CHANDLER, Ariz., Jan. 15 -- Amkor Technology, Inc., (Nasdaq: AMKR) today announced several senior executive actions designed to align its management structure for the next phase of the company's growth. The company has created the Office of the Chairman; elevated John Boruch to the position of vice chairman; and promoted Bruce Freyman to president and chief operating officer. Mr. Freyman was most recently executive vice president, operations. Reporting to the Office of the Chairman are Mr. Freyman and three executive vice presidents: Kenneth Joyce (chief financial officer), Oleg Khaykin, (corporate development), and JooHo Kim, (worldwide manufacturing). James Kim remains Amkor's chairman and chief executive officer.

"Amkor is in the midst of a semiconductor industry upturn that presents an exceptional number of growth opportunities for our company," said CEO James Kim. "During the past year we have embarked on a series of strategic initiatives that position Amkor to achieve above-industry growth. The actions announced today are designed to strengthen what I believe is the deepest management team and strongest operational organization in our industry."

Mr. Boruch joined Amkor in 1984 and has been president and chief operating officer since 1999. Mr. Freyman joined Amkor in 1992.

About Amkor:

Amkor Technology, Inc. is a leading 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 of Amkor Technology, Inc., +1-480-821-5000 ext. 5130, jluth@amkor.com; or Martijn Pierik of Positio Public Relations, Inc., +1-408-453-2400, martijn@positiopr.com, for Amkor Technology, Inc.