Amkor Technology ( (AMKR) ) has released its Q4 earnings. Here is a breakdown of the information Amkor Technology presented to its investors.
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Amkor Technology, Inc. is a leading provider of outsourced semiconductor assembly and test services, catering to industries such as communication, automotive, computing, and consumer electronics, with a significant presence in key manufacturing regions globally. The company’s latest financial results for the fourth quarter and full year of 2024 reveal challenges in certain markets but also highlight record achievements in computing and Advanced SiP revenue. Amkor reported fourth quarter net sales of $1.63 billion and a full-year net income of $354 million, despite a decline in overall sales compared to the previous year. Strategic developments include the ramp-up of a new facility in Vietnam and securing CHIPS funding to enhance U.S. manufacturing capabilities. Looking ahead, Amkor remains optimistic about its long-term strategy, focusing on advanced packaging technology and expanding its geographic footprint to align with industry trends.
