Apple products to use Averatek’s tech – a CM portfolio company – through Amkor

December 29, 2023

30 Nov 2023 – Apple announced it will be the first and largest customer of the new Amkor manufacturing and packaging facility developed in Peoria, Arizona

On 30 November 2023, Apple announced it will be the first and largest customer of the new Amkor manufacturing and packaging facility developed in Peoria, Arizona. Amkor will package Apple silicon produced at the nearby TSMC fab, where Apple is also the largest customer.

CM’s US portfolio company Averatek is a direct business partner with Amkor Technology, which supplies critical semiconductor packaging and test services. Averatek develops manufacturing technology for next-generation electronic capabilities, with breakthrough tech for advanced packaging solutions, fine metal plating solutions, aluminum soldering solutions, and more. A lead product example is A-SAP, which is an extremely high density patented manufacturing process for circuit boards with metal traces as narrow as 15 microns.

“This is a the most significant announcement in the US semiconductor/packaging industry this century. Congratulations to Amkor Technology Inc, Appleand Arizona! The massive infection point in our industry, driven by AI/advanced compute, the need for chiplet/HI architecture, and the catalytic Chips Act is just wonderful to see. Averatek is proud to be part of this roadmap and the associated US job creation.”

As Apple’s official announcement states:

“Apple is deeply committed to the future of American manufacturing, and we’ll continue to expand our investment here in the United States,” said Jeff Williams, Apple’s chief operating officer. “Apple silicon has unlocked new levels of performance for our users, enabling them to do things they could never do before, and we are thrilled that Apple silicon will soon be produced and packaged in Arizona.

Apple and Amkor have worked together for more than a decade, packaging chips used extensively in all Apple products. With a shared desire to manufacture in the U.S., Apple and Amkor developed plans to build the largest outsourced advanced packaging facility in America. Amkor will invest approximately $2 billion in the project, and upon completion, it will employ more than 2,000 people.

Apple’s investments in advanced manufacturing are part of the commitment the company made in 2021 to invest $430 billion in the U.S. economy over five years. Today Apple is on pace to meet its target through direct spend with American suppliers, data center investments, capital expenditures in the U.S., and other domestic spend.

With Averatek’s technology integrated into Apple’s products through Amkor, this marks an important milestone its progress and evolution. We look forward to even more exciting updates from Averatek in 2024.


Original Apple press release: