SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

April 29, 2003
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)

AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)

Delaware                 000-29472                   23-1722724
(State of other jurisdiction      (Commission                 (IRS Employer
of incorporation)       Identification Number)      Identification Number)

1345 ENTERPRISE DRIVE
WEST CHESTER, PA 19380
(Address of principal executive offices and zip code)

(610) 431-9600
(Registrant's telephone number, including area code)

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

99.1 Text of Press Release dated April 29, 2003

ITEM  9.  REGULATION FD DISCLOSURE (ITEM 12. DISCLOSURE OF RESULTS OF 
OPERATIONS AND FINANCIAL CONDITION).

The following information is being furnished under Item 12 of Form 8-K.

On April 29, 2003, Amkor announced its financial results for the fiscal
quarter ended March 31, 2003 and certain other information. The press release,
which has been attached as Exhibit 99.1, discloses certain financial measures,
such as EBITDA and free cash flow, which are considered non-GAAP financial
measures. Generally, a non-GAAP financial measure is a numerical measure of a
company's performance, financial position, or cash flows that either excludes or
includes amounts that are not normally excluded or included in the most directly
comparable measure calculated and presented in accordance with generally
accepted accounting principles. In order to fully assess our financial operating
results, management believes that EBITDA and free cash flow are appropriate
measures of evaluating our operating performance, liquidity, and ability to
service debt and fund capital expenditures. However, these measures should be
considered in addition to, and not as a substitute, or superior to, operating
income, cash flows, or other measures of financial performance prepared in
accordance with generally accepted accounting principles. The non-GAAP measures
included in our press release have been reconciled to the nearest GAAP measures
as is now required under new SEC rules regarding the use of non-GAAP financial
measures.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

AMKOR TECHNOLOGY, INC.

By: /s/ KENNETH T. JOYCE
------------------------
Kenneth T. Joyce
Chief Financial Officer

Dated: April 29, 2003

[AMKOR TECHNOLOGY LOGO]                                            News Release

AMKOR REPORTS FIRST QUARTER 2003 RESULTS

CHANDLER, AZ. - April 29, 2003 -- Amkor Technology, Inc. (Nasdaq: AMKR) reported
first quarter sales of $343 million, down 8% sequentially and up 19% over the
first quarter of 2002. Amkor's first quarter net income was $14.5 million, or
$0.09 per share, compared with a loss of $188 million, or ($1.15) per share, in
the first quarter of 2002.

The results of the company's wafer fabrication services business, which was sold
on February 28, 2003, have been reported separately as discontinued operations
and include a net gain of $52 million in connection with the sale of that
business. Prior period results have been restated to present the wafer
fabrication services business as discontinued operations.

Amkor's first quarter loss from continuing operations was $40 million, or
($0.24) per share, compared with a loss of $190 million, or ($1.17) per share in
the first quarter of last year. First quarter 2002 results included a loss of
$97 million, or ($0.59) per share, on impairment of equity investment in ASI.

First quarter revenue was slightly ahead of guidance, and gross margin exceeded
the company's expectations. Gross margin rose to 13.6% from negative 6.8% in the
year-ago period, due in part to lower levels of depreciation, ongoing cost
efficiency programs, and higher utilization of assembly and test assets used to
support advanced packages. The reduced depreciation reflects the impact of the
fixed asset impairment recorded in the second quarter of 2002 and the change in
estimated useful lives of certain assembly equipment from four years to seven
years effective with the fourth quarter of 2002.

"During the quarter we achieved several important strategic objectives designed
to increase liquidity and focus management resources on our core business," said
James Kim, Amkor's chairman and chief executive officer. "In February we
completed the sale of our wafer fabrication services business for $62 million.
We also continued to monetize our investment in ASI, selling an additional seven
million shares in March, which reduced our ownership interest to 19.7 million
shares, or 16% of ASI's voting stock. As of March 24 we ceased accounting for
our investment in ASI under the equity method and now account for this
investment as a marketable security. We intend to further monetize this
investment."

"Our first quarter revenue reflected seasonally weak demand and a conservative
manufacturing posture among companies in the electronics supply chain," said
John Boruch, Amkor's president and chief operating officer. "Our primary goals
for 2003 are to prepare our operations for profitable growth and execute on an
increasing number of customer program wins."

