Amkor and GlobalFoundries Cut Ribbon on Strategic Cooperation in Portugal
16 Janeiro 2024 - 7:00AM
Business Wire
Partnership to strengthen European automotive
supply chain and expand services for global customers
Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of
semiconductor packaging and test services, and GlobalFoundries
(GF), one of the world’s leading semiconductor manufacturers, will
officially kick off their strategic partnership in Europe with a
ribbon cutting ceremony at Amkor’s Porto, Portugal, facility on
January 16, 2024.
Since February 2023, GF has transferred 50 tools from its
Dresden site to Amkor in Porto, with first customer products being
qualified on the newly installed GF tools.
The new partnership between the two companies redefines the
landscape of semiconductor manufacturing by enabling a first
comprehensive EU supply chain — from semiconductor wafer production
at GF to OSAT services at Amkor. To facilitate this collaboration,
GF is transferring its 300 mm Bump (12-inch bump, CuP and plated
bump) and Sort lines from its Dresden site to Amkor’s IATF 16949
certified Porto plant to establish the first at-scale back-end
facility in Europe.
This key strategic partnership between Amkor and GF is uniquely
positioned to aid the European Union in its drive toward automotive
semiconductor manufacturing regionalization. Amkor’s global
footprint and strong European presence combined with GF’s tools,
processes and know-how will enable the Porto site to help the
European Union to pursue its goals of ensuring supply chain
stability and delivering the next-generation automotive and other
critical chip solutions.
“Amkor has more than 40 years of automotive expertise and is
IATF-certified across seven countries around the world,” said Kevin
Engel, Amkor’s executive vice president, Business Units. “Amkor
brings the scale and expertise of its global advanced packaging
footprint to this exciting collaboration. Our partnership with
GlobalFoundries signals our common goal to stabilize a robust and
resilient European automotive supply chain.”
“GF Dresden is Europe’s largest and most advanced semiconductor
manufacturer and Amkor is the only Tier 1 OSAT in Europe,” said Dr.
Manfred Hortsmann, GlobalFoundries’ senior vice president and
general manager European Fabs. “Together, we enable one of the most
robust chip supply chains outside of Asia, creating a more
resilient European supply chain for key end markets including
automotive.”
Amkor’s collaboration with GF represents a significant stride in
the expansion of offerings and overall footprint in Portugal. Amkor
also recently broke ground on a new factory expansion in Porto to
deepen its commitment to supporting local supply chains and global
customers.
About Amkor Technology, Inc.
Amkor Technology, Inc. is the world's largest US headquartered
OSAT (outsourced semiconductor assembly and test) service provider.
Since its founding in 1968, Amkor has pioneered the outsourcing of
IC packaging and test services and is a strategic manufacturing
partner for the world's leading semiconductor companies, foundries,
and electronics OEMs. Amkor provides turnkey manufacturing services
for the communication, automotive and industrial, computing, and
consumer industries, including but not limited to smartphones,
electric vehicles, data centers, artificial intelligence, and
wearables. Amkor's operational base includes production facilities,
research and development centers, and sales and support offices
located in key electronics manufacturing regions in Asia, Europe,
and the United States. For more information, visit amkor.com.
About GlobalFoundries
GlobalFoundries (GF) is one of the world’s leading semiconductor
manufacturers. GF is redefining innovation and semiconductor
manufacturing by developing and delivering feature-rich process
technology solutions that provide leadership performance in
pervasive high growth markets. GF offers a unique mix of design,
development, and fabrication services. With a talented and diverse
workforce and an at-scale manufacturing footprint spanning the
U.S., Europe and Asia, GF is a trusted technology source to its
worldwide customers. For more information, visit www.gf.com.
©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and
other GF marks are trademarks of GlobalFoundries Inc. or its
subsidiaries. All other trademarks are the property of their
respective owners.
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
about supply chain development. You are cautioned not to place
undue reliance on forward-looking statements. All forward-looking
statements in this press release are made based on our current
expectations, forecasts, estimates and assumptions. Because such
statements include risks and uncertainties, actual results may
differ materially from those anticipated in such forward-looking
statements. Risk factors that could affect the outcome of the
events set forth in these statements are discussed in the company’s
reports filed with or furnished to the Securities and Exchange
Commission. All forward-looking statements attributable to us or
persons acting on our behalf are expressly qualified in their
entirety by this cautionary statement. We assume no obligation to
review or update any forward-looking statements to reflect events
or circumstances occurring after the date of this press release
except as may be required by applicable law.
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Amkor Technology, Inc. Investor Relations Jennifer Jue
Vice President, Investor Relations and Finance 480-786-7594
jennifer.jue@amkor.com
Media Relations Christina Parsons Director, Marketing
Communications 480-786-7653 christina.parsons@amkor.com
Social Media: @amkortechnology
GlobalFoundries Jens Drews jens.drews@gf.com +49 172
3552369
Erica McGill erica.mcgill@gf.com 518-795-5240
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