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Partnership to strengthen European automotive supply chain and expand services for global customers

Tempe, AZ, USA – January 16, 2024 — 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, 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.

For additional information and full press release:
Amkor Technology, Inc. | Media Relations | Christina Parsons | christina.parsons@amkor.com
GlobalFoundries | Erica McGill | erica.mcgill@gf.com