Market Summary
USD22.64+0.45
Delayedas of 27 Sep 2023, 03:44 pm2.03%
AMKR Stock Price
AMKR RSI Chart
AMKR Valuation
AMKR Price/Sales (Trailing)
AMKR Profitability
AMKR Fundamentals
AMKR Revenue
AMKR Earnings
Price Action
52 Week Range
16.1331.38
(Low)(High)
Last 7 days
-2.2%
Last 30 days
-15.9%
Last 90 days
-24.4%
Trailing 12 Months
32.5%
AMKR Financial Health
AMKR Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for AMKR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-15 | Faust Megan | acquired | 25,596 | 9.48 | 2,700 | cfo |
2023-09-15 | Faust Megan | sold | -61,236 | 22.68 | -2,700 | cfo |
2023-09-14 | Qualified Annuity Trust under the Susan Y. Kim 2020-1 Irrevocable Trust Agreement dated 04/01/2020 | gifted | - | - | -1,958,360 | - |
2023-09-14 | KIM JAMES J | gifted | - | - | 1,958,360 | - |
2023-09-14 | KIM JAMES J | gifted | - | - | -1,958,360 | - |
2023-09-06 | 915 Investments, LP | sold | -232,200,000 | 23.22 | -10,000,000 | - |
2023-09-06 | KIM JAMES J | sold | -232,200,000 | 23.22 | -10,000,000 | - |
2023-09-06 | KIM AGNES C | sold | -232,200,000 | 23.22 | -10,000,000 | - |
2023-08-18 | Faust Megan | acquired | 25,596 | 9.48 | 2,700 | cfo |
2023-08-18 | Faust Megan | sold | -66,933 | 24.79 | -2,700 | cfo |
Which funds bought or sold AMKR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 47.38 | 1,498,000 | 3,685,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 1,227 | 9,788 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | reduced | -85.71 | -15,239 | 2,975 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 535,762 | 4,273,170 | 0.04% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -7.69 | 37,480 | 714,000 | 0.01% |
2023-08-22 | COMERICA BANK | new | - | 26,000 | 26,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -30.16 | -131,164 | 519,483 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.41 | 405,635 | 3,908,110 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.33 | 109,000 | 525,000 | -% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 1,484 | 1,484 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Amkor Tech
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Sep 11, 2023 | kim james j | 16.4% | 40,314,232 | SC 13D/A | |
| Feb 10, 2023 | dimensional fund advisors lp | 6.4% | 15,711,184 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 5.36% | 13,127,082 | SC 13G | |
| Feb 03, 2023 | blackrock inc. | 5.4% | 13,223,743 | SC 13G | |
| Feb 08, 2022 | dimensional fund advisors lp | 6.3% | 15,417,333 | SC 13G/A | |
| Jan 04, 2022 | kim james j | 21.2% | 51,833,407 | SC 13D/A | |
| Mar 16, 2021 | kim james j | 21.0% | 51,184,857 | SC 13D/A | |
| Feb 12, 2021 | dimensional fund advisors lp | 6.9% | 16,722,945 | SC 13G/A | |
| Mar 20, 2020 | kim james j | 21.3% | 51,371,803 | SC 13D/A | |
| Feb 12, 2020 | dimensional fund advisors lp | 7.53% | 18,052,461 | SC 13G/A |
Recent SEC filings of Amkor Tech
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 22, 2023 | 3 | Insider Trading | |
| Sep 22, 2023 | 3 | Insider Trading | |
| Sep 19, 2023 | 4 | Insider Trading | |
| Sep 18, 2023 | 4 | Insider Trading | |
