Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, has released its Form 10-Q report for the second quarter of 2025. The report highlights the company’s financial performance and operational developments, showcasing growth in key markets and strategic initiatives aimed at expanding its global footprint and technological capabilities.

Financial Highlights

Net Sales: $1,511.4 million, increased by 3.4% compared to the same period in 2024, primarily due to growth in consumer and computing end markets.

Gross Profit: $181.9 million, decreased from $212.4 million in the same period in 2024, primarily due to increased overhead and employee compensation costs.

Operating Income: $92.0 million, increased from $81.5 million in the same period in 2024, primarily due to the net cash received in the Nanium Insolvency Receipt.

Net Income: $55.1 million, decreased from $67.3 million in the same period in 2024, impacted by discrete tax expense associated with the Nanium Insolvency Receipt.

Net Income Attributable to Amkor Per Common Share – Basic: $0.22, decreased from $0.27 in the same period in 2024.

Net Income Attributable to Amkor Per Common Share – Diluted: $0.22, decreased from $0.27 in the same period in 2024.

Business Highlights

Revenue Segments: The consumer end market grew by 52% and 37% for the three and six months ended June 30, 2025, respectively, driven by strong demand for IoT wearables, AI devices, and ARM-based PCs. The computing end market grew by 16% and 18% for the same periods, while the communications end market decreased by 15% and 17%, primarily due to lower supported content in premium tier smartphones.

Geographical Performance: The company began delivering advanced packages from the Vietnam Facility in the third quarter of 2024, and plans are progressing to build an advanced packaging and test facility in Arizona, supported by up to $407 million in direct funding from the U.S. Department of Commerce.

New Production Launches: The ramp-up of the Vietnam Facility is in the early stages of high-volume manufacturing, impacting gross profit and margin due to increased overhead and employee compensation costs.

Future Outlook: The company expects to begin construction of the Arizona Facility in the second half of 2025, with plans to leverage investments in advanced technology to meet demand in high-growth markets such as high-performance computing, automotive, IoT, and mobile communications.

SEC Filing: AMKOR TECHNOLOGY, INC. [ AMKR ] – 10-Q – Jul. 29, 2025