Amkor Technology Inc. Overview
Company Headquarters: Arizona, US
Founded: 1968
Workforce: ~29,300
Company Working: Amkor Technology is one of the leading providers of outsourced semiconductor packaging and test services. The company also provides turn-key test services and packaging including wafer probe, wafer bump, wafer back-grind, packaging, package design, and drop shipment services. Integrated device manufacturers (IDMs) to reduce their capital expenditure on research tend to outsource parts of its manufacturing responsibilities to companies such as Amkor, which are in the business of IC packaging and testing.
The company offers its products through four segments, namely packaging, technology, services, and applications. Under the packaging segment, the company offers products under the subcategories such as laminate, lead frame, power discrete, and wafer level. Amkor has strategically positioned its offices, globally to reach a wider client base. It has offices in the countries including the US, France, Germany, China, Korea, Japan, and Singapore. The company has about 20 factories in the countries of Japan, Korea, the Philippines, China, Malaysia, and Portugal.
Strategy
Amkor follows product innovation as a primary strategy and has invested substantially in its R&D department, assigning about 600 employees for the department. In order to achieve significant efficiency, the company aims to improve the utilization rate of its existing assets. Amkor, as a part of its key strategy, aims to improve the utilization of its existing assets by offering improved package technology to its existing customer base. While, the existing assets will be offered to the potential customers. Another strategy followed by the company is the investments to tap into the opportunities and enhance the product portfolio. For instance, Amkor strategically acquired Nanium S.A. in 2015 that is a primary manufacturer of fan-out wafer-level packaging.
