Press Releases

First Quarter Highlights

• 净销售额 $1,025 million，同比增长14％
• Net income $10 million, earnings per diluted share $0.04
• EBITDA $175 million, up 17% year-on-year

坦佩，ariz。——(业务线)——4月。26日,2018年, 狗万注册地址剧本技术, Inc.（纳斯达克：AMKR）是半导体包装和测试服务的领先供应商，今天宣布了第一季度狗万滚球官网的财务业绩 2018年3月31日。

"First quarter results were in line with expectations, with sales up 14% year-on-year," said 史蒂夫凯利, 安克尔的president and chief executive officer. "We benefited from our strategic focus on balanced revenue growth across end markets and regions. Increased participation in all major smartphone ecosystems, together with gains in computing and automotive, were the key growth drivers in Q1 2018."

结果			Q1 2018		Q4 2017		Q1 2017
			($ in millions, except per share data)
净销售额			$1,025		$1,150		899美元
Gross margin			15.4%		19.5％		15.1%
Net income (loss) attributable to Amkor1			$10		100美元		（15美元）
每个摊薄股份的收益1			$0.04		$0.42		($0.06)
EBITDA1,2			$175		254美元		149美元

1) Q4 2017 net income includes an estimated one-time net tax benefit of $42 million, or $0.17per diluted share, primarily due to the reversal of a valuation allowance on certain U.S. deferred tax assets related to U.S. tax reform.
2）EBITDA是非GAAP测量。对可比GAAP测量的对帐包括在“选定的操作数据”下包括下面。

"Operating margin, net income and EBITDA all showed solid gains year-on-year," said Megan Faust，Amkor公司副总裁兼首席财务官。“尽管健康的销售增长，盈利能力改善，尽管将于2017年第1季度将120个BPS对毛利率的不利外汇影响较为不利。”

现金及现金等价物were $495 million总债务是 13亿美元, at 2018年3月31日。

New Accounting Standards

有效的 January 1, 2018，我们采用会计标准更新（ASU）2014-09号，与客户合同的收入（主题606），utilizing the full retrospective transition method. The prior periods presented here have been revised to reflect this change.

商业前景

"We expect second quarter 2018 revenues to be around 10.3亿美元, up 2% year-on-year," said Kelley. "The smartphone market is expected to remain somewhat muted in Q2, while demand in our other end markets is solid."

2018年第二季度展望（除非另有说明）：

• 净销售 9.9亿美元至107亿美元
• Gross margin of 14% to 16%
• 净损失 $4 million净收入2400万美元，或 ($0.02)到 $0.10per diluted share
• Full year capital expenditures of approximately $600 million

Conference Call Information

一个mkorwill conduct a conference call on Thursday, April 26, 2018, at 5:00 p.m. Eastern Time。此呼叫可能包括未包含在此新闻稿中的材料信息。此调用正在访问，可以访问 安克尔的website:www.www.changhe-china.com.。You may also access the call by dialing 1-877-645-6380 or 1-404-991-3911. A replay of the call will be made available at 安克尔的website or by dialing 1-855-859-2056 or 1-404-537-3406 (conference ID 2471407). The webcast is also being distributed over NASDAQ OMX's investor distribution network to both institutional and individual investors. Institutional investors can access the call via NASDAQ OMX's password-protected event management site, Street Events (www.streetevents.com).

一个bout 狗万注册地址剧本技术, Inc.

狗万注册地址剧本技术, Inc.is one of the world’s largest providers of outsourced semiconductor packaging and test services. Founded in 1968, 一个mkor开创了IC包装和考验的外包，现在是世界领先的半导体公司，铸造厂和电子OEM的250多家战略制造合作伙伴。狗万滚球官网Amkor的运营基地包括位于关键电子制造地区的生产设施，产品开发中心和销售和支持办事处 一个sia, Europeand the USA。有关更多信息，请访问www.www.changhe-china.com.。

一个MKOR TECHNOLOGY, INC. 选择的操作数据
			Q1 2018				Q4 2017				Q1 2017
Net Sales Data:
净销售额（数百万）:
高级产品*			$	476			$	582			$	376.
Mainstream products**			549				568				523
总净销售额			$	1,025			$	1,150			$	899
Packaging services			81.		%		82.		%		82.		%
测试服务			19		%		18		%		18		%
来自十大客户的净销售额			69.		%		67.		%		66.		%
最终市场数据：
通讯（智能手机，平板电脑，手持设备）			42.		%		48.		%		37.		%
一个utomotive, industrial and other (driver assist, infotainment, safety, performance)			26		%		23		%		29		%
Computing (datacenter, infrastructure, PC/laptop, storage)			19		%		17		%		20		%
Consumer (set-top boxes, televisions, connected home, personal electronics, visual imaging)			13		%		12		%		14		%
全部的			100		%		100		%		100		%
毛利率数据：
净销售额			100.0		%		100.0		%		100.0		%
销售成本：
Materials			36.9		%		37.5		%		35.6		%
Labor			17.5		%		14.6		%		16.6		%
Other manufacturing			30.2		%		28.4		%		32.7		%
Gross margin			15.4		%		19.5		%		15.1		%

