Amkor Technology Appoints Steve Kelley President and CEO

  Amkor Technology Appoints Steve Kelley President and CEO

Business Wire

CHANDLER, Ariz. -- April 30, 2013

Amkor Technology, Inc. (NASDAQ: AMKR) today announced that Stephen D. Kelley
has been appointed to serve as President and Chief Executive Officer and as a
director of the Company, effective May 8, 2013. Mr. Kelley succeeds Ken Joyce,
who previously announced his intention to retire. Mr. Kelley’s appointment
follows a comprehensive, six month search process conducted by the Board of
Directors with the professional assistance of a global executive recruiting

“We have been investing significant resources in the key packaging and test
technologies that support the rapidly growing market for smartphones and
tablets, and today we are well-positioned to take advantage of significant
growth opportunities in mobile communications and our other end markets,” said
James J. Kim, Amkor’s executive chairman of the board of directors. “Steve
Kelley has a wealth of experience helping major global semiconductor companies
grow revenues and increase profitability. With his strong record of success,
deep customer knowledge and great drive, Steve is the ideal CEO to lead

Most recently, Mr. Kelley served as Chief Executive Officer of Scio Diamond
Technology Corporation, an industrial diamond technology company, and as a
senior advisor to Advanced Technology Investment Company, the Abu
Dhabi-sponsored investment company that owns GLOBALFOUNDRIES, a full service
semiconductor foundry. Mr. Kelley, 50, has more than 25 years of experience in
the global semiconductor industry, including as Executive Vice President and
Chief Operating Officer of Cree, Inc. from 2008 to 2011, as Vice
President/General Manager - Display, Standard Logic, Linear and Military
Businesses at Texas Instruments, Inc. from 2003 to 2008, in various positions
with Philips Semiconductors from 1993 to 2003 including Senior Vice President
and General Manager, and in various positions with National Semiconductor
Corporation and Motorola Semiconductor. Mr. Kelley holds a B.S. in Chemical
Engineering from Massachusetts Institute of Technology and a J.D. from Santa
Clara University.

“I'm very excited to join the Amkor team,” said Mr. Kelley. “Throughout its
history, Amkor has been a pioneer and technology leader, and I look forward to
the opportunity to build on that success.”

Mr. Kim also commented on the retirement of Mr. Joyce, “Ken has had a
remarkable career, including over 15 years of service to Amkor. Today Amkor is
well-positioned for success with industry-leading technology in our key end
markets, and the entire Board of Directors joins me in thanking Ken for
helping to lead us here. We are fortunate that Ken has agreed to be available
to work with Steve over the coming months to ensure a smooth transition.”

About Amkor

Amkor is a leading provider of semiconductor packaging and test services to
semiconductor companies and electronics OEMs. More information about Amkor is
available from the company’s filings with the Securities and Exchange
Commission and at Amkor’s website:

Forward-Looking Statement Disclaimer

This announcement 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 growth of smartphones and tablets, Amkor's
investments, growth opportunities in mobile communications and other markets,
and future success. These forward-looking statements involve a number of
risks, uncertainties, assumptions and other factors that could affect future
results and cause actual results and events to differ materially from
historical and expected results and those expressed or implied in the
forward-looking statements. Important risk factors that could affect the
outcome of the events set forth in these statements are discussed in Amkor’s
Annual Report on Form 10-K for the year ended December31, 2012, and in its
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 announcement.


Amkor Technology, Inc.
Joanne Solomon
Executive Vice President & Chief Financial Officer
Greg Johnson
Senior Director, Corporate Communications
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