Company: AMKR
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001047127-25-000030
Chunk: 16

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1
Chunk 16
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 used for coating produce flue gases.  In addition to byproducts, semiconductor packages have historically contained lead, a naturally occurring element that can be toxic.  The use of lead in our packages has decreased over time due to the use of lead-free alternatives.  The use and storage of chemicals and materials are subject to various laws and regulations governing waste disposal, water discharge, emissions into the atmosphere and employee health and safety.  We make continuous efforts to comply with these environmental laws and regulations, including environmental management systems, safety training for employees and pollution control at our factories.

In the future, we may be subject to changes to existing environmental regulations or new green initiatives required by our customers, investors, governments or other stakeholders.  We do not believe that capital expenditures or other costs attributable to compliance with environmental laws and regulations or green initiatives will have a material adverse effect on our business, liquidity, results of operations, financial condition or cash flows. 

COMPETITION

The outsourced semiconductor packaging and test market is highly competitive, geopolitical trade tensions have increased competition from Chinese firms supporting a China-for-China supply chain.  We face competition from established packaging and test service providers primarily located in Asia, including ASE Technology, JCET Group and Powertech Technology.

Additionally, we compete with contract foundries, such as TSMC, and electronic manufacturing service providers or contract electronics manufacturers, including Universal Scientific Industrial and Luxshare, which offer certain types of advanced packaging.  Our IDM customers also evaluate our services and scale against their own in-house capabilities.  

The key competitive factors in the outsourced semiconductor packaging and test services market are:

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•Advanced packaging technology•Geographic location of services•Manufacturing scale and expertise•Customer co-development and innovation •Investment in new technology and capacity•Quality and reliability•Price•Cycle time

We believe we are competitive in these areas.

INTELLECTUAL PROPERTY

We maintain an active program to protect and derive value from our investment in technology and the associated intellectual property rights.  Intellectual property rights that apply to our various products and services include patents, copyrights, trade secrets and trademarks.  We have filed and obtained a number of patents in the U.S. and other countries, and their durations vary depending on the jurisdiction in which each patent is filed.  Although our patents are an important element of our intellectual property strategy, we are not materially dependent on any one patent or any one technology.  We expect to continue to file patent applications when appropriate to protect our proprietary technologies, but we cannot provide