| Sep 18, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 11, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Sep 08, 2023 | 4 | Insider Trading | |
| Sep 08, 2023 | 4 | Insider Trading | |
| Sep 08, 2023 | 4 | Insider Trading |
Peers (Alternatives to Amkor Tech)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 1.0T | 32.7B | -8.92% | 242.83% | 100.38 | 31.71 | 9.90% | 33.38% |
AVGO | 337.1B | 35.5B | -4.18% | 79.32% | 24.63 | 9.51 | 11.91% | 53.33% |
AMD | 154.9B | 21.9B | -6.15% | 44.74% | -6.2K | 7.08 | 1.39% | -100.80% |
TXN | 143.4B | 18.8B | -5.87% | -0.77% | 18.66 | 7.62 | -3.94% | -10.38% |
INTC | 141.5B | 54.0B | 1.74% | 28.68% | -153.45 | 2.62 | -26.36% | -104.83% |
FSLR | 17.2B | 3.0B | -9.05% | 25.88% | 110.22 | 5.77 | 20.63% | -17.29% |
LSCC | 11.4B | 722.9M | -6.64% | 72.46% | 55.62 | 15.76 | 23.44% | 50.75% |
| MID-CAP | ||||||||
AMKR | 5.5B | 6.9B | -15.92% | 32.48% | 9.4 | 0.79 | 6.33% | -16.28% |
POWI | 4.3B | 514.5M | -7.12% | 15.94% | 47.7 | 8.38 | -28.10% | -51.06% |
| SMALL-CAP | ||||||||
SGH | 1.2B | 1.7B | -1.00% | 47.82% | -45.44 | 0.69 | -7.23% | -137.93% |
ICHR | 886.6M | 1.1B | -10.16% | 23.00% | 39.29 | 0.83 | -8.91% | -64.16% |
AOSL | 785.7M | 691.3M | -5.74% | -6.36% | 63.54 | 1.14 | -11.09% | -97.27% |
CEVA | 445.6M | 122.0M | -11.25% | -27.91% | -14.35 | 3.65 | -9.27% | -3581.39% |
MX | 309.4M | 250.2M | -3.38% | -25.87% | -7.81 | 1.24 | -43.50% | -156.17% |
Amkor Tech News
Returns for AMKR
Cumulative Returns on AMKR
17.9%
10-Year Cumulative Returns
13.3%
7-Year Cumulative Returns
24.8%
5-Year Cumulative Returns
27.2%
3-Year Cumulative Returns
Risks for AMKR
What is the probability of a big loss on AMKR?
100%
Probability that Amkor Tech stock will be more than 20% underwater in next one year
73.8%
Probability that Amkor Tech stock will be more than 30% underwater in next one year.
33.1%
Probability that Amkor Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AMKR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Amkor Tech was unfortunately bought at previous high price.
Drawdowns
Financials for Amkor Tech
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -0.7% | 6,919 | 6,966 | 7,092 | 6,910 | 6,507 | 6,409 | 6,138 | 5,785 | 5,458 | 5,224 | 5,051 | 4,858 | 4,588 | 4,310 | 4,053 | 3,955 | 4,016 | 4,186 | 4,316 | 4,386 | 4,390 |
| Gross Profit | -5.2% | 1,137 | 1,199 | 1,330 | 1,358 | 1,262 | 1,285 | 1,226 | 1,142 | 1,058 | 977 | 901 | 845 | 786 | 718 | 649 | 609 | 627 | 674 | 711 | 753 | 776 |
| Operating Expenses | 0.9% | 447 | 443 | 433 | 434 | 445 | 456 | 462 | 471 | 472 | 460 | 444 | 429 | 419 | 414 | 416 | 419 | 423 | 438 | 452 | 461 | 471 |
| S&GA Expenses | -1.4% | 281 | 285 | 283 | 286 | 291 | 296 | 296 | 302 | 307 | 307 | 303 | 296 | 289 | 280 | 279 | 276 | 276 | 286 | 295 | 303 | 308 |
| R&D Expenses | 5.2% | 166 | 158 | 149 | 147 | 154 | 160 | 166 | 170 | 165 | 153 | 141 | 132 | 129 | 134 | 138 | 143 | 147 | 152 | 157 | 157 | 163 |
| EBITDA | -100.0% | - | 1,394 | 1,528 | 1,544 | 1,416 | 1,409 | 1,326 | 1,216 | 1,113 | 1,028 | 958 | 912 | 867 | 806 | 750 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.20* | 0.22* | 0.22* | 0.22* | 0.22* | 0.22* | 0.21* | 0.20* | 0.20* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | - | - | - | - | - | - |
