Amkor Technology, Inc.: Unique position in a transforming industry
A transformational moment for the OSAT sector:
- According to Morgan Stanley, the outsourced semiconductor assembly and test (OSAT) services sector is at a transformational moment.
Strategic Expansion Plan:
-$AMKR plans to build an advanced packaging and testing facility in Arizona.
- This facility will be used to package and test chips manufactured for Apple at the nearby TSMC facility.
Spectacular scope and timeframe:
- The new plant will include more than 500,000 square feet of cleanroom space.
- Production at the new plant should be ready within the next 2 to 3 years.
Key role in domestic manufacturing:
- Morgan Stanley said the move will make $AMKR a facilitator for domestic high-end end-to-end semiconductor manufacturing.
Morgan Stanley said Amkor Technology is on the cusp of a significant transformation that will uniquely position the company to capitalize on the growth potential in the OSAT sector. The planned Arizona facility will strengthen the company's capabilities and solidify its role in the supply chain for key technology players such as Apple.