Amkor Reports First Quarter 2003 Results

"Our customers' forecasts have begun to trend upward from the seasonally slow
first quarter," said Boruch. "During the downturn design engineers have focused
on incorporating more functionality and higher levels of performance in their
end products. These efforts are driving increased reliance on advanced packaging
solutions such as flip chip, system in package, stacked chips, image sensing,
MEMS, and MicroLeadFrame(TM), all of which fall into our core competency."

"First quarter gross margin of 13.6% was better than we expected and reflects
ongoing efforts to manage costs and enhance operating efficiencies," said Ken
Joyce, Amkor's chief financial officer. "Looking back over the past several
quarters, we have made excellent progress streamlining our manufacturing
organization in support of our expected return to bottom line profitability
during the second half of this year."

"We continue to improve our financial liquidity," noted Joyce. "Our cash balance
increased to $351 million on March 31, reflecting positive cash flow from
operations, completion of sale of our wafer fabrication services business, and
the sale of additional shares of ASI. Early in the second quarter we refinanced
our secured credit facility on more favorable terms, which is a strong vote of
confidence from our lenders. The new $200 million credit facility replaces the
previous $197 credit facility and will have no significant principal
amortization until June 30, 2005.

Selected operating data for the first quarter of 2003 is included on a separate
page of this release.

BUSINESS OUTLOOK

Our customers' long-range forecasts have generally been building since the
beginning of the year. On the basis of these forecasts we have the following
expectations for the second quarter:

-     Revenue increase of around 10%.

-     Gross margin of around 19%.

-     Net loss of around 12 cents per share.

Our capital budget for 2003 has been increased to $150 million. During the year
we expect to accelerate our purchases of fine pitch wire bonders, testers and
related equipment in response to strengthening customer demand for advanced
assembly and test solutions. Given this scenario, we expect second quarter capex
to exceed $50 million.

We will resume the recognition of deferred tax assets when Amkor returns to
profitability. We anticipate recognizing approximately $4 million per quarter in
foreign tax expense for the remainder of 2003. At March 31, 2003 our company had
U.S. net operating losses totaling $335 million expiring between 2021 and 2022.
Additionally, at March 31, 2003 we had $50 million of non-U.S. net operating
losses available for carryforward, expiring between 2003 and 2012.

Amkor will hold a conference call on April 29, 2003 at 5:00 p.m. eastern time to
discuss the results of the first quarter in more detail. The call will be
webcast and can be accessed through the investor relations page of our web site:
www.amkor.com/ir as well as through CCBN's website, www.companyboardroom.com. An
archive of the webcast can be accessed through the

Amkor Reports First Quarter 2003 Results

same links and will be available until the company's next quarterly earnings
conference call. An audio replay of the call will be available for 48 hours
following the conference call by dialing 303-590-3000, passcode: 534350.

Amkor 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.

The statements by James Kim, John Boruch and Ken Joyce, and the above statements
contained in our Business Outlook, are forward-looking statements that involve 
a number of risks and uncertainties. Factors that could affect future operating
results and cause actual results to vary materially from historical and 
expected results include, but are not limited to: the highly unpredictable 
nature of the semiconductor industry; volatility of consumer demand for 
products incorporating our semiconductor packages; worldwide economic effects 
of terrorist attacks, military conflict in the Middle East and potential 
military conflict in Asia; potential effects of business disruption caused by 
SARS; competitive pricing and declines in average selling prices; reliance on 
a small group of principal customers; timing and volume of orders relative to 
the production capacity; availability of manufacturing capacity and 
fluctuations in manufacturing yields; availability of financing; competition; 
dependence on international operations and sales; dependence on raw material 
and equipment suppliers; exchange rate fluctuations; dependence on key 
personnel; difficulties in managing growth; enforcement of intellectual 
property rights; and environmental regulations.

Further information on risk factors that could affect the outcome of the events
set forth in these statements and that could affect the company's operating
results and financial condition is detailed in the company's filings with the
Securities and Exchange Commission, including the Report on Form 10-K for the
fiscal year ended December 31, 2002.

Contact:
Jeffrey Luth
VP Corporate Communications
480-821-2408 ext. 5130
jluth@amkor.com

Amkor Reports First Quarter 2003 Results

Selected operating data for the first quarter of 2003

-     Capital expenditures:                       $17 million

-     Depreciation and amortization:              $58 million

-     EBITDA:                                     $52 million *

*     Please refer to attached page for a reconciliation of EBITDA to the
most directly comparable GAAP measure

-     End market distribution (an approximation based on a sampling of programs
with our largest customers)

-     Communications:                       40%

-     Computing                             25%

-     Consumer                              20%

-     Other                                 15%

-     Combined assembly & test capacity utilization (based on front-of-line
capacity) was approximately 60%.

