Company: AMKR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001047127-25-000190
Chunk: 200

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 200
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 failures of third-party provider systems, computer viruses, attacks by computer hackers, ransomware attacks, telecommunication failures, user errors, malfeasance or catastrophic events.  Such events have occurred in the past and may occur in the future.  Cybersecurity breaches could result in unauthorized disclosure of confidential information and/or disruptions to our operations.  While we have not experienced a material information security breach, we cannot be sure that such a breach will not occur in the future.  The information technology systems in our factories are at varying levels of sophistication and maturity as the factories have different sets of products, processes and customer expectations.  Some of our key software has been developed by our own programmers, and this software may not be easily integrated with other software and systems.  From time to time, we make additions or changes to our information technology systems.  For example, we continue to further integrate information technology systems in our facilities in Japan into our existing systems and processes.  We face risks in connection with current and future projects to install or integrate new information technology systems or upgrade our existing systems.  These risks include:

•delays in the design and implementation of the system;

•costs may exceed our plans and expectations; and

•disruptions resulting from the implementation, integration or cybersecurity breach of the systems may impact our ability to process transactions and delay shipments to customers, impact our results of operations or financial condition or harm our control environment.

Our business could be materially and adversely affected if our information technology systems are disrupted or if we are unable to successfully install new systems or improve, upgrade, integrate or expand upon our existing systems.  We maintain insurance policies for various types of information security risks, including network security and privacy liability for third party claims, and business interruption and system failure reimbursement coverage, but we do not carry insurance for all the above referred risks.  With regard to the insurance we do maintain, we cannot assure you that it would be sufficient to cover all of our potential losses.  As a result, our business, financial condition, results of operations and cash flows could be materially and adversely affected by a disruption, failure or breach of our information technology systems.

Risks Related to Our Indebtedness

Covenants in the indentures and agreements governing our current and future indebtedness could restrict our operating flexibility.

The indentures and agreements governing our existing debt contain, and debt we incur in the future may contain, affirmative and negative covenants that materially limit our ability to take certain actions, including our ability to incur debt,