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<DESCRIPTION>FORM 8-K FOR AMKOR TECHNOLOGY,INC.
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>Washington, DC 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>


<P align="center" style="font-size: 10pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the<BR>
Securities Exchange Act of 1934</B>



<P align="center" style="font-size: 10pt">Date of Report (Date of earliest event reported)



<P align="center" style="font-size: 10pt"><B>October&nbsp;13, 2004</B>


<P align="center" style="font-size: 24pt"><B>AMKOR TECHNOLOGY, INC.</B>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


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    <TD align="center" valign="top"><B>DELAWARE</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>000-29472</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>23-1722724</B></TD>
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<TR style="font-size: 1px">
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;
</TD>
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<TR valign="bottom">
    <TD align="center" valign="top">(State or Other Jurisdiction<BR>
of Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)</TD>
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</DIV>



<P align="center" style="font-size: 10pt"><B>1345 ENTERPRISE DRIVE<BR>
WEST CHESTER, PA 19380</B><BR>
(Address of Principal Executive Offices, including Zip Code)



<P align="center" style="font-size: 10pt"><B>(610)&nbsp;431-9600</B><BR>
(Registrant&#146;s telephone number, including area code)


<P align="left" style="font-size: 10pt">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 (see General Instruction A.2. below):


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    <TD align="left" valign="top">Written communications pursuant to Rule&nbsp;425 under the Securities Act
(17 CFR 230.425)</TD>
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</DIV></TD>
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    <TD align="left" valign="top">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17
CFR 240.14a-12)</TD>
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</DIV></TD>
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    <TD align="left" valign="top">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><FONT face="Wingdings">&#111;</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</TD>
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<P align="center" style="font-size: 10pt">&nbsp;
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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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</TR>
<TR><TD></TD><TD colspan="8"><A HREF="#000">ITEM 8.01 OTHER EVENTS.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">EXHIBIT INDEX:</A></TD></TR>
<TR><TD colspan="9"><A HREF="w03742exv99w1.htm">PRESS RELEASE DATED 10/13/2004 FOR AMKOR TECHNOLOGY</A></TD></TR>
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<!-- link2 "ITEM 8.01 OTHER EVENTS." -->
<DIV align="left"><A NAME="000"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 8.01 OTHER EVENTS.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On October&nbsp;13, 2004, Amkor announced that it has begun discussions with a
group of institutional lenders concerning entering into a credit facility for a
$300&nbsp;million term loan. The term loan will mature on the sixth anniversary of
the closing date and will be secured by a second lien on substantially all of
the assets of Amkor and its domestic subsidiaries. The term loan will bear
interest at a floating rate based on LIBOR and will include covenants similar
to those in Amkor&#146;s outstanding 7&nbsp;1/8% Senior Notes due 2011. Amkor intends to
use proceeds of the term loan for working capital and general corporate
purposes.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with this proposed transaction, Amkor issued a press release
dated October&nbsp;13, 2004. A copy of this press release is attached as Exhibit
99.1.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amkor issued the following risk factors in its information memorandum
related to the credit facility:


<P align="center" style="font-size: 10pt"><B>RISK FACTORS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>You should carefully consider the risks described below and other
information contained in the Confidential Information Memorandum before making
an investment decision. The risks and uncertainties described below are not
the only ones facing Amkor. Additional risks and uncertainties not presently
known to us, or that we currently deem immaterial, may also impair our business
operations. We cannot assure you that any of the events discussed in the risk
factors below will not occur. If they do, our business, financial condition or
results of operations could be materially adversely affected. In such case,
the value of the Term Loan could decline, and you might lose all or part of
your loan.</I>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>This information memorandum contains forward-looking statements made as of
the date of this information memorandum regarding our expected performance that
involve risks and uncertainties. Our actual results could differ materially
from those anticipated in these forward-looking statements as a result of
certain factors, including the risks faced by us described below and elsewhere
in the information memorandum.</I>