| Interest Expenses | -0.4% | 60.00 | 61.00 | 59.00 | 57.00 | 55.00 | 53.00 | 52.00 | 53.00 | 57.00 | 60.00 | 64.00 | 61.00 | 61.00 | 64.00 | 66.00 | 72.00 | 74.00 | 77.00 | 78.00 | 81.00 | 82.00 |
| Earnings Before Taxes | -8.8% | 650 | 712 | 857 | 889 | 778 | 784 | 715 | 613 | 522 | 449 | 387 | 348 | 303 | 230 | 160 | 117 | 125 | 172 | 186 | 216 | 226 |
| EBT Margin | -100.0% | - | 0.10* | 0.12* | 0.13* | 0.12* | 0.12* | 0.12* | 0.11* | 0.10* | 0.09* | 0.08* | 0.07* | 0.07* | 0.05* | 0.04* | - | - | - | - | - | - |
| Net Income | -9.4% | 580 | 641 | 766 | 818 | 693 | 694 | 643 | 553 | 464 | 394 | 338 | 311 | 273 | 208 | 121 | 50.00 | 53.00 | 95.00 | 127 | 199 | 201 |
| Net Income Margin | -100.0% | - | 0.09* | 0.11* | 0.12* | 0.11* | 0.11* | 0.10* | 0.10* | 0.09* | 0.08* | 0.07* | 0.06* | 0.06* | 0.05* | 0.03* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 260 | 190 | 172 | 281 | 283 | 342 | 199 | 292 | 243 | 217 | 295 | 304 | 283 | 91.00 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 0.9% | 6,638 | 6,582 | 6,822 | 6,694 | 6,391 | 6,226 | 6,039 | 5,770 | 5,568 | 5,053 | 5,022 | 5,137 | 5,115 | 4,812 | 4,696 | 4,406 | 4,309 | 4,847 | 4,495 | 4,495 | 4,382 |
| Current Assets | -1.1% | 2,999 | 3,034 | 3,301 | 3,201 | 2,964 | 2,940 | 2,857 | 2,575 | 2,371 | 2,114 | 2,133 | 2,269 | 2,342 | 2,154 | 2,002 | 1,663 | 1,513 | 2,003 | 1,671 | 1,611 | 1,458 |
| Cash Equivalents | -11.5% | 805 | 910 | 959 | 624 | 737 | 859 | 832 | 550 | 729 | 655 | 702 | 571 | 787 | 945 | 899 | 604 | 557 | 1,061 | 688 | 554 | 386 |
| Inventory | -6.0% | 534 | 569 | 630 | 669 | 637 | 516 | 485 | 446 | 374 | 308 | 297 | 300 | 307 | 238 | 221 | 217 | 218 | 228 | 231 | 228 | 243 |
| Net PPE | - | - | - | - | - | - | - | - | 2,902 | 2,874 | 2,623 | 2,566 | 2,560 | 2,472 | 2,368 | 2,405 | 2,466 | 2,516 | 2,564 | 2,650 | 2,714 | 2,755 |
| Goodwill | -7.9% | 20.00 | 21.00 | 22.00 | 19.00 | 21.00 | 23.00 | 25.00 | 25.00 | 25.00 | 25.00 | 27.00 | 27.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 | 25.00 | 25.00 |
| Liabilities | 0.7% | 2,875 | 2,855 | 3,122 | 3,175 | 3,163 | 3,099 | 3,066 | 3,011 | 2,985 | 2,591 | 2,668 | 2,914 | 2,998 | 2,753 | 2,705 | 2,518 | 2,478 | 3,015 | 2,640 | 2,674 | 2,612 |
| Current Liabilities | 8.2% | 1,576 | 1,458 | 1,662 | 1,789 | 1,785 | 1,623 | 1,680 | 1,739 | 1,680 | 1,317 | 1,316 | 1,375 | 1,283 | 1,048 | 1,060 | 992 | 1,039 | 1,468 | 1,158 | 1,171 | 1,162 |
| LT Debt, Non Current | -8.0% | 976 | 1,060 | 1,089 | 1,002 | 981 | 1,087 | 985 | 884 | 916 | 952 | 1,005 | 1,183 | 1,396 | 1,372 | 1,306 | 1,195 | 1,110 | 1,215 | 1,218 | 1,268 | 1,215 |
| Shareholder's Equity | 0.1% | 3,732 | 3,727 | 3,669 | 3,487 | 3,228 | 3,127 | 2,973 | 2,760 | 2,583 | 2,462 | 2,354 | 2,223 | 2,117 | 2,059 | 1,990 | 1,888 | 1,831 | 1,833 | 1,856 | 1,822 | 1,770 |
| Retained Earnings | 2.4% | 1,947 | 1,902 | 1,875 | 1,729 | 1,435 | 1,322 | 1,164 | 960 | 789 | 673 | 563 | 446 | 353 | 298 | 234 | 135 | 81.00 | 90.00 | 113 | 85.00 | 28.00 |
