Amkor Technology Receives Supplier of the Year Award From Philips Semiconductors

CHANDLER, Ariz., Jul 2, 2001 (BUSINESS WIRE) -- Amkor Technology Korea received a supplier of the year award from Philips Semiconductors in recognition of outstanding performance during 2000.

Amkor Technology Korea performs much of the test and assembly work for Philips Semiconductors. The annual award is presented to suppliers that demonstrate consistently superior performance in all areas of Philips' supplier rating system, a multifaceted index of service, quality, and technical support measurements.

"This award recognizes Amkor's continuous improvement and adherence to industry quality standards including QS-9000, QS-14000, and SAC," said Ger Schonk, senior vice president of Assembly and Test Operations for Philips Semiconductors. "It is also a great testimonial of the dedicated efforts of many Amkor people in their factories, product groups, and sales operations who all contribute to excelling in service and customer satisfaction."

"Coming from Philips Semiconductors, this award is important to us as it is the best confirmation of a job well done, and a motivation to do better in the future," said Jean Loup Rousseau, corporate vice president of worldwide sales for Amkor. "It also demonstrates the close cooperation Amkor has developed with leading IDM's in the industry and the strategic role we perform in their manufacturing model."

About Amkor Technology: Amkor Technology, Inc. (Nasdaq:AMKR) is the world's largest provider of contract microelectronics manufacturing solutions. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and manufacturing services, including deep sub-micron wafer fabrication; wafer probe, wafer mapping, characterization and reliability testing; IC packaging design and assembly; multi-chip module design and assembly; and final testing. More information on Amkor is available from the company's SEC filings and on Amkor's web site: www.amkor.com.

CONTACT:          Amkor Technology, Inc.
                  Media:
                  Ken Jensen
                  Director - Communications
                  480/821-2408 ext. 5130
                  kjens@amkor.com
                  Investors:
                  Jeffrey Luth
                  VP Investor Relations
                  610/431-9600
                  jluth@amkor.com