Outlook Is Strong for Second Half of Year
biz.yahoo.com
>>...Amkor Technology, Inc. (Nasdaq: AMKR - news), the world's largest provider of contract semiconductor packaging and test services, cited strengthening demand and a strong second half outlook in reporting financial results for the second quarter ended June 30, 1999....
>>...''We believe the second quarter marked a turning point in the cycle and represents a springboard for what we expect will be sharply improved performance in the second half of the year,'' said John Boruch, Amkor's President. ''The growth drivers in our business have finally begun to assert themselves. We are seeing much stronger demand in our core packaging and test business, especially in our advanced leadframe and laminate packages that support rapidly growing communications applications.'' ...<<
Tight market for wafers:
>>''We are aggressively expanding capacity in several of our advanced product lines in order to accommodate strong customer demand, which we expect will continue into next year,'' said Mr. Boruch. ''Customer die support has been very firm, and despite the tight market for wafer supply, we are optimistic that our customers will continue to have access to wafers.''
''Anam's wafer fab was operating at full capacity of approximately 17,000 wafer starts per month during the second quarter. Wafer fab sales reflected continued strong demand from Texas Instruments for digital signal processor wafers. We have several additional customers who recognize the leading-edge technology available at Anam Semiconductor Inc.'s fab and for whom Anam will be supplying wafers during the third quarter,'' added Mr. Boruch....<< |