<P align="left" style="font-size: 10pt"><B><I>Dependence on the Highly Cyclical Semiconductor and Electronic Products
Industries &#151; We Operate in Volatile Industries, and Industry Downturns Harm
Our Performance.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our business is tied to market conditions in the semiconductor industry,
which is highly cyclical. Because our business is, and will continue to be,
dependent on the requirements of semiconductor companies for subcontracted
packaging and test services, any downturn in the semiconductor industry or any
other industry that uses a significant number of semiconductor devices, such as
the personal computer and telecommunication devices industries, could have a
material adverse effect on our business and operating results. We are currently
experiencing a downturn in the semiconductor industry which has negatively
impacted our revenues, margins and net loss. A significant portion of our
operating expenses is relatively fixed in nature, and planned expenditures are
based in part on anticipated customer orders, which are difficult to estimate
due to the industry downturn. Our customers&#146; aggregate forecasts have weakened
considerably during 2004 in connection with a greater level of uncertainty
regarding end-market demand. This trend is materially hindering our visibility
into revenue, the mix of that revenue, capacity utilization and the pricing
environment. In addition, our fixed operating costs and excess capacity have
increased in part as a result of our efforts to expand our capacity through
acquisitions, including the acquisition of certain operations and assets in
Shanghai, China and Singapore from International Business Machines Corp. and
Xin Development Co., Ltd. in May&nbsp;2004, and the acquisition of capital stock of
Unitive, Inc. and Unitive Semiconductor Taiwan Corporation in August&nbsp;2004. We
cannot predict if and when industry conditions will improve. If industry
conditions do not improve, we could sustain significant losses which could
materially impact our business including our liquidity.

<P align="left" style="font-size: 10pt"><B><I>Fluctuations in Operating Results &#151; Our Results Have Varied and May Vary
Significantly as a Result of Factors That We Cannot Control.</I></B>



<P align="center" style="font-size: 10pt">2
</DIV>

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<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Many factors could materially and adversely affect our revenues, gross
profit and operating results, or lead to significant variability of quarterly
or annual operating results. Our profitability is dependent upon the
utilization of our capacity, semiconductor package mix, the average selling
price of our services and our ability to control our costs including labor,
material, overhead and financing costs. Our operating results have varied
significantly from period to period. During the three-year period ended
December&nbsp;31, 2003 and the nine-month period ended September&nbsp;30, 2004, our
revenues, gross margins and operating income have fluctuated significantly as a
result of the following factors over which we have little or no control and
which we expect to continue to impact our business:


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>fluctuation in demand for semiconductors and conditions in the semiconductor industry;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in our capacity utilization;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>declines in average selling prices;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in the mix of semiconductor packages;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>absence of backlog and the short-term nature of our customers&#146;
commitments and the impact of these factors on the timing and volume of
orders relative to our production capacity;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in costs, availability and delivery times of raw materials and components;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in labor costs to perform our services;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the timing of expenditures in anticipation of future orders;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in effective tax rates;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>high leverage and restrictive covenants;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>international events that impact our operations and environmental events such as earthquakes; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>difficulties integrating acquisitions and our ability to attract
qualified employees to support our geographic expansion.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have historically been unable to accurately predict the impact of these
factors upon our results for a particular period. These factors, as well as the
factors set forth below which have not significantly impacted our recent
historical results, may impair our future business operations and may
materially and adversely affect our revenues, gross profit and operating
results, or lead to significant variability of quarterly or annual operating
results:


<P>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the availability and cost of financing for expansion;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>loss of key personnel or the shortage of available skilled workers;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>rescheduling and cancellation of large orders;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>warranty and product liability claims;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>intellectual property transactions and disputes; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>fluctuations in our manufacturing yields.</TD>
</TR>

</TABLE>

<P align="left" style="font-size: 10pt"><B><I>Declining Average Selling Prices &#151; The Semiconductor Industry Places Downward
Pressure on the Prices
of Our Products.</I></B>



