Jun 20, 2023 /SemiMedia/ -- According to reports, Amkor is expanding its market share in the semiconductor packaging industry in an increasingly competitive market. Amkor plans to open a factory in Vietnam in September and plans to start mass production in the fourth quarter.

"Amkor is building semiconductor packaging and testing facilities in Vietnam with the aim of developing Vietnam into a semiconductor back-end process center," said Ji JongRip, president of Amkor Korea.

With the rapid development of electric vehicles and future mobile devices, Amkor focuses on automotive semiconductor packaging. In addition, Amkor plans to invest $800 million this year in new equipment and technology for high-tech packaging production to ensure sustainable growth and competitiveness.

"We invest aggressively, strive to develop cutting-edge technologies, and become the world's top automotive semiconductor OSAT company," Amkor management said.