About Amkor
Amkor is a leading provider of semiconductor packaging and test services to semiconductor companies and electronics OEMs. More information about Amkor is available from the company's filings with the Securities and Exchange Commission and at Amkor's website: www.amkor.com.
AMKOR TECHNOLOGY, INC.
Selected Operating Data
Since the fourth quarter 2013, we have reported net sales data by the following categories: advanced products and mainstream products. We have also provided quarterly and annual net sales and packaged units for 2012 and 2013 under these revised net sales reporting categories at the Investor Relations section of our website at www.amkor.com.
| Q3 2014 | Q2 2014 | Q3 2013 | |||||||||||||
| Net Sales Data: | |||||||||||||||
| Net sales (in millions): | |||||||||||||||
| Advanced products* | $ | 411 | $ | 364 | $ | 349 | |||||||||
| Mainstream products** | 402 | 403 | 419 | ||||||||||||
| Total net sales | $ | 813 | $ | 767 | $ | 768 | |||||||||
| Packaging services | 86 | % | 86 | % | 85 | % | |||||||||
| Test services | 14 | % | 14 | % | 15 | % | |||||||||
| Net sales from top ten customers | 60 | % | 58 | % | 63 | % | |||||||||
| Packaged units (in millions): | |||||||||||||||
| Advanced products* | 1,012 | 910 | 746 | ||||||||||||
| Mainstream products** | 3,545 | 3,379 | 3,101 | ||||||||||||
| Total packaged units | 4,557 | 4,289 | 3,847 | ||||||||||||
| End Market Distribution Data (an approximation including representative devices and applications based on a sampling of our largest customers) : | |||||||||||||||
| Communications (smart phones, tablets, handheld devices, wireless LAN) | 56 | % | 53 | % | 53 | % | |||||||||
| Consumer (television, set top boxes, gaming, portable media, digital cameras) | 13 | % | 15 | % | 15 | % | |||||||||
| Automotive, industrial and other (infotainment, safety, performance, comfort) | 11 | % | 12 | % | 10 | % | |||||||||
| Networking (servers, routers, switches) | 11 | % | 11 | % | 11 | % | |||||||||
| Computing (PCs, hard disk drive, printers, peripherals, servers) | 9 | % | 9 | % | 11 | % | |||||||||
| Total | 100 | % | 100 | % | 100 | % | |||||||||
| Gross Margin Data: | |||||||||||||||
| Net sales | 100.0 | % | 100.0 | % | 100.0 | % | |||||||||
| Cost of sales: | |||||||||||||||
| Materials | 37.5 | % | 37.2 | % | 39.0 | % | |||||||||
| Labor | 14.1 | % | 14.0 | % | 14.1 | % | |||||||||
| Other manufacturing | 29.6 | % | 29.2 | % | 27.2 | % | |||||||||
| Loss contingency | — | % | — | % | 1.3 | % | |||||||||
| Gross margin | 18.8 | % | 19.6 | % | 18.4 | % | |||||||||
| Earnings per Share Data: | |||||||||||||||
| Net income attributable to Amkor - basic | $ | 47 | $ | 50 | $ | 25 | |||||||||
| Adjustment for dilutive securities on net income: | |||||||||||||||
| Interest on 6.0% convertible notes due 2014, net of tax | — | — | 1 | ||||||||||||
| Net income attributable to Amkor - diluted | $ | 47 | $ | 50 | $ | 26 | |||||||||
| Weighted average shares outstanding - basic | 236 | 233 | 216 | ||||||||||||
| Effect of dilutive securities: | |||||||||||||||
| Stock options | 1 | 1 | — | ||||||||||||
| 6.0% convertible notes due 2014 | — | 3 | 19 | ||||||||||||
| Weighted average shares outstanding - diluted | 237 | 237 | 235 | ||||||||||||
| Net income attributable to Amkor per common share: | |||||||||||||||
| Basic | $ | 0.20 | $ | 0.21 | $ | 0.12 | |||||||||
| Diluted | $ | 0.20 | $ | 0.21 | $ | 0.11 | |||||||||
