Amkor Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 25, 2021 at 04:06 pm EDT
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Amkor Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 1,681 million. Net income was USD 180.85 million. Basic earnings per share from continuing operations was USD 0.74. Diluted earnings per share from continuing operations was USD 0.74.
For the nine months, sales was USD 4,413.69 million. Net income was USD 426.47 million. Basic earnings per share from continuing operations was USD 1.75. Diluted earnings per share from continuing operations was USD 1.74.
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.