Amkor is a manufacturing partner for some of the world’s biggest semiconductor companies and foundries. They test and package microchips. They make sure the microchips fit into tech devices that have hundreds of components crammed into tiny spaces (like iPods, smart watches, cell phones, cars, data centers, etc.)
From what I understand, Amkor brings value to semiconductor companies by assembling and testing their products. They optimize the supply chain. They are enablers. Their packaging and tests allow semiconductor manufacturers to sell their products.
Their earnings and revenues are good. Their earnings and revenue growth forecasts are good. They are building a new manufacturing plant in Vietnam. They have a PE of 12 and Simply Wall Street’s model has them 80% undervalued. They are operating in one of the most hyped up industries (semiconductors).
So why is no one talking about them ? Am I missing something ? Or are they just not sexy ?
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