Amkor Technology Announces Expansion of China Operations

TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology, Inc. (Nasdaq: AMKR) today announced plans to expand

its state-of-the-art assembly and test factory located in China's

Shanghai Waigaoqiao Free Trade Zone. With this project, Amkor expects to

increase its manufacturing facilities in China by 45% to nearly 60,000

square meters of cleanroom space.

"Demand for assembly and test services is booming in China, particularly

for advanced products employing wafer-level, die stacking and package

stacking technology," said Steve Kelley, Amkor's president and chief

executive officer. "Our Shanghai operation is Amkor's second-largest

factory by revenue, and offers the most advanced OSAT technologies in

China for both local and international customers. This investment

reflects the long term strength of our mobile communications business,

and the increasingly important role of the Chinese market in the global

semiconductor supply chain."

Amkor plans to invest around $60 million for construction of the new

facilities, which is scheduled to be completed by the summer of 2016.

About Amkor

Amkor is a leading provider of semiconductor packaging and test services

to semiconductor companies and electronics OEMs. More information on

Amkor is available from the company's SEC filings and at Amkor's


Forward-Looking Statement Disclaimer

This announcement contains forward-looking statements within the meaning

of federal securities laws. All statements other than statements of

historical fact are considered forward-looking statements including,

without limitation, statements regarding our plan to expand our

manufacturing facilities in China and the size, cost and timing of such

expansion, demand for assembly and test services for advanced products

in China, and the long term strength of our mobile communications

business. These forward-looking statements involve a number of risks,

uncertainties, assumptions and other factors that could affect future

results and cause actual results and events to differ materially from

historical and expected results and those expressed or implied in the

forward-looking statements. Important risk factors that could affect the

outcome of the events set forth in these statements and that could

affect our operating results and financial condition are discussed in

Amkor's Annual Report on Form 10-K for the year ended December 31, 2014,

and in its subsequent filings with the Securities and Exchange

Commission made prior to or after the date hereof. Amkor undertakes no

obligation to review or update any forward-looking statements to reflect

events or circumstances occurring after the date of this announcement.

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