Amkor Technology, Inc. (NASDAQ:AMKR) Q4 2022 Earnings Call Transcript

Tom Diffely : Okay. Great. And then you mentioned that tax rate for some one-off reasons was up to 22% in the quarter. On a go-forward basis, is 15% still a good number? Or should we raise that a little bit?

Megan Faust : We’re raising that to 17% for an annual effective tax rate estimate.

Tom Diffely : Okay, great. All right, that’s it. Thank you very much.

Megan Faust : Thank you.

Operator: Thank you. And at this time, I’m showing no further questions. I would like to turn the call back over to Giel for closing remarks.

Giel Rutten : Thank you. Let me recap the key messages. Amkor delivered excellent financial results in 2022. We achieved record revenue of $7.1 billion and a record EPS of $3.11. We are expecting first quarter revenue of $1.45 billion. Going into 2023, we expect macroeconomic conditions to remain challenging. We anticipate our business to improve in the second half, and Amkor is poised to accelerate when the market recovers. We believe the long-term growth drivers for the semiconductor industry remain in place. Amkor is well positioned to continue to execute on its three strategic pillars of leveraging our advanced packaging technology leadership, focusing on industry makeup trends and strengthening our broad geographic footprint. We are confident that our strategic focus will enable us to continue to outgrow the semiconductor market. Thank you for joining the call today.

Operator: Thank you. Ladies and gentlemen, this concludes today’s conference call. You may now disconnect.