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

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 8.01. Other Events.

On January 14, 2009, Amkor issued a press release announcing that the Arbitration Panel from the International Chamber of Commerce has issued the final award in the arbitration proceedings relating to Amkor’s license agreement with Tessera, Inc.

Additional information about the order and the underlying arbitration is contained in the press release attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1

Text of Press Release dated January 14, 2009, which is filed herewith.

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.

Date: January 15, 2009

EXHIBIT INDEX:

Exhibit		Description
99.1		Text of Press Release dated January 14, 2009

Exhibit 99.1

News Release

Amkor Announces Final Award in Tessera Arbitration

Chandler, Ariz., January 14, 2009 — Amkor Technology, Inc. (NASDAQ: AMKR) today announced that the Arbitration Panel from the International Chamber of Commerce has issued the final award in the arbitration proceedings relating to Amkor’s license agreement with Tessera, Inc.

The Panel awarded Tessera $61 million in damages for past royalties due under the license agreement. The award is for the period March 2, 2002 through December 1, 2008 and includes an aggregate of $2 million for the first two months of the fourth quarter of 2008. The Company has already accrued $50 million for unpaid royalties through September 2008 and expects to accrue an additional $12 million for unpaid royalties in the fourth quarter ($9 million for unpaid royalties through September 30, 2008 and $3 million for royalties for the full fourth quarter of 2008). The Panel also found that Tessera is entitled to 3% simple interest for unpaid royalties calculated for the periods set by the final award. Payment of the final award, plus interest, is due in February 2009.

“We are satisfied with the overall results of the arbitration and are moving ahead as a Tessera licensee,” said James Kim, chief executive officer of Amkor. “Our cash position remains solid and we do not expect our ongoing business to be materially affected by the decision.”

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 expected accrual for the fourth quarter of 2008, the Company’s cash position and the effect of the arbitration decision on the Company’s ongoing business. 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		Lynn Morgen
Corporate Vice President & CFO		MBS Value Partners
480-821-5000 ext. 5416		212-750-5800
jsolo@amkor.com		lynn.morgen@mbsvalue.com