UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 Commission File Number 000-29472 Amkor Technology, Inc. (Exact name of registrant as specified in its charter) Delaware 23-1722724 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 2045 East Innovation Circle Tempe, AZ 85284 (Address of principal e ...

Amkor Technology, Inc. Q4 and Full Year 2023 Earnings Call February 5, 2024 ...

Amkor Technology, Inc. (NASDAQ:AMKR) Q4 2023 Earnings Conference Call February 5, 2024 5:00 PM ET Company Participants Jennifer Jue - Head of IR Giel Rutten - CEO Megan Faust - CFO Conference Call Participants Craig Ellis - B. Riley Securities Randy Abrams - UBS Ben Reitzes - Melius Research Thomas Diffely - D.A. Davidson Joseph Moore - Morgan Stanley Operator Good day, ladies and gentlemen, and welcome to the Amkor Technology Fourth Quarter and Full Year 2023 Earnings Conference Call. My name is Diego and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-29472 AMKOR TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 23-1722724 (State of incorporation) (I.R.S ...

Amkor Technology, Inc. (NASDAQ:AMKR) Q3 2023 Earnings Call Transcript October 30, 2023 5:00 PM ET Company Participants Jennifer Jue - Head of Investor Relations Giel Rutten - Chief Executive Officer Megan Faust - Chief Financial Officer Conference Call Participants Tom Diffely - D.A. Davidson Randy Abrams - UBS Steve Barger - KeyBank Capital Markets Operator Good day, ladies and gentlemen, and welcome to the Amkor Technology Third Quarter 2023 Earnings Conference Call. My name is Diego and I will be your co ...

Amkor Technology, Inc. Q3 2023 Earnings Call October 30, 2023 © 2023 Amkor Technology, Inc. 1 Presenter Introductions Jennifer Jue Vice President, Investor Relations Giel Rutten President and Chief Executive Officer Megan Faust Executive Vice President and Chief Financial Officer © 2023 Amkor Technology, Inc. 2 Disclaimer Non-GAAP Measures This presentation contains certain measures that are not defined terms under U.S. generally accepted accounting principles ("GAAP"). These non-GAAP measures should not be ...

Amkor Technology, Inc. (NASDAQ:AMKR) Q2 2023 Earnings Conference Call July 31, 2023 5:00 PM ET Company Participants Jennifer Jue - Head of Investor Relations Giel Rutten - Chief Executive Officer Megan Faust - Chief Financial Officer Conference Call Participants Randy Abrams - Credit Suisse Tom Diffely - D.A. Davidson Operator Good day, ladies and gentlemen and welcome to the Amkor Technology Second Quarter 2023 Earnings Conference Call. My name is Diego and I will be your conference facilitator today. [Ope ...

Financial Performance - Amkor's net sales decreased by $46.9 million, or 3.1%, to $1,457.9 million for the three months ended June 30, 2023, compared to $1,504.9 million for the same period in 2022[99]. - Gross margin for the three months ended June 30, 2023 decreased to 12.8%, down from 16.6% in the same period of 2022, primarily due to higher material costs and lower factory utilization[99]. - Operating income margin decreased by 430 basis points to 5.2% for the three months ended June 30, 2023, from 9.5% for the same period in 2022[100]. - The consumer end market sales decreased by 27% and 35% for the three and six months ended June 30, 2023, respectively, while communications market sales grew by 7% and 4% during the same periods[104]. - Operating cash flow for the six months ended June 30, 2023, was $422.6 million, a decrease of $39.7 million compared to $462.3 million for the same period in 2022[133]. - Free cash flow for the six months ended June 30, 2023, was $146.0 million, an increase of $23.1 million from $122.8 million in the same period of 2022[136]. Capital Expenditures and Investments - Capital expenditures totaled $282.3 million for the six months ended June 30, 2023, compared to $340.2 million for the same period in 2022, focusing on advanced packaging and the Vietnam Facility[100]. - Capital expenditures for the six months ended June 30, 2023, totaled $282.3 million, with expectations for 2023 capital expenditures to be approximately $750 million[129][130]. - Cash used in investing activities decreased by $107.8 million to $(418.9) million for the six months ended June 30, 2023, primarily due to reduced payments for property, plant, and equipment[134]. Debt and Interest - As of June 30, 2023, the company had debt of $1,131.5 million, with $156.0 million due within 12 months[122]. - Interest expense for the six months ended June 30, 2023, increased to $30.5 million, up 6.2% from $28.7 million in the same period of 2022[110]. - Total debt maturities amount to $1.14 billion, with an average interest rate of 4.3%[144]. - Fixed rate debt totals $992.5 million, with an average interest rate of 1.3% for the remaining 2023[144]. - Variable rate debt amounts to $145.0 million, with an average interest rate of 5.7%[144]. Cash and Liquidity - As of June 30, 2023, Amkor had cash and cash equivalents of $804.8 million and short-term investments of $399.2 million[97]. - As of June 30, 2023, the company had cash and cash equivalents and short-term investments totaling $1,204.1 million, with $1,057.7 million held offshore[118]. - The company anticipates continuing to pay quarterly cash dividends, having paid $36.9 million in total cash dividends during the six months ended June 30, 2023[127]. - Approximately $91.6 million remains available for stock repurchases under the Stock Repurchase Program as of June 30, 2023[128]. Economic Outlook and Market Conditions - The company anticipates challenging macroeconomic conditions in the second half of 2023 and plans to manage capacity expansion and control costs accordingly[98]. - Amkor's business is cyclical and currently experiencing a correction, influenced by broader economic factors and supply chain disruptions[94]. Foreign Exchange and Risk Management - Approximately 90% of net sales for the six months ended June 30, 2023, were denominated in U.S. dollars, with the remaining sales primarily in Japanese yen[140]. - A 10% appreciation of foreign currencies against the U.S. dollar would have resulted in a $15 million decrease in income before taxes for the six months ended June 30, 2023[139]. - The company reported a foreign exchange loss of $15.2 million for the six months ended June 30, 2023, compared to a loss of $24.0 million for the same period in 2022[141]. - The company employs natural hedging techniques and forward contracts to manage foreign currency risk[138]. Research and Development - Research and development expenses increased by 21.9% to $45.7 million for the three months ended June 30, 2023, compared to $37.5 million in 2022, due to additional costs for advanced packaging technology projects[108]. Other Expenses - Total other expense, net, decreased by 62.3% to $2.5 million for the three months ended June 30, 2023, from $6.6 million in the same period of 2022[110]. - Income tax expense for the three months ended June 30, 2023, was $9.4 million, down from $10.8 million in the same period of 2022, reflecting a decrease of $1.4 million[112].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-29472 AMKOR TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 23-1722724 (State of incorporation) (I.R.S. Em ...

Amkor Technology, Inc. (NASDAQ:AMKR) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Jennifer Jue - Head of Investor Relations Giel Rutten - Chief Executive Officer Megan Faust - Chief Financial Officer Conference Call Participants Randy Abrams - Credit Suisse Tom Diffely - D.A. Davidson Operator Good day ladies and gentlemen and welcome to the Amkor Technology First Quarter 2023 Earnings Conference Call. My name is Diego and I will be your conference facilitator today. [Operato ...