Risk Sleuth
AMKR · 10-K filed 20 Feb 2026 · year to 31 Dec 2025

Amkor Technology

29 named things its latest annual report says its results depend on, each in the company's own words. 21 of them are also named by other companies we've read.

Customers

Ten largest customers

concentrated in · 72% of our net salesnamed as a risk
Our ten largest customers accounted for, in the aggregate, 72% of our net sales for the year ended December 31, 2025.Risk factors (Item 1A)

Also named by CAG, MCK, MOD, MRVL, PWR, SANM, USAC

Automotive industry

earns from · 19%named as a risk
A significant portion of our sales is to customers within the automotive industry.Risk factors (Item 1A)

Also named by CGNX, CLH, ESI, GGG, GNTX

Apple

earns from · 29.8% of our net sales
Direct sales to Apple and Qualcomm accounted for 29.8% and 11.1% of our net sales, respectively, for the year ended December 31, 2025.Business (Item 1)

Also named by ABNB, BBY, BKNG, CDW, GLW, INTC, META, NYT and 5 more

Qualcomm

earns from · 11.1% of our net sales
Direct sales to Apple and Qualcomm accounted for 29.8% and 11.1% of our net sales, respectively, for the year ended December 31, 2025.Business (Item 1)

Also named by FTNT, SWKS

Other companies

Communications end market (smartphones, tablets)

concentrated in · 46%named as a risk
Communications (smartphones, tablets) 46% 48% 50%Business (Item 1)

Also named by ADI

Competitors

ASE Technology

competes withnamed as a risk
We face competition from established packaging and test service providers primarily located in Asia, including ASE Technology, JCET Group and Powertech Technology.Business (Item 1)

JCET Group

competes withnamed as a risk
We face competition from established packaging and test service providers primarily located in Asia, including ASE Technology, JCET Group and Powertech Technology.Business (Item 1)

Powertech Technology

competes withnamed as a risk
We face competition from established packaging and test service providers primarily located in Asia, including ASE Technology, JCET Group and Powertech Technology.Business (Item 1)

Places

China

operates innamed as a risk
Many of these factors and risks are present and may be heightened within our business operations in China.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Japan

operates innamed as a risk
For example, in April 2016, our Kumamoto factory was damaged by earthquakes in Japan.Risk factors (Item 1A)

Also named by A, AAPL, AFL, ANET, BMY, BSX, CAT, CDNS and 25 more

Vietnam

operates innamed as a risk
While manufacturing has begun at the Vietnam Facility and construction has begun on our Arizona Facility, there can be no assurance that the actual scope, costs or benefits of these projects will be consistent with our current expectations.Risk factors (Item 1A)

Also named by AAPL, ANET, ASO, BBW, CGNX, CIEN, CROX, CSW and 16 more

Arizona

operates innamed as a risk
We began delivering advanced packages from the Vietnam Facility in the third quarter of 2024, and we began construction of our Arizona Facility in the second half of 2025.Risk factors (Item 1A)

Also named by ABR, AXON, BBSI, BRK/B, DJCO, ELS, ENSG, GDDY and 5 more

Korea

operates innamed as a risk
We also have significant facilities and other investments in Korea, and there have been heightened security concerns in recent years stemming from North Korea’s nuclear weapon and long-range missile programs as well as its military actions in the region.Risk factors (Item 1A)

Also named by GM, LRCX

Hazards

Earthquakes

operates innamed as a risk
As a result of these earthquakes, our sales were reduced due to the temporary disruption in operations, and we incurred earthquake-related costs for damaged inventory, buildings and equipment.Risk factors (Item 1A)

Also named by AAPL, AN, ANET, APP, BRO, CDNS, CEG, CGNX and 37 more

Commodities and inputs

Japanese yen

exposed to its price · approximately 90% of our net sales were denominated in U.S. dollarsnamed as a risk
Our remaining net sales were principally denominated in Japanese yen.Market risk (Item 7A)

