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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
December 20, 2005
 
AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
         
DELAWARE   000-29472   23-1722724
         
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85248

(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below).
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

Item 7.01. Regulation FD Disclosure
Item 9.01. Financial Statements and Exhibits
SIGNATURES
INDEX TO EXHIBITS
Exhibit 99.1


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Item 7.01. Regulation FD Disclosure
On December 20, 2005, Amkor Technology, Inc. issued a press release announcing its revised earnings guidance for the fourth quarter of 2005 and certain other information. Attached hereto as Exhibit 99.1 and incorporated by reference herein is a copy of the press release. The information in this Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Text of Press Release dated December 20, 2005

 


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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
 
       
Date: December 22, 2005
       

 


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INDEX TO EXHIBITS
     
Exhibit No.   Description
99.1 
  Text of Press Release dated December 20, 2005

 

exv99w1
 

Exhibit 99.1
(AMKOR LOGO)
Amkor Raises Fourth Quarter 2005 Revenue and Gross Margin Guidance
CHANDLER, Ariz.- December 20, 2005 — Amkor Technology, Inc. (NASDAQ:AMKR) today announced that due to stronger than anticipated demand throughout the quarter, the company expects fourth quarter 2005 revenue and gross margin to be above the guidance level given on October 26, 2005. Amkor now expects fourth quarter assembly and test revenues to be approximately 13% to 15% higher than the third quarter of 2005 with associated gross margin in the range of 22% to 23% compared with earlier guidance of a 6% to 8% sequential increase in revenues and associated gross margin in the range of 19% to 20%.
“Higher than expected revenue in the fourth quarter of 2005 is attributable to strong demand in our major product groups including test,” said James Kim, Amkor’s Chairman and Chief Executive Officer. “Improved factory utilization coupled with product mix and higher average selling prices contributed to better than expected gross margin. Our customers’ forecasts indicate continued strong demand into the first quarter of 2006.”
Amkor is a leading provider of contract semiconductor assembly and test services. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic manufacturing services. More information on Amkor is available from the company’s SEC filings and on Amkor’s web site: www.amkor.com.
Forward Looking Statement Disclaimer
This press release contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the following: Amkor’s financial performance, including expected revenue and gross margins, and continued business momentum. These forward-looking statements are subject to a number of risks and uncertainties that could affect future results and cause actual results and events to differ materially from historical and expected results, including, but not limited to, dependence on the highly cyclical nature of the semiconductor industry, fluctuation in operating results, the decline in average selling prices, our high leverage and the restrictive covenants contained in the agreements governing our indebtedness, the absence of significant backlog in our business, our dependence on international operations and sales, difficulties integrating acquisitions, our dependence on materials and equipment suppliers, capital expenditure requirements, the increased litigation incident to our business, rapid technological change, competition, our need to comply with existing and future environmental regulations, the enforcement of intellectual property rights by or against us and continued control by existing stockholders.

 


 

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 reports on Form 10-K/A for the year ended December 31, 2004 and Form 10-Q for the quarter ended September 30, 2005. Amkor undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this document.
Contact:
Jeffrey Luth
VP Corporate Communications
480-821-5000 ext. 5130
jluth@amkor.com