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Anam acquires Amkor's wafer fab business

Posted: 05 Mar 2003 ?? ?Print Version ?Bookmark and Share

Keywords:Anam Semiconductor? Amkor? contract semiconductor assembly? test services? wafer fabrication services?

Korea-based Anam Semiconductor Inc. (ASI) has purchased Amkor Technology Inc.'s wafer fabrication services business for $62 million. Amkor also confirmed that it will perform wafer fabrication services on a contractual basis subsequent to the transfer of the business to ASI.

"The sale of our wafer fabrication services business is a key step in Amkor's strategy to monetize our interest in Anam, and it reaffirms our commitment to enhance our financial liquidity and focus resources on our core assembly and test business," said James Kim, Amkor's chairman and CEO.

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