Company: AMKR
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001047127-25-000087
Chunk: 4

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 3
Chunk 4
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 of this Form 10-Q under the caption “Risk Factors” (in addition to those discussed under this “Summary of Risk Factors” section) in considering our business and prospects.  The following is a list of some of these risks: 

Risks Related to Our Business, Operations and Industry

•dependence on the cyclical and volatile semiconductor industry and vulnerability to industry downturns and declines in global economic and financial conditions;

•changes in costs, quality, availability and delivery times of raw materials, components and equipment;

•fluctuations in operating results and cash flows;

•competition with established competitors in the packaging and test business, the internal capabilities of integrated device manufacturers (“IDMs”), and new competitors, including foundries and contract manufacturers; 

•our substantial investments in equipment and facilities to support the demand of our customers;

•warranty claims, product return and liability risks, and the risk of negative publicity if our products fail, as well as the risk of litigation incident to our business;

•difficulty achieving the relatively high-capacity utilization rates necessary to realize satisfactory gross margins given our high percentage of fixed costs;

•our absence of backlog and the short-term nature of our customers’ commitments;

•the historical downward pressure on the prices of our packaging and test services;

•fluctuations in our manufacturing yields;

•a downturn or lower sales to customers in the automotive industry;

•dependence on key customers or concentration of customers in certain end markets, such as mobile communications and automotive;

•difficulty funding our liquidity needs; and

•challenges with integrating diverse operations.

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Risks Related to Our International Sales and Operations

•dependence on international factories and operations, and risks relating to trade restrictions and regional conflict, including restrictive trade barriers, export controls, tariffs, customs and duties.

Risks Related to Cybersecurity, Data Privacy and Intellectual Property

•our ability to develop new proprietary technology, protect our proprietary technology, operate without infringing the proprietary rights of others, and implement new technologies; and

•our continuing development and implementation of changes to, and maintenance and security of, our information technology systems.

Risks Related to Our Indebtedness

•restrictive covenants in the indentures and agreements governing our current and future indebtedness;

•our substantial indebtedness; and

•fluctuations in interest rates and changes in credit risk. 

Risks Related to Our Common Stock

•the ability of certain of our stockholders to effectively determine or substantially influence the outcome of matters requiring stockholder approval; and