<P align="center" style="font-size: 10pt">3
</DIV>

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<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prices for packaging and test services have declined over time.
Historically, we have been able to partially offset the effect of price
declines by successfully developing and marketing new packages with higher
prices, such as advanced leadframe and laminate packages, by negotiating lower
prices with our material vendors, and by driving engineering and technological
changes in our packaging and test processes which resulted in reduced
manufacturing costs. During the first six months of 2004, as compared to the
comparable six-month period in 2003, the decline in average selling prices
eroded margins by 7%. We expect that average selling prices for our packaging
and test services will continue to decline in the future. If our semiconductor
package mix does not shift to new technologies with higher prices or we cannot
reduce the cost of our packaging and test services to offset a decline in
average selling prices, our future operating results will suffer.

<P align="left" style="font-size: 10pt"><B><I>High Leverage and Restrictive Covenants &#151; Our Substantial Indebtedness Could
Adversely Affect Our Financial Condition and Prevent Us from Fulfilling Our
Obligations under the Notes.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Substantial Leverage</I>. We now have, and for the foreseeable future will
continue to have, a significant amount of indebtedness. As of June&nbsp;30, 2004,
our total debt balance was $1,876.8&nbsp;million. In addition, despite current debt
levels, the terms of the indentures governing our indebtedness do not prohibit
us or our subsidiaries from incurring substantially more debt. If new debt is
added to our consolidated debt level, the related risks that we now face could
intensify.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covenants in the agreements governing our existing debt, and debt we may
incur in the future, may materially restrict our operations, including our
ability to incur debt, pay dividends, make certain investments and payments,
and encumber or dispose of assets. In addition, financial covenants contained
in agreements relating to our existing and future debt could lead to a default
in the event our results of operations do not meet our plans and we are unable
to amend such financial covenants prior to default. A default under one debt
instrument may also trigger cross-defaults under our other debt instruments. An
event of default under any debt instrument, if not cured or waived, could have
a material adverse effect on us.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our substantial indebtedness could:


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>make it more difficult for us to satisfy our obligations with respect to our indebtedness;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>increase our vulnerability to general adverse economic and industry conditions;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>limit our ability to fund future working capital, capital
expenditures, research and development and other general corporate
requirements;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>require us to dedicate a substantial portion of our cash flow from
operations to service payments on our debt;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>limit our flexibility to react to changes in our business and the industry in which we operate;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>place us at a competitive disadvantage to any of our competitors that have less debt; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>limit, along with the financial and other restrictive covenants in
our indebtedness, among other things, our ability to borrow additional
funds.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Ability to Service Debt and Fund Other Liquidity Needs</I>. We cannot assure
you that our business will generate cash in an amount sufficient to enable us
to service our debt or to fund our other liquidity needs, and if we fail to do
so, our business could be materially and adversely affected. Our cash and cash
equivalents balance as of June&nbsp;30, 2004 was $294.6&nbsp;million. Of our total debt
balance as of June&nbsp;30, 2004 of $1,876.8&nbsp;million, $143.7&nbsp;million represented
short-term borrowings and the current portion of long-term debt. Of this
$143.7&nbsp;million, a payment of approximately $117&nbsp;million, plus interest of $4.6
million, is due in the fourth quarter of 2004 in connection with our
acquisition of certain operations and assets from International Business


<P align="center" style="font-size: 10pt">4
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<P align="left" style="font-size: 10pt">Machines Corp. and Xin Development Co., Ltd. Since June&nbsp;30, 2004, we made a
payment of approximately $31.7&nbsp;million in connection with the acquisition of
capital stock of Unitive, Inc. and Unitive Semiconductor Taiwan Corporation.
If we are unable to generate sufficient cash to service our debt or to fund our
other liquidity needs, we may need to refinance all or a portion of our debt on
or before maturity. We cannot assure you that we will be able to refinance any
of our debt on commercially reasonable terms or at all.

