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Form 8-K AMKOR TECHNOLOGY, INC. For: Jul 21

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July 21, 2015 1:45 PM EDT


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
July 21, 2015
AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
DELAWARE
 
000-29472
 
23-1722724
 
 
 
 
 
(State or Other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)

2045 East Innovation Circle
Tempe, AZ 85284
(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 





Item 8.01. Other Events.

On July 21, 2015, Amkor issued a press release announcing its plans to expand its state-of-the-art assembly and test factory located in China’s Shanghai Waigaoqiao Free Trade Zone.
Additional information regarding the factory expansion is contained in the press release attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.


Exhibit    Description                            
99.1    Press release, dated July 21, 2015, announcing China expansion






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
AMKOR TECHNOLOGY, INC.
 
 
 
 
 
 
By:
/s/ Gil C. Tily
 
 
 
Gil C. Tily
 
 
 
Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
 
 
 
 
 

Date: July 21, 2015




Index to Exhibits
 
 
 
 
Exhibit
 
Description
 
 
99.1
 
Press release, dated July 21, 2015, announcing China expansion
 
 






    
News Release

Amkor Technology Announces Expansion of China Operations

TEMPE, Ariz. - July 21, 2015 - 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 website: www.amkor.com.
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.

Contacts
Amkor Technology, Inc.
Greg Johnson
Senior Director, Finance and Investor Relations
480-786-7594


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