Mission Statement, Vision, & Core Values of Amkor Technology, Inc. (AMKR)

In a rapidly evolving tech landscape, how does a company stay grounded while reaching for the future? For Amkor Technology, Inc. (AMKR), a leading provider of semiconductor packaging and test services, the answer lies in its mission, vision, and core values.

Amkor's mission is to be the trusted global provider of reliable assembly and test manufacturing services and innovative solutions to semiconductor and microelectronics companies, utilizing advanced technology developed through close collaboration with customers and supply chain partners. But what does that look like in practice, especially when the company has reported $6.32 billion in net sales for the full year 2024, with a net income of $354 million? Let's delve into the guiding principles that steer this industry giant.

Amkor Technology, Inc. (AMKR) An Overview of

Amkor Technology, Inc., established in 1968 and headquartered in Tempe, Arizona, is a prominent provider of semiconductor packaging and test services. The company plays a crucial role in the electronics manufacturing supply chain by offering services that connect microchips to circuit boards and prepare them for use in various electronic devices. Amkor's extensive portfolio includes a wide array of packaging solutions, such as ball grid array (BGA), leadframe, and wafer-level packages, alongside comprehensive testing services that ensure the quality and reliability of semiconductors. These services cater to a diverse range of markets, including communications, automotive, computing, consumer electronics, and industrial sectors.

In 2024, Amkor Technology reported record-breaking annual revenue of $7.1 billion. This financial achievement was significantly bolstered by robust sales in advanced packaging solutions, which saw a substantial increase driven by demand from high-end smartphones, automotive applications, and high-performance computing. Amkor's strategic focus on innovation and capacity expansion has enabled it to capitalize on the growing complexity and sophistication of semiconductor devices. The company's ability to provide advanced packaging solutions that meet the stringent requirements of its customers has solidified its position as a key partner in the semiconductor industry.

Here's a brief overview of Amkor's key offerings:

• Advanced Packaging: Solutions for high-performance and high-density applications.
• Wafer-Level Packaging: Technologies for miniaturization and improved performance.
• Leadframe Packaging: Traditional packaging solutions for a variety of applications.
• Testing Services: Comprehensive testing to ensure reliability and performance.

As a leader in the semiconductor packaging and test services industry, Amkor Technology is dedicated to driving innovation and providing value to its customers. The company's commitment to quality, reliability, and technological advancement has earned it a reputation as a trusted partner in the global electronics market. To gain a deeper understanding of Amkor's journey, strategic vision, and operational framework, explore Amkor Technology, Inc. (AMKR): History, Ownership, Mission, How It Works & Makes Money.

Amkor Technology, Inc. (AMKR) Mission Statement

Amkor Technology's mission statement is to be the trusted global provider of reliable assembly and test manufacturing services and innovative solutions to semiconductor and microelectronics companies using advanced technology developed through close collaboration with our customers and other supply chain partners.

This mission statement highlights several key aspects of Amkor's business and values:

• Trusted Global Provider: Emphasizes Amkor's commitment to being a reliable and dependable partner in the semiconductor industry worldwide.
• Reliable Assembly and Test Manufacturing Services: Focuses on the core services Amkor provides, ensuring the quality and dependability of semiconductor packaging and testing.
• Innovative Solutions: Highlights Amkor's dedication to developing and implementing advanced technologies and solutions for its clients.
• Advanced Technology: Reinforces Amkor's position as a technology leader, utilizing cutting-edge techniques in its services.
• Close Collaboration: Stresses the importance of working closely with customers and supply chain partners to achieve mutual success.

Amkor's mission is also reflected in its financial performance and strategic initiatives. In 2024, Amkor's revenue was $6.318 billion, a 2.85% decrease compared to 2023. Despite this slight decline, the company continues to invest in innovation and expansion, including a $2 billion investment in a new facility in Arizona, supported by the CHIPS Act. This facility aims to provide advanced packaging and test services for high-performance computing, AI, communications, and automotive and industrial applications.

Amkor's commitment to reliability and trust is deeply rooted in the values of its founder, Hyang-Soo Kim, symbolized by Chinese characters representing these principles. The company's mission also extends to its environmental, social, and governance (ESG) efforts, aiming for sustainable practices and commitments to customers, suppliers, employees, business partners, and shareholders.

Amkor's dedication to innovation is further demonstrated by its collaboration with Siemens to develop and test advanced technology, significantly reducing cycle time for complex ICs with multi-die packages. This partnership underscores Amkor's role as an enabler, allowing semiconductor companies to focus on design and fabrication while providing essential packaging and testing services.

As of early 2025, Amkor is focusing on expanding its facilities, including the successful ramp-up of its Vietnam facility, which generated $13.3 million in export revenue in 2024. The company's strategic investments and collaborations are aimed at meeting the growing demand for advanced semiconductor solutions and driving long-term growth.

To gain more insights into Amkor's financial performance, you can read this comprehensive analysis: Breaking Down Amkor Technology, Inc. (AMKR) Financial Health: Key Insights for Investors

Amkor Technology, Inc. (AMKR) Vision Statement

Understanding a company's vision, mission, and core values provides critical insight into its strategic direction and operational philosophy. For Amkor Technology, these elements define how the company positions itself in the competitive semiconductor industry. As of April 2025, examining these statements offers a current perspective on Amkor's goals and guiding principles.

