Amkor to increase IC assembly and test capacity by 25%
Amkor to increase IC assembly and test capacity by 25%
By Jack Robertson, EBN
May 23, 2000 (11:33 a.m. EST)
URL: http://www.eetimes.com/story/OEG20000523S0008
Amkor Technology Inc., Chandler, Ariz., Tuesday said it will add nearly 25% more total capacity for its global chip assembly and testing operations by expanding plants in Korea and the Philippines. President John Boruch said a total of 800,000 additional sq. ft. of factory space will be added by mid-2001. A new 512,000-sq.-ft. building will be built near Manila to supplement three existing assembly plants there. An additional 200,000 sq. ft. of space will be added for assembly in the Philippines, taking over an area previously occupied by test, which has been moved to a new facility. Two expansions in Korea will increase assembly and design facilities there. Amkor earlier this year bought three Anam Semiconductor Inc. plants in South Korea for $950 million, as part of a larger series of investment by Amkor in the financially troubled company. Amkor originally was founded as Anam's marketing arm, but following Korea's economic meltdown in 1998 has continued to acquire manufacturing assets and took a 42% equity stake in the company to help Anam structure a settlement agreement with creditors.
Related News
- Top Ten IC Design Houses Ride Wave of Seasonal Consumer Demand and Continued AI Boom to See 17.8% Increase in Quarterly Revenue in 3Q23, Says TrendForce
- Amkor Technology and GlobalFoundries to Provide At-scale Semiconductor Test and Assembly Services in Europe
- Wafer Capacity Forecast to Climb 8.7% As 10 New Fabs Enter Production
- Global Semiconductor Sales Increase 32.4% Year-to-Year, 3.4% Month-to-Month in February
- 2022 Semiconductor Sales to Grow 11% After Surging 25% in 2021
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
E-mail This Article | Printer-Friendly Page |