Amkor Technology is considering the sale of a stake in its China business, a unit valued between $1 billion and $1.5 billion. The semiconductor packaging firm is working with an adviser to evaluate interest from Asian investment firms and industry players. Amkor may retain a minority stake in the unit, though discussions remain preliminary.
The potential divestment signals a strategic pivot as the company expands its U.S. footprint, including a major new facility in Arizona. This move aligns with a broader industry trend of reassessing Chinese operations amid rising geopolitical tensions. Amkor has operated in China since 2001 and seeks to unlock capital to support its domestic growth.