-     Assembly average selling price (calculated on a per pin basis) declined
approximately 1% from Q4 2002.

-     Assembly unit shipments were 1.14 billion, down 7% from Q4 2002.

-     Units as a percentage of assembly revenue:

-     Advanced packages                     75%

-     Traditional packages                  25%

-     Test revenue as a proportion of total revenue was approximately 8%.

(tables to follow)

Amkor Reports First Quarter 2003 Results

AMKOR TECHNOLOGY, INC.
RECONCILIATION OF EBITDA AND FREE CASH FLOW
(in thousands)

FOR THE THREE MONTHS ENDED
MARCH 31,
--------------------------------
2003               2002
(unaudited)         (unaudited)
-----------         -----------

EBITDA (1) RECONCILIATION:

Loss before income taxes, equity in loss of investees, loss on impairment
of equity investment, minority interest and discontinued operations:        $(40,728)          $(113,818)
Depreciation and amortization                                             57,793              93,653
Foreign currency (gain)/loss                                                (925)              1,998
Interest expense, net                                                     35,862              36,185
Loss on disposal of assets                                                    69               1,674
--------           ---------
EBITDA from continuing operations                                                  $ 52,071           $  19,692
========           =========

FREE CASH FLOW (2) RECONCILIATION:

Net cash provided (used) by continuing operating activities                        $ 29,464           $ (19,341)
Purchases of property, plant and equipment, net                          (16,057)            (22,247)
--------           ---------
Free cash flow from continuing operations                                          $ 13,407           $ (41,588)
========           =========

(1)   Earnings before interest, taxes, depreciation and amortization ("EBITDA")
is defined as loss before income taxes, equity in loss of investees, loss
on impairment of equity investment, minority interest, discontinued
operations, depreciation and amortization, net foreign currency, net
interest expense and loss on disposal of assets. EBITDA is not defined by
generally accepted accounting principles, and our definition of EBITDA 
may not be comparable to similar companies.

(2)   Free cash flow from continuing operations is defined as net cash from
continuing operating activities less purchases of property, plant and
equipment, net. Free cash flow is not defined by generally accepted
accounting principles, and our definition of free cash flow may not be
comparable to similar companies.

Amkor Reports First Quarter 2003 Results

AMKOR TECHNOLOGY, INC.
CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except per share data)

FOR THE THREE MONTHS ENDED
MARCH 31,
-------------------------------
2003                2002
----                ----
(unaudited)         (unaudited)

Net revenues                                                                             $ 343,131           $ 288,955
Cost of revenues                                                                           296,562             308,478
---------           ---------
Gross profit (loss)                                                                         46,569             (19,523)
---------           ---------
Operating expenses:
Selling, general and administrative                                                         42,544              45,540
Research and development                                                                     6,488               8,144
Loss on disposal of assets                                                                      69               1,674
Amortization of acquired intangibles                                                         2,030               1,252
---------           ---------
Total operating expenses                                                                    51,131              56,610
---------           ---------
Operating loss                                                                              (4,562)            (76,133)
---------           ---------
Other (income) expense:
Interest expense, net                                                                       35,862              36,185
Foreign currency (gain) loss                                                                  (925)              1,998
Other (income) expense, net                                                                  1,229                (498)
---------           ---------
Total other expense                                                                         36,166              37,685
---------           ---------
Loss before income taxes, equity in loss of investees, loss on impairment
of equity investment, minority interest and discontinued operations                      (40,728)           (113,818)
Equity in loss of investees                                                                 (3,628)             (2,094)
Loss on impairment of equity investment                                                       --               (96,576)
Minority interest gain (loss)                                                                  149              (1,753)
---------           ---------
Loss from continuing operations before income taxes                                        (44,207)           (214,241)
---------           ---------
Income tax benefit                                                                          (4,177)            (24,104)
---------           ---------
Loss from continuing operations                                                            (40,030)           (190,137)
---------           ---------

Discontinued operations:
Income from wafer fabrication services business, net of tax of $419 and $1,553           3,047               2,329
Gain on sale of wafer fabrication services business, net of tax $7,081 and $-0-         51,519                --
---------           ---------
Income from discontinued operations                                                     54,566               2,329
---------           ---------
Net income (loss)                                                                        $  14,536           $(187,808)
=========           =========

