Welcome to our dedicated page for Amkor Tech news (Ticker: AMKR), a resource for investors and traders seeking the latest updates and insights on Amkor Tech stock.
Amkor Technology Inc (AMKR) is a global leader in outsourced semiconductor assembly and test (OSAT) services, providing critical packaging and testing solutions for the electronics industry. This dedicated news hub offers investors and industry professionals centralized access to official press releases, financial disclosures, and strategic updates directly from the company.
Track AMKR's latest developments including quarterly earnings reports, technology partnerships, manufacturing expansions, and innovations in advanced packaging solutions. Our curated collection ensures timely updates on operational milestones, leadership changes, and market positioning within the semiconductor sector.
Key content categories include financial performance updates, strategic collaborations, product development announcements, and operational capacity expansions. All materials are sourced from verified company communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to AMKR's corporate communications. Combine these updates with broader market analysis to inform your understanding of the semiconductor supply chain dynamics and Amkor's role within it.
Amkor Technology (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, has received approval from the Science Based Targets initiative (SBTi) for its ambitious net-zero greenhouse gas (GHG) emissions targets.
Amkor commits to achieving net-zero GHG emissions across its value chain by 2050. By 2033, the company aims to reduce absolute Scope 1 and 2 emissions by 55% from a 2022 baseline. Additionally, 80% of its suppliers by emissions will have science-based targets by 2028. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions per million USD value added by 2050.
Giel Rutten, Amkor’s CEO, emphasized the importance of these targets in aligning with global climate goals and addressing the increasing energy use in the semiconductor industry. The company plans to increase renewable energy use and prioritize decarbonization across its value chain, with regular progress reports to ensure transparency.
Amkor Technology (Nasdaq: AMKR), a leader in semiconductor packaging and test services, will participate in the Goldman Sachs Global Semiconductor Conference on May 29, 2024.
The presentation will occur at 12:50 pm Eastern Time at the Goldman Sachs Conference Center in New York, NY.
A live and replay webcast will be available on the Investor Relations section of Amkor's website. Management will also engage in one-on-one and small group meetings with investors.
Amkor Technology (Nasdaq: AMKR) has declared a quarterly cash dividend of $0.07875 per share on its common stock.
The dividend will be distributed on June 24, 2024, to shareholders who are on record as of June 4, 2024.
Amkor Technology is a leading provider of semiconductor packaging and test services.
Amkor Technology, Inc. (Nasdaq: AMKR) reported financial results for Q1 2024, with net sales of $1.37 billion, gross profit of $202 million, operating income of $73 million, net income of $59 million, and earnings per diluted share of $0.24. The company highlighted efforts to expand capacity for AI devices, strengthen partnerships, progress plans for an Advanced packaging and test facility, and focus on production ramp in Vietnam. Quarterly results showed a decrease in net sales compared to Q4 2023, but an increase in gross margin. The company provided guidance for Q2 2024, expecting net sales of $1.40-$1.50 billion, gross margin of 13.0%-15.0%, and net income of $35-$75 million.
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