Revenue Achievement
Amkor delivered revenue of $1.32 billion in the first quarter, at the upper end of guidance.
Strong Computing Segment Performance
Revenue in the computing end market increased 21% year-on-year, driven by engagements across data center, networking, and PC customers.
Consumer Market Growth
Revenue in the consumer end market increased 23% year-on-year, driven by the continuation of the hearable program utilizing advanced SiP technology.
Strategic Expansion Plans
Plans for a turnkey test solutions expansion on the K5 campus in Incheon, Korea, with the first phase operational by the end of 2025 and the next phase by the first half of 2027.
Strong Balance Sheet
Ended the quarter with $1.56 billion in cash and short-term investments, with total liquidity of $2.2 billion and a debt-to-EBITDA ratio of 1.1 times.