| Additional Paid-In Capital | 0.2% | 2,005 | 2,002 | 1,996 | 1,991 | 1,986 | 1,982 | 1,977 | 1,973 | 1,968 | 1,964 | 1,953 | 1,943 | 1,934 | 1,931 | 1,928 | 1,915 | 1,913 | 1,911 | 1,909 | 1,908 | 1,907 |
| Shares Outstanding | 0.1% | 246 | 246 | 245 | 245 | 245 | 244 | 244 | 244 | 244 | 243 | 243 | 242 | 241 | 241 | 241 | 240 | 240 | 239 | 239 | 239 | 239 |
| Minority Interest | 0.1% | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 30.00 | 30.00 | 29.00 | 28.00 | 28.00 | 28.00 | 28.00 | 27.00 | 27.00 | 26.00 | 26.00 | 26.00 | 25.00 | 25.00 | 24.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -4.4% | 1,059 | 1,108 | 1,099 | 1,035 | 1,127 | 1,111 | 1,121 | 968 | 984 | 850 | 770 | 715 | 637 | 608 | 564 | 520 | 626 | 568 | 663 | 632 | 625 |
| Share Based Compensation | - | - | - | 14.00 | - | - | - | 11.00 | - | - | - | 8.00 | - | - | - | 7.00 | - | - | - | 5.00 | - | - |
| Cashflow From Investing | 2.5% | -899 | -922 | -1,007 | -1,030 | -1,149 | -1,019 | -943 | -663 | -525 | -698 | -638 | -755 | -636 | -365 | -462 | -382 | -412 | -509 | -537 | -602 | -654 |
| Cashflow From Financing | 32.0% | -81.44 | -119 | 56.00 | 113 | 63.00 | 129 | -30.10 | -317 | -513 | -438 | -333 | 5.00 | 231 | -360 | 108 | -90.95 | -42.31 | 507 | -40.62 | 3.00 | -248 |
| Dividend Payments | 10.1% | 68.00 | 61.00 | 55.00 | 49.00 | 46.00 | 44.00 | 51.00 | 39.00 | 29.00 | 19.00 | - | - | - | - | - | - | - | - | - | - | - |
AMKR Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 1,457,922 | $ 1,504,868 | $ 2,929,461 | $ 3,101,684 |
| Cost of sales | 1,271,052 | 1,255,713 | 2,548,170 | 2,527,199 |
| Gross profit | 186,870 | 249,155 | 381,291 | 574,485 |
| Selling, general and administrative | 64,860 | 68,868 | 143,531 | 145,827 |
| Research and development | 45,688 | 37,478 | 92,735 | 75,841 |
| Total operating expenses | 110,548 | 106,346 | 236,266 | 221,668 |
| Operating income | 76,322 | 142,809 | 145,025 | 352,817 |
| Interest expense | 14,354 | 14,593 | 30,521 | 28,741 |
| Other (income) expense, net | (11,883) | (8,041) | (15,435) | (13,137) |
| Total other expense, net | 2,471 | 6,552 | 15,086 | 15,604 |
| Income before taxes | 73,851 | 136,257 | 129,939 | 337,213 |
| Income tax expense | 9,407 | 10,788 | 20,271 | 40,516 |
| Net income | 64,444 | 125,469 | 109,668 | 296,697 |
| Net income attributable to non-controlling interests | (158) | (691) | (31) | (1,256) |
| Net income attributable to Amkor | $ 64,286 | $ 124,778 | $ 109,637 | $ 295,441 |
| Net income attributable to Amkor per common share: | ||||
| Basic (in dollars per share) | $ 0.26 | $ 0.51 | $ 0.45 | $ 1.21 |
| Diluted (in dollars per share) | $ 0.26 | $ 0.51 | $ 0.44 | $ 1.20 |
| Shares used in computing per common share amounts: | ||||
| Basic (in shares) | 245,637 | 244,592 | 245,485 | 244,498 |
| Diluted (in shares) | 246,964 | 245,855 | 247,046 | 245,938 |
AMKR Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 804,834 | $ 959,072 |
| Short-term investments (amortized cost of $400,792 and $283,641 in 2023 and 2022, respectively) | 399,233 | 281,964 |
| Accounts receivable, net of allowances | 1,198,612 | 1,365,504 |
