Asia and Global Semiconductor and Tech Research

Andrew Lu

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<h2>Two fan-out related acqusitions in one day</h2><p>On Feb 2, 2017, <a href="https://www.smartkarma.com/entities/7623" target="_blank" data-smartkarma-citation="entities:7623:1">Veeco Instruments Inc (VECO US)</a>, a global leader of advanced thin film etch and deposition process equipment, and <a href="https://www.smartkarma.com/entities/8666" target="_blank" data-smartkarma-citation="entities:8666:1">Ultratech Inc (UTEK US)</a>, a leading supplier of lithography products for advanced packaging applications, announced that they have signed a definitive agreement for Veeco to acquire Ultratech. Ultratech shareholders will receive 1) US$21.75 per share in cash; 2) 0.2675 of a share of Veeco common stock for each Ultratech common…</p>

Two fan-out related acqusitions in one dayOn Feb 2, 2017, Veeco Instruments Inc (VECO US), a global leader of advanced thin film etch and deposition process equipment, and Ultratech Inc (UTEK US), a leading supplier of lithography products for advanced packaging applications, announced that they have signed a definitive agreement for Veeco to acquire Ultratech. Ultratech shareholders will receive 1) US$21.75 per share in cash; 2) 0.2675 of a share of Veeco common stock for each Ultratech common…

Two Fan-Out Related Acqusitions in One Day; Any Other Target?

Equity Bottom-Up

<h2>3Q16 results and 4Q16 guidance beat Bloomberg consensus</h2><ul>
<li>
<strong>Results beat</strong>: <a href="https://www.smartkarma.com/entities/11409" target="_blank" data-smartkarma-citation="entities:11409:1">Amkor Technology Inc (AMKR US)</a> reports 3Q16 EPS of US$0.25, which was US$5 cents better than Bloomberg consensus' US$0.20 due to 3% higher in sales and 2ppts better on gross and operating margin for a better mix and stronger utilization.</li>
<li>
<strong>Guidance beats</strong>: Helped by solid demand from nearly all end markets, Amkor guides better than seasonal 4Q16 sales decline of 1% to 9% q/q (midpoint as -5% q/q vs. Bloomberg's -6% q/q) but up…</li>
</ul>

3Q16 results and 4Q16 guidance beat Bloomberg consensus

Results beat: Amkor Technology Inc (AMKR US) reports 3Q16 EPS of US$0.25, which was US$5 cents better than Bloomberg consensus' US$0.20 due to 3% higher in sales and 2ppts better on gross and operating margin for a better mix and stronger utilization.

Guidance beats: Helped by solid demand from nearly all end markets, Amkor guides better than seasonal 4Q16 sales decline of 1% to 9% q/q (midpoint as -5% q/q vs. Bloomberg's -6% q/q) but up…


Amkor Beats on Structural Improvement or Pre-Merger Windows Dressing?

United States

Amkor Technology, Inc. provides semiconductor packaging and test services.  The Company offers deep submicron wafer fabrication, wafer probe testing, integrated circuit packaging assembly and design, final testing, reliability testing, burn-in, and electrical characterization.

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Amkor Technology (AMKR US)

Amkor Beats on Structural Improvement or Pre-Merger Windows Dressing?

3Q16 results and 4Q16 guidance beat Bloomberg consensus Results beat: Amkor Technology Inc (AMKR US) reports 3Q16 EPS of US$0.25, which was US$5...

Andrew Lu

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52-week Range

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Two Fan-Out Related Acqusitions in One Day; Any Other Target?

Two fan-out related acqusitions in one dayOn Feb 2, 2017, Veeco Instruments Inc (VECO US), a global leader of advanced thin film etch and...

Andrew Lu

Amkor Beats on Structural Improvement or Pre-Merger Windows Dressing?

3Q16 results and 4Q16 guidance beat Bloomberg consensus Results beat: Amkor Technology Inc (AMKR US) reports 3Q16 EPS of US$0.25, which was US$5...

Andrew Lu