CHANDLER, Ariz., Sept. 17 -- Chip packaging and test leader Amkor Technology, Inc. (Nasdaq: AMKR) has signed an agreement with FICTA Technology Inc. to substantially increase Amkor's final test and wafer probe capacity in Taiwan, enable turnkey assembly and test service to Amkor's growing base of customers in that region, and provide for additional expansion of Amkor's assembly operations. Since establishing its Taiwan operations in 2001, Amkor's business in that market has experienced compound annual growth of over 40%.
As part of the business agreement, Amkor will occupy an entire floor at FICTA's Plant 2 near Hsinchu, Taiwan. FICTA's digital and mixed signal testers at that location will be consigned to Amkor, who will manage the test floor operation. Approximately 35 of FICTA's test engineers and support staff will join Amkor. Amkor will also consolidate its existing Taiwan test operation into this location and over time will add new test assets in support of growing customer demand. In addition, Amkor has agreed to lease another floor at the same facility for potential future expansion of its Taiwan assembly operations.
"This agreement with FICTA is another step in our strategy to provide turnkey assembly and test services across a broad geographical footprint, while managing the risk associated with quickly building test capacity," commented Bruce Freyman, Amkor's executive vice president for operations. "Our business in Taiwan has been increasing rapidly and should continue to grow as we prepare to support emerging business opportunities in the chip set and graphics markets. This additional capacity helps us immediately expand our test business and provides us with a world class test facility to support increasing customer demand."
In August 2003, Amkor announced a separate agreement with United Test and Assembly Center, Limited (UTAC) in Mainland China that created turnkey assembly and test support for local Chinese wafer foundries and IDMs looking to serve end customers in the China market.
"Together, these agreements with UTAC and FICTA substantially increase our test capabilities in the greater China region," said Joe Holt, Amkor's senior vice president for worldwide test. "Amkor is now in position to offer unmatched turnkey assembly and test support through our operations in Korea, the Philippines, Japan, China and Taiwan."
Amkor Technology, Inc. is the world's largest provider of contract semiconductor assembly and test services. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and manufacturing services. More information on Amkor is available from the company's SEC filings and on Amkor's web site: www.amkor.com.
For further information please contact Jeffrey Luth, VP Corporate Communications, ext. 5130, email@example.com , or Joe Holt, SVP Test Services, ext. 5860, firstname.lastname@example.org , both of Amkor Technology, Inc., +1-480-821-2408.