e8vk
 
 
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)
July 10, 2008
 
AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
         
DELAWARE   000-29472   23-1722724
         
(State or Other Jurisdiction of   (Commission File Number)   (IRS Employer
Incorporation)       Identification No.)
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85286

(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 2.02 Results of Operations and Financial Condition
Attached hereto as Exhibit 99.1 and incorporated by reference herein is updated guidance for Amkor Technology, Inc. relating to net sales for the second quarter of 2008 as presented in a press release dated July 10, 2008. The information in this Form 8-K and the exhibit attached hereto is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (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, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The following exhibit is furnished (not filed) herewith.
99.1 Text of Press Release dated July 10, 2008
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/ Joanne Solomon
 
Joanne Solomon
   
 
      Corporate Vice President and Chief Financial Officer    
Date: July 10, 2008

 


 

EXHIBIT INDEX:
99.1 Text of Press Release dated July 10, 2008

 

exv99w1
Exhibit 99.1
(AMKOR LOGO)   News Release          
     
Amkor Lowers Second Quarter 2008 Sales Guidance
Chandler, Ariz., July 10, 2008 – Amkor Technology, Inc. (NASDAQ: AMKR) today announced that net sales for the second quarter of 2008 are expected to be down 1% to 2% from the first quarter of 2008, compared to the previous guidance of a sequential increase in net sales of 1% to 3%. The estimated decrease in net sales is due primarily to the previously disclosed disruptions in production resulting from the implementation of an enterprise resource planning system at its Philippine facilities. At this time, the Company is unable to determine the impact that its reduced net sales will have on its previous guidance for gross margin and net income.
The Company will issue its financial results for the second quarter of 2008 after the close of trading on the NASDAQ Global Select Market on Tuesday, August 5, 2008. Additional information regarding the Company’s second quarter earnings release and related conference call is being provided in a separate press release.
About Amkor
Amkor is a leading provider of semiconductor assembly and test services. The Company offers semiconductor companies and electronics OEMs a complete set of microelectronics design and manufacturing services. More information on Amkor is available from the Company’s SEC filings and on Amkor’s website.
Forward Looking Statement Disclaimer
This press release contains forward-looking statements within the meaning of federal securities laws. All statements other than statements of historical fact are considered forward looking statements including, without limitation, statements regarding the Company’s estimated net sales for the second quarter of 2008 and the impact that its reduced net sales will have on its previous guidance for gross margin and net income. Other important risk factors that could affect the outcome of the events set forth in these statements and that could affect our operating results and financial condition are discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2007 and in the Company’s subsequent filings with the Securities and Exchange Commission made prior to or after the date hereof. Amkor undertakes no obligation to review or update any forward looking statements to reflect events or circumstances occurring after the date of this press release.
     
 
   
Company Contact:
  Investor Relations Contact:
Joanne Solomon
  Claire McAdams
Corporate Vice President & CFO
  Investor Relations
480-821-5000 ext. 5416
  530-274-0551
jsolo@amkor.com
  cmcad@amkor.com