• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: Amkor Technology Inc. Nov 11 Product Image

Summary: Amkor Technology Inc. Nov 11

  • ID: 2026970
  • November 2011
  • Standard & Poors

Abstract
The rating on Chandler, Ariz.-based Amkor Technology Inc. reflects Standard & Poor's Ratings Services' expectation that the semiconductor packaging and test provider will preserve its significant financial profile and competitive position through the typical industry cycle. The semiconductor industry is experiencing a decline from its cyclical peak, and we believe Amkor's operations will be more volatile than the broader semiconductor industry. We anticipate that the company's revenue in the first half of 2012 will decline by a high-single-digit percentage on a year-over-year basis. Additionally, we expect the company to moderate expenses and to experience higher input costs, pricing erosion, and high operating leverage that likely will lead to lower operating margins. As such, we expect debt-to-EBITDA to increase in the...

Companies mentioned in this report are: Amkor Technology Inc.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine READ MORE >

Note: Product cover images may vary from those shown

Amkor Technology Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS