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Amkor plans to invest $800 million to strengthen high-tech packaging production technology

Amkor plans to invest $800 million to strengthen high-tech packaging production technology

Posted Date: 2023-06-21

Jun 20, 2023 /SemiMedia/ — In response to stories, Amkor is increasing its market share within the Semiconductor packaging business in an more and more aggressive market. Amkor plans to open a manufacturing facility in Vietnam in September and plans to start out mass manufacturing within the fourth quarter.

“Amkor is constructing semiconductor packaging and testing services in Vietnam with the intention of creating Vietnam right into a semiconductor back-end course of middle,” mentioned Ji JongRip, president of Amkor Korea.

With the speedy growth of electrical automobiles and future cellular gadgets, Amkor focuses on automotive semiconductor packaging. As well as, Amkor plans to take a position $800 million this 12 months in new tools and know-how for high-tech packaging manufacturing to make sure sustainable progress and competitiveness.

“We make investments aggressively, attempt to develop cutting-edge applied sciences, and turn out to be the world’s prime automotive semiconductor OSAT firm,” Amkor administration mentioned.