Amkor Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
July 26, 2021 at 04:03 pm EDT
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Amkor Technology, Inc. announced earnings results for the second quarter and six months ended June 30, 2021. For the second quarter, the company announced Net Sales were USD 1,406.535 million compared to USD 1,172.909 million a year ago. Operating income was USD 155.115 million compared to USD 86.524 million a year ago. Net income was USD 126.458 million compared to USD 56.140 million a year ago. Basic earnings per share was USD 0.52 compared to USD 0.23 a year ago. Diluted earnings per share was USD 0.51 compared to USD 0.23 a year ago.
For the six months, the company reported net sales of USD 2,732.685 million compared to USD 2,325.525 million a year ago. Operating income was USD 299.563 million compared to USD 170.597 million a year ago. Net income was USD 246.477 million compared to USD 120.637 million a year ago. Basic earnings per share was USD 1.01 compared to USD 0.5 a year ago. Diluted earnings per share was USD 1.00 compared to USD 0.49 a year ago.
Amkor Technology, Inc. is a provider of outsourced semiconductor packaging and test services. The Company is engaged in the outsourcing of semiconductor packaging and test services. It designs and develops packaging and test technologies focused on advanced packaging solutions, including artificial intelligence. Its packaging and test services are designed to meet application and chip-specific requirements, including: the required type of interconnect technology; size; thickness; and electrical, mechanical, and thermal performance. It provides turnkey packaging and test services including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test and drop shipment services. The Company offers services to integrated device manufacturers (IDMs), fabless semiconductor companies, original equipment manufacturers (OEMs) and contract foundries. It allows IDMs to outsource packaging and test services and focus their investments.