Per Share Data:
Basic and diluted loss per common share from continuing operations                   $   (0.24)          $   (1.17)
Basic and diluted income per common share from discontinued operations                    0.33                0.02
---------           ---------
Net income (loss) per common share                                                   $    0.09           $   (1.15)
=========           =========
Shares used in computing basic and diluted net (loss) income per common share              165,156             162,766
=========           =========

Amkor Reports First Quarter 2003 Results

AMKOR TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands)

March 31,          December 31,
2003                 2002
(unaudited)

Assets
Current assets:
Cash and cash equivalents                                                     $   351,485           $   311,249
Accounts receivable --
Trade, net of allowance for doubtful accounts of $6,938 and $7,122              213,573               234,056
Due from affiliates                                                                 152                   298
Other                                                                            7,132                 8,234
Inventories                                                                        68,433                72,121
Other current assets                                                               69,194                48,661
-----------           -----------
Total current assets                                                      709,969               674,619
-----------           -----------
Property, plant and equipment, net                                                   926,581               966,338
-----------           -----------
Investments                                                                           55,166                83,235
-----------           -----------
Other assets:
Due from affiliates                                                              20,855                20,852
Goodwill                                                                        628,147               628,099
Acquired intangibles                                                             43,055                45,033
Other                                                                            89,815               114,178
Assets of discontinued operations                                                      5,086                25,630
-----------           -----------
Total other assets                                                        786,958               833,792
-----------           -----------
Total assets                                                          $ 2,478,674           $ 2,557,984
===========           ===========

Liabilities and Stockholders' Equity
Current liabilities:

Bank overdraft                                                              $     5,183           $     4,633
Short-term borrowings and current portion of long-term debt                      76,876                71,023
Trade accounts payable                                                          146,982               180,999
Due to affiliates                                                                18,122                70,243
Accrued expenses                                                                188,131               184,223
-----------           -----------
Total current liabilities                                                 435,294               511,121
Long-term debt                                                                     1,723,370             1,737,690
Other noncurrent liabilities                                                          69,203                67,661
-----------           -----------
Total liabilities                                                       2,227,867             2,316,472
-----------           -----------
Minority Interest                                                                      9,996                10,145

Stockholders' equity:
Common stock                                                                        166                   166
Additional paid-in capital                                                    1,170,227             1,170,227
Accumulated deficit                                                            (919,198)             (933,734)
Receivable from stockholder                                                      (2,887)               (2,887)
Accumulated other comprehensive losses                                           (7,497)               (2,405)
-----------           -----------
Total stockholders' equity                                                240,811               231,367
-----------           -----------
Total liabilities and stockholders' equity                            $ 2,478,674           $ 2,557,984
===========           ===========

Amkor Reports First Quarter 2003 Results

AMKOR TECHNOLOGY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(IN THOUSANDS)

FOR THE THREE MONTHS ENDED
MARCH 31,
-----------------------------
2003                2002
(UNAUDITED)
-----------------------------

Cash flows from continuing operating activities:
Loss from continuing operations                                                              $ (40,030)          $(190,137)
Depreciation and amortization                                                                   57,793              93,653
Equity in loss of investees                                                                      3,628               2,094
Loss on impairment of equity investment                                                           --                96,576
Other adjustments to reconcile loss to net cash provided by operating activities                 4,186             (13,190)
Changes in assets and liabilities excluding effects of acquisitions                              3,887              (8,337)
---------           ---------
Net cash provided by (used in) operating activities                                         29,464             (19,341)
---------           ---------

Cash flows from investing activities:

Purchases of property, plant and equipment, net                                                (16,057)            (22,247)
Other investing activities                                                                      12,764                 (70)
---------           ---------
Net cash used in investing activities                                                       (3,293)            (22,317)
---------           ---------
Cash flows provided by (used in) financing activities                                               (7,867)              5,240
---------           ---------
Effect of exchange rate fluctuations on cash and cash equivalents related to continuing               (207)              1,783
operations
---------           ---------
Cash flows provided by discontinued operations                                                      22,139               9,859
---------           ---------
Net increase (decrease) in cash and cash equivalents                                                40,236             (24,776)
Cash and cash equivalents, beginning of period                                                     311,249             200,057
---------           ---------
Cash and cash equivalents, end of period                                                         $ 351,485           $ 175,281
=========           =========

Supplemental disclosures of cash flow information:
Cash paid during the period for:

Interest                                                                                   $  31,390           $  31,289
Income taxes                                                                               $   4,028           $   4,331