Amkor pioneered the outsourcing of IC packaging and test and is now a strategic manufacturing partner for the world’s leading semiconductor companies, foundries and electronics OEMs. Amkor’s operational base includes production facilities, product development centers, and sales and support offices located in key electronics manufacturing regions in Asia, Europe and the USA. For more information visit amkor.com.

AMKOR TECHNOLOGY, INC.

Selected Operating Data

 

 

Q2 2022

 

Q1 2022

 

Q2 2021

Net Sales Data:

 

 

 

 

 

Net sales (in millions):

 

 

 

 

 

Advanced products (1)

$

1,084

 

 

$

1,157

 

 

$

980

 

Mainstream products (2)

 

421

 

 

 

440

 

 

 

427

 

Total net sales

$

1,505

 

 

$

1,597

 

 

$

1,407

 

 

 

 

 

 

 

Packaging services

 

87

%

 

 

86

%

 

 

85

%

Test services

 

13

%

 

 

14

%

 

 

15

%

 

 

 

 

 

 

Net sales from top ten customers

 

65

%

 

 

64

%

 

 

61

%

 

 

 

 

 

 

End Market Data:

 

 

 

 

 

Communications (smart phones, tablets)

 

37

%

 

 

41

%

 

 

40

%

Automotive, industrial and other (ADAS, electrification, infotainment, safety)

 

23

%

 

 

21

%

 

 

22

%

Consumer (AR & gaming, connected home, home electronics, wearables)

 

22

%

 

 

19

%

 

 

22

%

Computing (data center, infrastructure, PC/laptop, storage)

 

18

%

 

 

19

%

 

 

16

%

Total

 

100

%

 

 

100

%

 

 

100

%

 

 

 

 

 

 

Gross Margin Data:

 

 

 

 

 

Net sales

 

100.0

%

 

 

100.0

%

 

 

100.0

%

Cost of sales:

 

 

 

 

 

Materials

 

49.2

%

 

 

46.7

%

 

 

44.7

%

Labor

 

11.8

%

 

 

11.5

%

 

 

13.1

%

Other manufacturing

 

22.4

%

 

 

21.4

%

 

 

22.8

%

Gross margin

 

16.6

%

 

 

20.4

%

 

 

19.4

%

(1)

Advanced products include flip chip, memory and wafer-level processing and related test services.

(2)

Mainstream products include all other wirebond packaging and related test services.

AMKOR TECHNOLOGY, INC.

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