Kenneth Joyce is CEO of Amkor. (Bloomberg)
Amkor Technology saw income rise but earnings drop last quarter, according to its recently released third quarter earnings report.
Net sales were down 14 percent to $616 million compared with the same quarter last year; net income during that time period rose from $29 million to $81 million.
The Chandler-based semiconductor testing and packaging company employs 20,500 people and reported nearly $2.7 billion in revenue last year. Along with Toshiba Corp. and Nakaya Microdevices Corp, Amkor is opening an assembly and testing company in Japan. The new company will be called J-Corp. and will include a $17 million investment from Amkor.
Southwest Small Print 