CHANDLER, Ariz., Jan. 20 -- Amkor Technology, Inc., (Nasdaq: AMKR) today announced that Japanese electronics manufacturer Oki Electric Industry Co., Ltd. (TSE: 6703 - News) has selected Amkor to assemble and test single and stacked-die chip scale packages for a broad range of Oki's advanced semiconductor devices, including microcontrollers (some with embedded Flash), application specific digital audio controllers, and System on Chip ASICs.

Beyond the current program, Oki Electric and Amkor will work closely together to use other forms of advanced packaging solutions that help Oki meet evolving market requirements.

"Our emerging relationship with Oki is further evidence of the growing trend toward outsourcing of IC assembly and test in Japan. This relationship will give Oki the opportunity to capitalize on growing market opportunities by strategically employing Amkor's industry-leading capabilities in designing and producing application specific packaging," said Jim Fusaro, senior vice president and general manager of Amkor Japan. "In addition, with factories in Japan, Korea, Philippines, Taiwan, and China, Amkor offers Oki the industry's broadest operational footprint."

"We expect this assembly and test cooperation to generate new business opportunities by utilizing the strengths of both companies," said Takaki Yamada, vice president of Silicon Manufacturing Company at Oki Electric.

About Oki Electric Industry Co., Ltd.

Founded more than a century ago in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarter in Tokyo, Japan. With the corporate vision, "Oki, Network Solutions for a Global Society," Oki Electric provides top-quality products, technologies and solutions to its customers through its telecommunications systems, information systems and electronic devices segments. All three segments are integrated into one effective organization that functions as a collective force to create exciting new products and technologies, including information and telecom converged solutions. Through its business activities, Oki Electric satisfies a spectrum of customer needs in various markets. Visit Oki's global web site at http://www.oki.com /.

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., +1-480-821-2408 ext. 5130, jluth@amkor.com; or Martijn Pierik of Positio Public Relations, Inc., +1-408-453-2400, martijn@positiopr.com, for Amkor Technology, Inc.