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Stock impact report

Infineon and Amkor Deepen Partnership and Strengthen European Supply Chain for Semiconductor Solutions

Amkor Technology, Inc. (AMKR) 
Last amkor technology, inc. earnings: 4/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: amkortech.gcs-web.com/investor-relations
Company Research Source: Business Wire
MUNICH & TEMPE, Ariz. & PORTO, Portugal--(BUSINESS WIRE)--Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a leader in power systems and IoT, is strengthening its outsourced backend manufacturing footprint in Europe and announced a multi-year partnership with Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services. Both companies have agreed on operating a dedicated packaging and test center at Amkor’s manufacturing site in Porto. Operations are expected to commence in the first half of 2025.With this long-term agreement, Infineon and Amkor further strengthen their partnership, extending the classical outsourced semiconductor assembly and test (OSAT) business model. Amkor will expand its facilities in Porto and run the production line, providing dedicated clean room space, and Infineon will provide an onsite team with engineering and development support. The cooperation further strengthens the European semiconductor supply chain an Show less Read more
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