Amkor Completes Integration of Integra Technologies; Expands Worldwide Test Services Organization.Business Editors/High-Tech Writers CHANDLER, Ariz.--(BUSINESS WIRE)--July 25, 2000 Amkor Technology Amkor Technology, Inc. (NASDAQ: AMKR) is a high-tech semiconductor product manufacturer that includes Intel and IBM among its primary customers. Previously headquartered in West Chester, Pennsylvania, United States, Amkor recently announced that it will move to Chandler, (Nasdaq - AMKR AMKR Amkor Technology ) has completed the integration of recently acquired Integra Technologies into its worldwide operations, adding new resources to the company's existing test service capabilities in anticipation of continued growth in the semiconductor industry. In a key move to add additional strength to Amkor's test resources, former Integra President Joe Holt holt n. Archaic A wood or grove; a copse. [Middle English, from Old English.] holt Noun the lair of an otter [from , a 22-year semiconductor test veteran, has been named vice president of Amkor's worldwide test organization. Becky Craft, one of Integra's original owners and a 15-year industry veteran, is the general manager of the former Integra facilities at Wichita and San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. . These facilities now are known as Amkor Test Services to better reflect their new role. Paul Emmett, a 21-year test industry veteran, rejoins Amkor as vice president for test sales support, and Tom Boehm, with more than 18 years of test and semiconductor experience, continues in his role as director of worldwide test services. "Combining the technologies and resources of these companies is a significant step for Amkor and our customers, particularly with the continued rapid growth of the semiconductor industry and the related growth of outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. of test services," Holt said. "By utilizing our test design capabilities at both our Silicon Valley and Wichita locations, we can provide a faster time to market for our customers, and a much wider range and level of test services for advanced products. In addition, because Amkor has expanded our test facilities in the Philippines and in Korea, we are well-positioned to handle increased demands for test services." Nearly 50 test engineers and technicians will staff the new organization in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. alone. Additional test engineers and technicians are already in place at Amkor test facilities in the Philippines and Korea, where the company has nearly 200,000 square feet of test space and operates more than 525 test systems for various levels and complexities of test services. "The addition of Integra's engineering and technical resources to the existing Amkor test organization bolsters the company's ability to respond to customer test requirements," Holt said. "We will continue to add the resources necessary to keep pace with increased demands from our global customer base." About Amkor Technology: Amkor Technology, Inc. is the world's largest provider of contract microelectronics manufacturing solutions. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and manufacturing services, including deep sub-micron wafer fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers. ; wafer probe, wafer mapping, characterization and reliability testing; IC packaging design and assembly; multi-chip module A Multi-Chip Module or MCM is a specialized electronic package where multiple integrated circuits (ICs), semiconductor dies or other modules are packaged in such a way as to facilitate their use as a single IC. design and assembly; and final testing. More information on Amkor is available from the company's SEC filings and on Amkor's web site: www.amkor.com. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This news release may contain forward-looking statements that involve risk and uncertainty that could cause actual results to differ from anticipated results. Further information on risk factors that could affect the outcome of events set forth in these statements and that would affect the company's operating results and financial condition is detailed in the company's filing with the Securities and Exchange Commission, including the Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 1999. 2000-22 7/25/00 |
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