<P align="left" style="font-size: 10pt"><B><I>Investment in ASI &#151; Our Results and Financial Condition May Be Adversely
Affected by Decreases in the Price of ASI&#146;s Common Stock.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At June&nbsp;30, 2004, we owned 4.6&nbsp;million shares, or 4% of ASI&#146;s voting
stock. We currently account for our investment in ASI as a marketable security
that is available for sale. We intend to sell our remaining investment in ASI.
The ultimate level of proceeds from the sale of our remaining investment in ASI
could be less than the current carrying value of $13.1&nbsp;million. In addition, in
the event of a decline in the market value of the ASI stock that is not
temporary, we will be required to record a charge to earnings for the
unrealized loss, and a new cost basis for the stock will be established.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with our sale of ASI shares to Dongbu in September&nbsp;2002,
Amkor and Dongbu agreed to use their best efforts to provide releases and
indemnifications to the past and incumbent chairman, directors and officers of
ASI, including James Kim, our CEO and chairman, and members of his family, from
any and all liabilities arising out of the performance of their duties at ASI
between January&nbsp;1, 1995 and December&nbsp;31, 2001. We are not aware of any claims
or other liabilities which these individuals would be released from or for
which they would receive indemnification.

<P align="left" style="font-size: 10pt"><B><I>Absence of Backlog &#150; The Recent Decrease in Customer Demand has Adversely
Affected Our Revenues.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our packaging and test business does not typically operate with any
material backlog. Our quarterly net revenues from packaging and test are
substantially dependent upon our customers&#146; demand in that quarter. None of
our customers have committed to purchase any significant amount of packaging or
test services or to provide us with binding forecasts of demand for packaging
and test services for any future period. In addition, our customers often
reduce, cancel or delay their purchases of packaging and test services.
Recently, our customers&#146; forecasts have declined and our customers have
provided lower-than-expected support for these forecasts, which has led to a
decrease in our revenues. Because a large portion of our costs is fixed and
our expense levels are based in part on our expectations of future revenues, we
have been unable to adjust costs in a timely manner to compensate for the
revenue shortfall, which has adversely affected our margins and net loss. If
customer demand does not increase, our business and operating results will be
materially and adversely affected.

<P align="left" style="font-size: 10pt"><B><I>Risks Associated With International Operations &#151; We Depend on Our Factories
and Operations in the Philippines, Korea, Japan, Taiwan, China and Singapore.
Many of Our Customers&#146; and Vendors&#146; Operations Are Also Located Outside of the
U.S.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We provide packaging and test services through our factories and other
operations located in the Philippines, Korea, Japan, Taiwan, China and
Singapore. Moreover, many of our customers&#146; and vendors&#146; operations are located
outside the U.S. The following are some of the risks inherent in doing business
internationally:


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>regulatory limitations imposed by foreign governments;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>fluctuations in currency exchange rates;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>political, military and terrorist risks;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>disruptions or delays in shipments caused by customs brokers or government agencies;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>unexpected changes in regulatory requirements, tariffs, customs, duties and other trade barriers;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">5
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<DIV style="font-family: 'Times New Roman',Times,serif">


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>difficulties in staffing and managing foreign operations; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>potentially adverse tax consequences resulting from changes in tax laws.</TD>
</TR>

</TABLE>

<P align="left" style="font-size: 10pt"><B><I>Difficulties Integrating Acquisitions &#151; We Face Challenges as We Integrate New
and Diverse Operations and Try to Attract Qualified Employees to Support Our
Expansion.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As a result of our geographic expansion and our business strategy to
pursue strategic acquisitions, we have experienced, and expect to continue to
experience, growth in the scope and complexity of our operations. For example,
each business we have acquired had, at the time of acquisition, multiple
systems for managing its own manufacturing, sales, inventory and other
operations. Migrating these businesses to our systems typically is a slow,
expensive process requiring us to divert significant amounts of resources from
multiple aspects of our operations. This growth has strained our managerial,
financial, manufacturing and other resources. Future acquisitions and
expansions may result in inefficiencies as we integrate new operations and
manage geographically diverse operations. Our success depends to a significant
extent upon the continued service of our key senior management and technical
personnel, any of whom would be difficult to replace. Competition for qualified
employees is intense, and our business could be adversely affected by the loss
of the services of any of our existing key personnel. Additionally, as part of
our ongoing strategic planning, we evaluate our management team and engage in
long-term succession planning in order to ensure orderly replacement of key
personnel. We cannot assure you that we will be successful in these efforts or
in hiring and properly training sufficient numbers of qualified personnel and
in effectively managing our growth. Our inability to attract, retain, motivate
and train qualified new personnel could have a material adverse effect on our
business.

