Amkor's Newest Factory Set to Open in Vietnam on October 11, 2023

Amkor Technology, Inc. (NASDAQ:AMKR) is set to make a significant impact in the semiconductor industry with the grand opening of its newest factory in Bac Ninh, Vietnam. Scheduled for October 11, 2023, this state-of-the-art facility is poised to become Amkor’s most extensive campus, covering an impressive 57-acre expanse within the Yen Phong 2C Industrial Park.

The Vietnam factory is a testament to Amkor’s commitment to providing top-notch semiconductor packaging and test services. With 200,000 square meters of cleanroom space, the facility will initially focus on Advanced System in Package (SiP) and memory production. It will offer turnkey solutions, from design to electrical test, to some of the world’s leading semiconductor and electronic manufacturing companies.

To bring this ambitious project to life, Amkor has allocated a substantial $1.6 billion for the first two phases, covering facility construction, machinery, and equipment. This investment not only underscores Amkor’s dedication to delivering cutting-edge semiconductor packaging capabilities but also contributes significantly to Vietnam’s economic growth.

Giel Rutten, Amkor’s president and CEO, expressed enthusiasm about the new factory, stating, “This state-of-the-art factory in Vietnam will help Amkor provide an unrivaled geographic footprint to our customers, supporting global but also enabling regional supply chains. It’s the kind of secure and reliable supply chain our customers need—in communications, automotive, high-performance computing, and other key industries.”

The strategic location of the Vietnam campus, coupled with the support from government authorities, has made it an ideal choice for Amkor’s continued growth. The company is proud of its collaboration with Vietnam and looks forward to a long and mutually beneficial relationship.

Amkor Technology, Inc. is the world’s largest US headquartered OSAT (outsourced semiconductor assembly and test) service provider. With a rich history dating back to 1968, Amkor has been at the forefront of outsourcing IC packaging and test services. It has established itself as a strategic manufacturing partner for leading semiconductor companies, foundries, and electronics OEMs.

Amkor’s comprehensive manufacturing services cater to various industries, including communication, automotive and industrial, computing, and consumer electronics. From smartphones and electric vehicles to data centers, artificial intelligence, and wearables, Amkor’s turnkey solutions have made it a trusted name in the industry.

With production facilities, research and development centers, and sales and support offices strategically located across Asia, Europe, and the United States, Amkor is well-positioned to serve its global clientele.

As Amkor embarks on this exciting new chapter with the opening of its Vietnam factory, the company’s dedication to innovation, quality, and customer satisfaction remains unwavering. By expanding its geographic footprint and enhancing its semiconductor packaging capabilities, Amkor is poised to make a lasting impact on the industry and contribute to the growth of Vietnam’s economy.

For more information about Amkor’s new Vietnam factory, please visit amkor.com/vietnam.