Amkor Technology, Inc. · NASDAQ:AMKR
Amkor Technology — Investor Presentation (February 2006)
21 slides from Amkor Technology's investor presentation, February 2006
Slide 1: Amkor Technology, Inc. Leadership in Semiconductor Assembly and Test
Amkor Technology, Inc. Leadership in Semiconductor Assembly and Test Enabling a Microelectronic World® Q4 2005
Slide 2: Safe Harbor Disclaimer
Safe Harbor Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect the company’s results is detailed in Amkor’s filings with the
Slide 3: Amkor's Business
Amkor’s Business We enable semiconductor technology . . . . . . To reach the system™ © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 4: Semiconductors: A Growth Industry
Semiconductors: A Growth Industry ’06 to ’08 Outlook: Solid Growth © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 5: Key Business Drivers: Shrinking IC feature size
Key Business Drivers: IC Wafer Capacity (in microns) <0.12 0.13 - 0.15 0.18 0.25 0.35 0.5 >0.7 100% 80% 60% 40% 20% 0% 2004 2005 2006 Shrinking IC feature size Source: IC Insights © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 6: Key Business Drivers: Increased silicon integration
Key Business Drivers: “The cell phone is becoming a personal window into an evolving blend of communications, computing and media.” NY Times May 2005 Increased silicon integration © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 7: Key Business Drivers: Application specific packaging
Key Business Drivers: Flip Chip System-in-Package Die Stacking Package Stacking MLF® / QFN Application specific packaging Wafer Level CSP © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 8: Key Business Drivers: Foundry growth
Key Business Drivers: % of total IC’s Sales ($millions) 15% 60 50 12% 40 9% 30 6% 20 3% 10 0% 0 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 Source: IC Insights Foundry growth © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 9: What Does This Mean?
What Does This Mean? • Shrinking IC feature size Driving • Increased silicon integration advanced OSAT • Application specific packaging packaging • Semiconductor industry growth Driving unit • Growing use of foundries growth OSAT unit growth should continue to outpace the semiconductor industry © 20
Slide 10: OSAT: Evolving Up the Value Chain
OSAT: Evolving Up the Value Chain Value Strategic Strategic Partnership Partnership Key Technology Key Outsource Outsource Design Supplier Supplier Characterization Bump Design Design Probe Capabilities Capabilities Assembly Test Supply Chain Mgt Advanced Advanced Packaging Packaging Overflow Overfl
Slide 11: The Amkor Solution
The Amkor Solution: • Turnkey package design, assembly & test capabilities • Technology, product and service leadership • Cost effective, high volume manufacturing • Complete solutions for supply chain management • Extensive R&D effort • Global customer support © 2006 Amkor Technology, Inc. Amkor Pr
Slide 12: Our Toolbox
Our Toolbox IC Package Design Test Development The industry’s broadest Wafer Bump portfolio of Wafer Probe design, assembly Assembly & test Test technology Tape & Reel Finished Goods Inventory Management © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 13: Strategically Positioned
Strategically Positioned Korea Korea U.S. U.S. R&D Japan Japan Assembly & Test Corporate HQ Wafer Bumping Assembly & Test for R&D Wafer Level Packaging Local Companies Package Design Test Development Taiwan Taiwan Assembly & Test Wafer Bumping China China Assembly & Test Philippines Philippines Sing
Slide 14: Amkor Design Strategically Located
Amkor Design Strategically Located Engineering & Design Design Chandler, AZ Korea Japan Raleigh Shanghai San Diego Taiwan Philippines Design Chain Management EDA Support Training / Education Package Design / Characterization © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06
Slide 15: Solutions for a Microelectronic World
Solutions for a Microelectronic World Package / Process Device System Application End Market Chip scale Memory; ASICs; Storage; Controllers; Cellular; Servers; packages FPGAs; Logic Baseband; Power mgt. Consumer electronics Micro LeadFrame® RF; Analog; RFPAs; 802.11; Cellular; Digital cameras; Logic
Slide 16: Amkor Annual Revenue
Amkor Annual Revenue $ millions 2,100 1,400 700 0 ' 90 ' 95 ' 00 ' 05 © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 17: Quarterly Revenue
Quarterly Revenue Q1 guidance @ Feb. 8: $ millions down 3% to 5% 700 Q1 is typically down 600 500 400 300 200 100 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 E 2001 2002 2003 2004 2005 2001 2002 © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 18: Improving Gross Margin
Improving Gross Margin 25% 20% 15% 10% 5% 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2003 2004 2005 © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
Slide 19: What's Fueling Our Growth
What’s Fueling Our Growth • Unitive acquisition IBM strategic alliance • Key design wins for gaming & wireless applications • Ongoing trend toward more integration at package level • Major growth areas – Wafer bump / wafer level packaging – Wafer probe – MicroLeadFrame® – Flip Chip – 3D packaging: s
Slide 20: Environment Ripe for Multi-Year OSAT Upturn
Environment Ripe for Multi-Year OSAT Upturn • Limited expansion of wafer fab capacity • Limited expansion of assembly & test capacity – IDM’s generally not investing in back-end – OSAT companies restricting their investment • OSAT is growing faster than overall semi industry • Reasonable expectation
Slide 21: Summary
Summary • 36 Years of Assembly and Test Leadership • The Technology Leader • World Class Operations • Strong Commitment to R&D • Investing for our Customers • Strong & Focused Management Team © 2006 Amkor Technology, Inc. Amkor Proprietary Business Information Feb-06, JLUTH
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