<P align="left" style="font-size: 10pt"><B><I>Dependence on Materials and Equipment Suppliers &#151; Our Business May Suffer If
The Cost, Quality or Supply of Materials or Equipment Changes Adversely.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We obtain from various vendors the materials and equipment required for
the packaging and test services performed by our factories. We source most of
our materials, including critical materials such as leadframes, laminate
substrates and gold wire, from a limited group of suppliers. Furthermore, we
purchase the majority of our materials on a purchase order basis from suppliers
with whom we have no long-term contracts. Our business may be harmed if we
cannot obtain materials and other supplies from our vendors: (1)&nbsp;in a timely
manner, (2)&nbsp;in sufficient quantities, (3)&nbsp;in acceptable quality or (4)&nbsp;at
competitive prices.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning in the second quarter of 2003, we began to experience increases
in substrate material costs as a result of supply shortages. Substrate material
costs have since stabilized at the higher price levels. We have significantly
enhanced our supply base and do not foresee substrate material availability as
an ongoing issue. However, supply shortages may again occur in the future and
in such an event, gross margins could be negatively impacted.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the average price of gold has been increasing over the past
few years. Although we have been able to partially offset the effect of gold
price increases through price adjustments to customers and changes in our
product designs, gold prices may continue to increase. To the extent that we
are unable to offset these increases in the future, our gross margins could be
negatively impacted.

<P align="left" style="font-size: 10pt"><B><I>Capital Expenditures &#151; We Believe We Need To Make Substantial Capital
Expenditures, Which May Adversely Affect Our Business.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We believe that our business requires us to increase our capital
expenditures in order to address what we believe is an overall trend in
outsourcing of assembly and test. Our capital expenditures for the first six
months of 2004 were $294.7&nbsp;million, and we have budgeted capital expenditures
of $80.0&nbsp;million for the remaining six months of 2004. Our capital expenditure
requirements may strain our cash and short-term asset balances, and we expect
that the depreciation expenses and, to a lesser extent, factory operating
expenses associated with our capital expenditures to increase production
capacity, will put downward pressure on our near-term gross margin. In
addition, there can be no assurance that we will be able to recognize these
expenditures with future revenue.


<P align="center" style="font-size: 10pt">6
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="left" style="font-size: 10pt"><B><I>Increased Litigation Incident to Our Business &#151; Our Business May Suffer
as a Result of Our Involvement in Various Lawsuits.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are currently a party to various legal proceedings, including those
described in our Annual Report on Form 10-K for the year ended December&nbsp;31,
2003 and our Quarterly Reports on Form 10-Q for the quarters ended March&nbsp;31,
2004 and June&nbsp;30, 2004, as filed with the Securities and Exchange Commission.
As more fully described therein, recently we have become party to an increased
number of litigation matters relative to our historic levels. Much of our
recent increase in litigation relates to an allegedly defective epoxy compound,
formerly used in some of our products, which is alleged to be responsible for
certain semiconductor chip failures. While we have filed cross-claims for
indemnification against Sumitomo Bakelite Co., Ltd., the manufacturer of the
allegedly defective epoxy mold compound, should the epoxy mold compound be
found to be defective, we cannot be certain that we will be able to recover any
amount from Sumitomo Bakelite Co., Ltd. if we are held liable in these matters,
or that any adverse result would not have a material impact upon us. Moreover,
other customers of ours have made inquiries about the epoxy mold compound,
which was widely used in the semiconductor industry, and no assurance can be
given that claims similar to these will not be made against us by other
customers in the future. While we currently believe that the ultimate outcome
of these proceedings, individually and in the aggregate, will not have a
material adverse effect on our financial position or overall trends in results
of operations, litigation is subject to inherent uncertainties. If an
unfavorable ruling were to occur in any or all of the various legal
proceedings, there exists the possibility of a material adverse impact on our
operating results in the period in which the ruling occurs. The estimate of the
potential impact from these legal proceedings on our financial position or
results of operations could change in the future.