* Advanced products include flip chip and wafer-level processing and related test services
** Mainstream products include wirebond packaging and related test services

In the press release above we provide EBITDA, which is not defined by U.S. GAAP. We define EBITDA as net income before interest expense, income tax expense and depreciation and amortization. We believe EBITDA to be relevant and useful information to our investors because it provides additional information in assessing our financial operating results. Our management uses EBITDA in evaluating our operating performance, our ability to service debt and our ability to fund capital expenditures. However, EBITDA has certain limitations in that it does not reflect the impact of certain expenses on our consolidated statements of income, including interest expense, which is a necessary element of our costs because we have borrowed money in order to finance our operations, income tax expense, which is a necessary element of our costs because taxes are imposed by law, and depreciation and amortization, which is a necessary element of our costs because we use capital assets to generate income. EBITDA should be considered in addition to, and not as a substitute for, or superior to, operating income, net income or other measures of financial performance prepared in accordance with U.S. GAAP. Furthermore our definition of EBITDA may not be comparable to similarly titled measures reported by other companies. Below is our reconciliation of EBITDA to U.S. GAAP net income.

Non-GAAP Financial Measure Reconciliation:
			Q1 2018				Q4 2017				Q1 2017
			（数百万）
EBITDA Data:
Net income			$	10			$	101			$	(14	)
Plus: Interest expense			20				20				22
Plus: Income tax expense (benefit)			2				(14		)		(1		)
加：折旧和摊销			143.				147.				142.
EBITDA			$	175.			$	254.			$	149.

一个MKOR TECHNOLOGY, INC. CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
			For the Three Months Ended March 31,
			2018				2017
			（成千上万，除了每股数据除外）
净销售额			$	1,025,319			$	899,284
Cost of sales			867,548				763,050
Gross profit			157,771.				136,234
Selling, general and administrative			80,723				76,282
研究与开发			40,929				41,568
全部的operating expenses			121,652				117,850
营业收入			36,119				18,384
利息花费			20,011				21,254
利息花费, related party			—				1,242
Other (income) expense, net			3,432				11,181
总其他费用，网			23,443				33,677
Income (loss) before taxes			12,676				（15,293		)
Income tax expense (benefit)			2,481				(1,325		)
Net income (loss)			10,195				(13,968		)
归属于非控股利益的净收入			(651		)		（818.		)
Net income (loss) attributable to Amkor			$	9,544			$	(14,786	)
税收（亏损）归因于每股常见份额：
基本的			$	0.04			$	（0.06	)
Diluted			$	0.04			$	（0.06	)
Shares used in computing per common share amounts:
基本的			239,214				238,685
Diluted			239,816				238,685

一个MKOR TECHNOLOGY, INC. CONSOLIDATED BALANCE SHEETS (Unaudited)
			March 31, 2018				December 31, 2017
			（成千上万）
一个SSETS
Current assets:
现金及现金等价物			$	495,183			$	596,364
Restricted cash			2,000				2,000
一个ccounts receivable, net of allowances			734,953				798,264
Inventories			228,611				213,649
Other current assets			30,837				33,727
全部的current assets			1,491,584				1,644,004
Property, plant and equipment, net			2,727,878				2,695,065
Goodwill			26,546				25,036
Restricted cash			3,661				4,487
Other assets			142,041				139,796.
总资产			$	4,391,710			$	4,508,388
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings and current portion of long-term debt			$	105,451			$	123,848
Trade accounts payable			527,910				569,085
Capital expenditures payable			223,312				294,258
一个ccrued expenses			311,408				330,868
全部的current liabilities			1,168,081				1,318,059
Long-term debt			1,240,141				1,240,581
Pension and severance obligations			191,180				182,216
其他非流动负债			45,234				47,823
全部的liabilities			2,644,636				2,788,679
股东权益：
首选股票			—				—
Common stock			285.				285.
资本的额外支付			1,905,666				1,903,357
一个ccumulated deficit			(4,359		)		(13,903		)
一个ccumulated other comprehensive income (loss)			37.,571				22,519.
Treasury stock			（216,038.		)		(215,982		)
全部的一个mkor stockholders’ equity			1,723,125				1,696,276
Non-controlling interests in subsidiaries			23,949				23,433
全部的equity			1,747,074				1,719,709
总负债和股权			$	4,391,710			$	4,508,388

