Amkor enables a resilient domestic
semiconductor supply chain with the construction of its new
advanced packaging facility in Arizona
Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of
semiconductor packaging and test services, has announced its plan
to build an advanced packaging and test facility in Peoria,
Arizona. By the time of full project completion, Amkor projects to
invest approximately $2 billion and employ approximately 2,000
people at the new facility.
Amkor is the only US-headquartered OSAT (outsourced
semiconductor assembly and test) service provider with advanced
packaging technology capability and high-volume manufacturing
experience. Upon completion, this will be the largest outsourced
advanced packaging facility in the US.
"Expansion of a US semiconductor supply chain is underway, and
as the largest US-headquartered advanced packaging company, we are
excited to lead the charge in bolstering America’s advanced
packaging capabilities," said Giel Rutten, Amkor’s president and
chief executive officer. “Semiconductor companies, foundries, and
other supply chain partners understand the need to strategically
broaden their geographic footprint. The announcement of our new
advanced packaging and test facility in Arizona is a clear signal
of our intent to help our customers ensure resilient supply chains
and be a part of a strong American semiconductor ecosystem.”
In recent Congressional testimony, Commerce Secretary Gina M.
Raimondo highlighted advanced packaging as a major area of focus
for the US government’s effort to rebuild American semiconductor
manufacturing. The Commerce Department made clear that developing
robust advanced manufacturing capacity and capability is a key
priority and essential to the success of the CHIPS program.
Amkor has secured approximately 55 acres of land with intent to
build a state-of-the-art manufacturing campus with more than
500,000 square feet of clean room space. The first phase of the
manufacturing plant is targeted to be ready for production within
the next two to three years. Amkor plans to provide high volume,
leading-edge technologies for advanced packaging and testing of
semiconductors to support critical markets such as high-performance
computing, automotive, and communications.
Amkor worked closely with Apple on the strategic vision and
initial manufacturing capability of the Peoria facility, which will
package and test chips produced for Apple at the nearby TSMC fab.
When the new facility opens, Apple will be its first and largest
customer.
Amkor first established its presence in the Greater Phoenix area
in 1984 and is excited to expand its footprint in the evolving
Arizona semiconductor industry. The new manufacturing location will
uniquely position Amkor among a strong ecosystem of front-end fabs,
IDMs, and suppliers with current or expanding presence in the area,
including TSMC, Intel, Applied Materials, ASML and others.
The project has garnered strong support from the City of Peoria,
the Arizona Commerce Authority, and government authorities as it
expands the evolving semiconductor ecosystem, provides high-tech
jobs, and increases economic energy in the Greater Phoenix
metropolitan area.
To ensure the success of a project of this magnitude in the
United States, Amkor has applied for CHIPS funding. The CHIPS and
Science Act was established to boost US competitiveness,
innovation, and national security in the semiconductor industry. As
part of the $52.7 billion program, the federal government will
award $39 billion to US companies in competitive grants to
manufacturers to finance construction, expansion, and modernization
of facilities and equipment. These funds will be critical to
Amkor’s project moving forward.
“Amkor’s $2 billion project—one of the largest microchip
investments announced in Arizona since the passage of the CHIPS Act
last year—will create good-paying jobs, strengthen our local
economy, and help protect our national security,” Arizona Senator
Mark Kelly said. “As one of the first advanced packaging facilities
in the US, this is a huge step forward to reducing dependence on
other countries in the microchip supply chain. When negotiating the
CHIPS and Science Act, one of my top priorities was making sure
companies like Amkor had the support needed to develop a resilient
supply chain in places like Arizona that are leading the way in
bringing microchip manufacturing back to America.”
“Amkor’s announcement is a historic step forward for Arizona
that will bolster America’s national security and build a more
resilient supply chain, bring billions of dollars into our state,
and create thousands of good-paying jobs for Arizona workers,” said
Governor Katie Hobbs. “With this project, one of the most
significant investments in advanced packaging in America, Arizona
will solidify itself as a world leader in the semiconductor
industry. I was glad to meet with the Arizona Commerce Authority
and Amkor leadership in South Korea to discuss future investments
in Arizona and am proud to have them as a partner. Together, we’ll
continue to expand the semiconductor ecosystem and continue
Arizona’s long history of leadership in the advanced manufacturing
sector.”
“Amkor has been a strategic OSAT partner to TSMC for many
years,” said Dr. CC Wei, Chief Executive Officer of TSMC. “TSMC
applauds Amkor for investing in the future of the semiconductor
industry with us in Arizona. We share Amkor’s excitement for its
significant investment and the value this facility will bring to
TSMC, our customers, and the ecosystem.”
"Apple is committed to help build a new era of advanced
manufacturing, right here in the US,” said Jeff Williams, Apple
chief operating officer. “Apple and Amkor have worked together for
more than a decade packaging chips used extensively in all Apple
products, and we are thrilled that this partnership will now
deliver the largest OSAT advanced packaging facility in the United
States.”
“This new US facility, in combination with our advanced
facilities spanning Asia and Europe, further strengthens our broad
geographic footprint, supporting global but also enabling regional
supply chains,” added Rutten. “This investment will reinforce our
leadership position in advanced packaging and test within the key
markets we serve while solidifying our commitment to expanding
US-based chip manufacturing.”
About Amkor Technology, Inc.
Amkor Technology, Inc. is the world's largest US headquartered
OSAT (outsourced semiconductor assembly and test) service provider.
Since its founding in 1968, Amkor has pioneered the outsourcing of
IC packaging and test services and is a strategic manufacturing
partner for the world's leading semiconductor companies, foundries,
and electronics OEMs. Amkor provides turnkey manufacturing services
for the communication, automotive and industrial, computing, and
consumer industries, including but not limited to smartphones,
electric vehicles, data centers, artificial intelligence, and
wearables. Amkor's operational base includes production facilities,
research and development centers, and sales and support offices
located in key electronics manufacturing regions in Asia, Europe,
and the United States. For more information, visit amkor.com.
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
about the amount and timing of CHIPS funding and government
support, the start of production in Arizona, the size, capability,
output and other features and benefits of the facility, the amount
of investment, the supply chain, job creation, our market position,
and growth. You are cautioned not to place undue reliance on
forward-looking statements. All forward-looking statements in this
press release are made based on our current expectations,
forecasts, estimates, and assumptions. Because such statements
include risks and uncertainties, actual results may differ
materially from those anticipated in such forward-looking
statements. Risk factors that could affect the outcome of the
events set forth in these statements include, but are not limited
to, that there can be no assurance that the facility will be built
on the timeline, at the cost or to the specifications expected or
at all or that the facility will generate sales or other benefits
of the type or amount expected or at all and other factors
discussed in the company’s reports filed with or furnished to the
Securities and Exchange Commission. All forward-looking statements
attributable to us or persons acting on our behalf are expressly
qualified in their entirety by this cautionary statement. We assume
no obligation to review or update any forward-looking statements to
reflect events or circumstances occurring after the date of this
press release except as may be required by applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231130568669/en/
Investor Relations Jennifer Jue Vice President, Investor
Relations and Finance 480-786-7594 jennifer.jue@amkor.com
Media Relations Christina Parsons Director, Marketing
Communications 480-786-7823 christina.parsons@amkor.com
Social Media: @amkortechnology
Amkor Technology (NASDAQ:AMKR)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Amkor Technology (NASDAQ:AMKR)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024