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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)
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DELAWARE
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000-29472
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23-1722724 |
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(State or Other Jurisdiction
of Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.) |
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85248
(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrants 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
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
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.
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AMKOR TECHNOLOGY, INC. |
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By.
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/S/ Kenneth T. Joyce |
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Kenneth T. Joyce |
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Chief Financial Officer |
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Date: December 22, 2005 |
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INDEX TO EXHIBITS
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Exhibit No. |
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Description |
99.1
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Text of Press Release dated December 20, 2005 |
exv99w1
Exhibit 99.1
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, Amkors 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 companys SEC filings and on Amkors 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: Amkors 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 companys operating results and financial condition is
detailed in the companys 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