| Inventories | 534,477 | 629,576 |
| Other current assets | 61,890 | 65,123 |
| Total current assets | 2,999,046 | 3,301,239 |
| Property, plant and equipment, net | 3,309,592 | 3,135,614 |
| Operating lease right of use assets | 146,080 | 171,163 |
| Goodwill | 19,550 | 21,517 |
| Restricted cash | 3,428 | 3,334 |
| Other assets | 160,484 | 188,890 |
| Total assets | 6,638,180 | 6,821,757 |
| Current liabilities: | ||
| Short-term borrowings and current portion of long-term debt | 155,978 | 143,813 |
| Trade accounts payable | 701,610 | 899,164 |
| Capital expenditures payable | 310,387 | 146,602 |
| Short-term operating lease liability | 53,991 | 70,991 |
| Accrued expenses | 354,522 | 401,841 |
| Total current liabilities | 1,576,488 | 1,662,411 |
| Long-term debt | 975,535 | 1,088,521 |
| Pension and severance obligations | 88,249 | 93,540 |
| Long-term operating lease liabilities | 66,030 | 75,745 |
| Other non-current liabilities | 169,019 | 201,839 |
| Total liabilities | 2,875,321 | 3,122,056 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 10,000 shares authorized, designated Series A, none issued | 0 | 0 |
| Common stock, $0.001 par value, 500,000 shares authorized; 291,958 and 291,249 shares issued; and 245,689 and 245,091 shares outstanding in 2023 and 2022, respectively | 292 | 291 |
| Additional paid-in capital | 2,005,055 | 1,996,344 |
| Retained earnings | 1,947,420 | 1,874,644 |
| Accumulated other comprehensive income (loss) | 1,432 | 16,699 |
| Treasury stock, at cost, 46,269 and 46,158 shares in 2023 and 2022, respectively | (222,049) | (219,226) |
| Total Amkor stockholders’ equity | 3,732,150 | 3,668,752 |
| Non-controlling interests in subsidiaries | 30,709 | 30,949 |
| Total equity | 3,762,859 | 3,699,701 |
| Total liabilities and equity | $ 6,638,180 | $ 6,821,757 |
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the rest of the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, and test and drop shipment services. The company also provides flip chip-scale package products for use in smartphones, tablets, and other mobile consumer electronic devices; flip-chip stacked chip-scale packages that are used to stack memory on top of digital baseband, and as applications processors in mobile devices; and flip-chip ball grid array packages for various networking, storage, computing, and consumer applications. In addition, it offers wafer-level CSP packages that are used in power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages for use in ICs; and silicon wafer integrated fan-out technology, which replaces a laminate substrate with a thinner structure. Further, the company provides lead frame packages that are used in electronic devices for low to medium pin count analog and mixed-signal applications; substrate-based wirebond packages, which are used to connect a die to a substrate; micro-electro-mechanical systems (MEMS) packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules, which are used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. It primarily serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.