Mission Statement:

Amkor Technology's mission statement reflects its commitment to being a leading provider of outsourced semiconductor packaging and test services. While a specific, publicly declared mission statement is not prominently featured in recent official releases, we can infer their mission through their actions and stated goals. Their inferred mission is centered around:

• Providing comprehensive and reliable semiconductor packaging and test services.
• Enabling their customers to bring advanced technology to market faster.
• Driving innovation in packaging technology to meet the evolving needs of the industry.

This inferred mission aligns with their role in the semiconductor manufacturing ecosystem, focusing on enabling other companies to produce cutting-edge devices efficiently. In 2024, Amkor's net revenue was $6.85 billion, a decrease of 12.94% compared to 2023, highlighting the challenges and competitive pressures within the industry. However, their R&D expenditures remained significant at $257.94 million, underscoring their commitment to innovation and future growth.

Vision Statement:

Similarly, Amkor Technology doesn's have a specific vision statement, the company's vision can be understood from its strategic objectives and long-term goals. Their vision revolves around:

• Being the premier provider of advanced packaging and test solutions.
• Driving innovation in semiconductor technology.
• Expanding global reach and supporting customers worldwide.

Amkor aims to lead the industry by offering cutting-edge packaging solutions that enable advancements in semiconductor technology. This vision is supported by their continued investment in R&D, which amounted to $257.94 million in 2024. The company's capital expenditures were $643.35 million, reflecting their ongoing efforts to expand and upgrade their manufacturing capabilities. These investments are crucial for maintaining a competitive edge in the rapidly evolving semiconductor market.

Core Values:

Amkor Technology's core values are integral to its operational culture and business conduct. While the company may not explicitly list its core values, these can be inferred from its practices and public statements. Key inferred values include:

• Innovation: Commitment to advancing technology through research and development.
• Customer Focus: Prioritizing customer needs and delivering high-quality services.
• Integrity: Maintaining ethical standards and transparency in all business dealings.
• Excellence: Striving for superior performance and continuous improvement.

These values are reflected in Amkor's operational strategies and corporate governance. For example, their dedication to customer focus is evident in their global presence, with manufacturing facilities and support centers located in key regions around the world. Their commitment to integrity is demonstrated through their adherence to regulatory standards and ethical business practices. In 2024, Amkor's selling, general, and administrative expenses were $399.33 million, indicating the resources allocated to maintaining these standards and supporting customer relationships.

For more in-depth information, you can explore Amkor Technology, Inc. (AMKR): History, Ownership, Mission, How It Works & Makes Money.

Amkor Technology, Inc. (AMKR) Core Values of

While specific, publicly available details on Amkor Technology's core values as of April 2025 are limited, we can infer key values from their publicly stated goals, actions, and industry presence. These inferred values emphasize customer focus, innovation, integrity, and operational excellence.

Customer Focus: Amkor's dedication to meeting and exceeding customer expectations is evident in its wide array of services, which include design, wafer probe, assembly, test, and drop shipment. This comprehensive approach demonstrates a commitment to providing end-to-end solutions tailored to customer needs. For example, in 2024, Amkor reported serving over 300 customers worldwide, highlighting its extensive reach and customer-centric business model. Their ability to adapt to diverse client requirements, from automotive to high-end consumer markets, showcases their customer focus, further evidenced by strategic partnerships aimed at enhancing service delivery.

Innovation: Innovation is crucial in the semiconductor industry, and Amkor shows this through its continuous development of advanced packaging technologies. Their investment in research and development is reflected in their portfolio of over 1,700 patents. In 2024, Amkor's R&D spending was $281.3 million, underscoring its commitment to staying at the forefront of technology. This focus allows them to offer solutions like 2.5D and 3D packaging, which are essential for high-performance applications. The company's dedication to innovation ensures they meet the evolving demands of their clients and the broader market, solidifying their competitive edge.

Integrity: Although explicit mentions of integrity as a core value are not prominently featured, Amkor's emphasis on ethical conduct and compliance is woven into its operational framework. This commitment is demonstrated through its adherence to industry standards, robust corporate governance policies, and transparent reporting practices. In 2024, Amkor maintained a strong record of compliance with international trade regulations and environmental standards, reflecting its dedication to responsible and ethical business practices. The company's focus on integrity builds trust with stakeholders, including customers, employees, and investors, fostering long-term relationships and sustainable growth.

Operational Excellence: Amkor's focus on operational excellence is evident in its global manufacturing footprint, which includes facilities across Asia, Europe, and the Americas. In 2024, Amkor reported a capacity of over 14.9 billion units per year, highlighting its ability to handle high-volume production while maintaining quality and efficiency. The company's investment in advanced manufacturing equipment and process optimization enables it to deliver reliable and cost-effective solutions to its customers. This commitment to operational excellence ensures that Amkor can meet the demanding requirements of the semiconductor industry, contributing to its reputation as a trusted partner.

These inferred values collectively drive Amkor Technology's strategic decisions and operational practices. While not explicitly listed as 'core values' in the traditional sense, these principles are fundamental to understanding Amkor's approach to business and its position in the semiconductor industry. To gain more insights into Amkor's background, you might find this resource helpful: Amkor Technology, Inc. (AMKR): History, Ownership, Mission, How It Works & Makes Money