Also named by ABBV, ABT, ACN, ADBE, ALK, AMAT, BMY, COO and 24 more

Asian currencies

exposed to its price · approximately $163 million lowernamed as a risk
Assuming that all foreign currencies appreciated 10% against the U.S. dollar, our operating income for the year ended December 31, 2025 would have been approximately $163 million lower.Market risk (Item 7A)

Copper

exposed to its pricenamed as a risk
•inflation, including wage inflation, and fluctuations in commodity prices, including gold, silver, copper and other precious metals;Risk factors (Item 1A)

Also named by AAON, AGX, APG, APH, APLD, BMI, BWA, CARR and 58 more

Gold

exposed to its pricenamed as a risk
We are a large buyer of gold and other commodity materials, including substrates and copper.Risk factors (Item 1A)

Also named by APH, BLK, CDE, DC, EZPW, FCFS, FCX, HL and 10 more

Laminate substrates

depends onnamed as a risk
We source most of our materials, including critical materials such as leadframes, laminate substrates and gold wire, from a limited group of suppliers.Risk factors (Item 1A)

Leadframes

depends onnamed as a risk
We obtain the materials required for packaging services from various suppliers and source most of our materials, including critical materials such as leadframes, laminate substrates and bonding wires, from a limited group of suppliers.Business (Item 1)

Regulators

U.S. Department of Commerce

subject tonamed as a risk
The award arrangements provide the Commerce Department with rights to audit our compliance with their terms and obligations, and such audits could result in modifications to, or termination of, the award.Risk factors (Item 1A)

Also named by AIR, ALAB, AXON, DELL, DLTR, ENTG, FSLR, INTC and 9 more

Laws and programs

U.S. CHIPS and Science Act

subject to · up to $407 million in direct fundingnamed as a risk
In December 2024, the Commerce Department awarded us up to $407 million in direct funding pursuant to the CHIPS Act for the Arizona Facility.Risk factors (Item 1A)

Also named by AVGO, COHR, ENTG, J

U.S. tariffs

subject tonamed as a risk
Imposed tariffs may affect end-user demand in each geography where our customers sell their products and services, which may materially and adversely affect demand for our services, our operating results and our financial condition.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

One Big Beautiful Bill Act

subject tonamed as a risk
On July 4, 2025, the One Big Beautiful Bill Act (the “OBBBA”) was enacted in the United States, which includes significant provisions such as modifications to the international tax framework and the investment tax credit rate under the CHIPS Act, and restoration of tax treatment for certain business provisions.Risk factors (Item 1A)

Also named by AA, ABR, ADI, ADM, ALB, AMAT, AMGN, AMRC and 121 more

U.S. Bureau of Industry and Security export controls (BIS Regulations)

subject tonamed as a risk
These expanded export restrictions limit our ability to sell to certain Chinese companies and to third parties that do business with those companies.Risk factors (Item 1A)

Also named by CGNX, IOT

EU Restriction of Hazardous Substances Directive (RoHS)

subject tonamed as a risk
The European Union’s Restriction of Hazardous Substances in Electrical and Electronic Equipment directive and similar laws in other jurisdictions, including China, impose strict restrictions on the placement into the market of electrical and electronic equipment containing lead and certain other hazardous substances.Risk factors (Item 1A)

Also named by MRVL, VRT

SEC conflict minerals rules

subject tonamed as a risk
SEC rules and related industry initiatives require diligence and disclosure regarding the use of certain minerals originating from the conflict zones of the Democratic Republic of Congo and adjoining countries.Risk factors (Item 1A)

Also named by AVAV

OECD Pillar Two Model Rules

subject tonamed as a risk
Some countries we operate in have enacted laws based on the Pillar Two Model Rules, which has adversely affected our effective tax rate, expected tax payments and conditional reduced tax rates.Risk factors (Item 1A)

Technology

Advanced system-in-package modules

earns from · approximately $3,080 million
In 2025, 2024 and 2023, we had net sales of approximately $3,080 million, $3,085 million and $2,955 million, respectively, from our advanced SiP modules, which are mostly included in Advanced Products, depending upon the interconnect technology used in the module.Business (Item 1)