Amkor Technology Reports Financial Results for the Second Quarter 2023

AMKOR TECHNOLOGY, INC.

Selected Operating Data

 

 

Q2 2023

 

Q1 2023

 

Q2 2022

Net Sales Data:

 

 

 

 

 

Net sales (in millions):

 

 

 

 

 

Advanced products (1)

$

1,084

 

 

$

1,068

 

 

$

1,084

 

Mainstream products (2)

 

374

 

 

 

404

 

 

 

421

 

Total net sales

$

1,458

 

 

$

1,472

 

 

$

1,505

 

 

 

 

 

 

 

Packaging services

 

88

%

 

 

88

%

 

 

87

%

Test services

 

12

%

 

 

12

%

 

 

13

%

 

 

 

 

 

 

Net sales from top ten customers

 

66

%

 

 

66

%

 

 

65

%

 

 

 

 

 

 

End Market Distribution Data:

 

 

 

 

 

Communications (smartphones, tablets)

 

41

%

 

 

45

%

 

 

37

%

Automotive, industrial and other (ADAS, electrification, infotainment, safety)

 

23

%

 

 

26

%

 

 

23

%

Computing (data center, infrastructure, PC/laptop, storage)

 

20

%

 

 

17

%

 

 

18

%

Consumer (AR & gaming, connected home, home electronics, wearables)

 

16

%

 

 

12

%

 

 

22

%

Total

 

100

%

 

 

100

%

 

 

100

%

 

 

 

 

 

 

Gross Margin Data:

 

 

 

 

 

Net sales

 

100.0

%

 

 

100.0

%

 

 

100.0

%

Cost of sales:

 

 

 

 

 

Materials

 

53.6

%

 

 

52.9

%

 

 

49.2

%

Labor

 

10.9

%

 

 

11.3

%

 

 

11.8

%

Other manufacturing

 

22.7

%

 

 

22.6

%

 

 

22.4

%

Gross margin

 

12.8

%

 

 

13.2

%

 

 

16.6

%


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