一个MKOR TECHNOLOGY, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
			For the Three Months Ended March 31,
			2018				2017
			（成千上万）
经营活动中的现金流量：
Net income (loss)			$	10,195			$	(13,968	)
Depreciation and amortization			142,509				141,816
其他经营活动和非现金项目			（4,734.		)		(9,653		)
Changes in assets and liabilities			(339		)		(15,518		)
经营活动提供的净现金			147.,631				102,677.
Cash flows from investing activities:
财产，植物和设备的付款			（230,603		)		（88,285.		)
Proceeds from sale of property, plant and equipment			342				1,835
其他投资活动			656				(2,492		)
Net cash used in investing activities			(229,605		)		（88,942		)
来自融资活动的现金流量：
Proceeds from short-term debt			—				13,275
Payments of short-term debt			(17,352		)		(14,073		)
从签发长期债务的收益			—				50,000.
支付长期债务			（6,220		)		(3,295		)
支付购买设施的延期考虑			—				(3,890		)
Payments of capital lease obligations			（808.		)		（913.		)
Other financing activities			455				(356		)
Net cash provided by (used in) financing activities			(23,925		)		40,748
汇率波动对现金，现金等价物和限制现金的影响			3,892				10,259
净增加（减少）现金，现金等价物和限制现金			(102,007		)		64,742
现金，现金等价物和限制现金，期初			602,851				555,495
现金，现金等价物和限制现金，期末			$	500,844			$	620,237

Forward-Looking Statement Disclaimer

此新闻稿包含联邦证券法的含义中的前瞻性陈述。历史事实陈述以外的所有陈述被视为前瞻性陈述，包括在上面的“业务前景”下的所有陈述。这些前瞻性陈述涉及可能影响未来结果的许多风险，不确定性，假设和其他因素，并导致实际结果和事件从历史和预期结果和前瞻性陈述中表达或暗示的那些，包括，但不限于以下内容：

• the highly unpredictable nature, cyclicality, and rate of growth of the semiconductor industry;
• 相对于生产时间和数量的订单capacity and the inability to achieve high capacity utilization rates, control costs and improve profitability;
• laws, rules, regulations and policies imposed by U.S. or foreign governments in areas such as tariffs, customs, duties and other restrictive trade barriers, national security, data privacy and cybersecurity, antitrust and competition, tax, currency and banking, privacy, labor, environmental, health and safety;
• laws, rules, regulations and policies within 中国和其他可能有利于国内公司过度非国内公司的国家，包括客户或政府支持促进当地竞争对手的发展和增长的努力;
• volatility of consumer demand, double booking by customers and deterioration in forecasts from our customers for products incorporating our semiconductor packages, including any slowdown in demand or changes in customer forecasts for smartphones or other mobile devices and generally soft end market demand for electronic devices;
• 延迟，降低与晶片有关的制造产量和供应限制，特别是对于高级节点和相关技术;
• 依赖关键客户，我们市场份额和价格的影响对这些客户的业务和经营和财务状况的影响;
• the performance of our business, economic and market conditions, the cash needs and investment opportunities for the business, the need for additional capacity and facilities to service customer demand and the availability of cash flow from operations or financing;
• 全球经济对信贷市场，金融机构，客户，供应商和消费者的影响，包括不确定的宏观经济环境;
• 诉讼和其他法律活动的高度不可预测的性质和成本以及诸如此问题的不利成果的风险以及其他法律诉讼的影响;
• changes in tax rates and taxes as a result of changes in U.S. or foreign tax law or the interpretations thereof (including the impact of recent U.S. tax reform), changes in our organizational structure, changes in the jurisdictions in which our income is determined to be earned and taxed, the outcome of tax reviews, audits and ruling requests, our ability to realize deferred tax assets and the expiration of tax holidays;
• 我们的客户缩减外包;
• 我们的大量债务和限制性契约;
• failure to realize sufficient cash flow or access to other sources of liquidity to fund capital expenditures;
• the effects of an economic slowdown in major economies worldwide;
• disruptions in our business or deficiencies in our controls resulting from the integration of acquired operations, particularly J-Devices, or the implementation and security of, and changes to, our enterprise resource planning, factory shop floor systems and other management information systems;
• 我们的新K5工厂和研发中心无法保证 Koreawill be fully utilized, or that the actual scope, costs, timeline or benefits of the project will be consistent with our current expectations;
• 恐怖袭击，政治不稳定，自然灾害与军事冲突的经济影响;
• 竞争，竞争性定价和平均售价下跌;
• fluctuations in packaging and test manufacturing yields;
• dependence on international operations and sales and fluctuations in foreign currency exchange rates, particularly in 日本and Korea;
• dependence on raw material and equipment suppliers and changes in raw material and precious metal costs;
• dependence on key personnel;
• enforcement of and compliance with intellectual property rights; and
• 技术挑战。

Other important risk factors that could affect the outcome of the events set forth in these statements and that could affect our operating results and financial condition are discussed in the company's Annual Report on Form 10-K for the year ended 2017年12月31日and in the company's subsequent filings with the Securities and Exchange Commission在此之前或之后进行。 一个mkorundertakes no obligation to review or update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180426006774/en/

Source: 狗万注册地址剧本技术, Inc.

狗万注册地址剧本技术, Inc.
Megan Faust
Corporate Vice President & Chief Financial Officer
480-786-7707
megan.faust@www.changhe-china.com