<P align="left" style="font-size: 10pt"><B><I>Rapid Technological Change &#151; Our Business Will Suffer If We Cannot Keep Up
With Technological Advances in Our Industry.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The complexity and breadth of semiconductor packaging and test services
are rapidly changing. As a result, we expect that we will need to offer more
advanced package designs in order to respond to competitive industry conditions
and customer requirements. Our success depends upon our ability to develop and
implement new manufacturing processes and package design technologies. The need
to develop and maintain advanced packaging capabilities and equipment could
require significant research and development and capital expenditures in future
years. In addition, converting to new package designs or process methodologies
could result in delays in producing new package types, which could adversely
affect our ability to meet customer orders.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Technological advances also typically lead to rapid and significant price
erosion and may make our existing products less competitive or our existing
inventories obsolete. If we cannot achieve advances in package design or obtain
access to advanced package designs developed by others, our business could
suffer.

<P align="left" style="font-size: 10pt"><B><I>Competition &#151; We Compete Against Established Competitors in the Packaging and
Test Business.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The subcontracted semiconductor packaging and test market is very
competitive. We face substantial competition from established packaging and
test service providers primarily located in Asia, including companies with
significant manufacturing capacity, financial resources, research and
development operations, marketing and other capabilities. These companies also
have established relationships with many large semiconductor companies that are
our current or potential customers. On a larger scale, we also compete with the
internal semiconductor packaging and test capabilities of many of our
customers.

<P align="left" style="font-size: 10pt"><B><I>Environmental Regulations &#151; Future Environmental Regulations Could Place
Additional Burdens on Our Manufacturing Operations.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The semiconductor packaging process uses chemicals and gases and generates
byproducts that are subject to extensive governmental regulations. For example,
at our foreign manufacturing facilities, we produce liquid waste when silicon
wafers are diced into chips with the aid of diamond saws, then cooled with
running water. Federal, state and local regulations in the United States, as
well as international environmental regulations, impose various controls on the
storage, handling, discharge and disposal of chemicals used in our
manufacturing processes and on the factories we occupy.


<P align="center" style="font-size: 10pt">7
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<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increasingly, public attention has focused on the environmental impact of
semiconductor manufacturing operations and the risk to neighbors of chemical
releases from such operations. In the future, applicable land use and
environmental regulations may: (1)&nbsp;impose upon us the need for additional
capital equipment or other process requirements, (2)&nbsp;restrict our ability to
expand our operations, (3)&nbsp;subject us to liability or (4)&nbsp;cause us to curtail
our operations.

<P align="left" style="font-size: 10pt"><B><I>Protection of Intellectual Property &#151; We May Become Involved in Intellectual
Property Litigation.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We maintain an active program to protect our investment in technology by
acquiring intellectual property protection and enforcing our intellectual
property rights. Intellectual property rights that apply to our various
products and services include patents, copyrights, trade secrets and
trademarks. We have filed and obtained a number of patents in the United States
and abroad. We expect to continue to file patent applications when appropriate
to protect our proprietary technologies, but we cannot assure you that we will
receive patents from pending or future applications. In addition, any patents
we obtain may be challenged, invalidated or circumvented and may not provide
meaningful protection or other commercial advantage to us.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may need to enforce our patents or other intellectual property rights
or defend ourselves against claimed infringement of the rights of others
through litigation, which could result in substantial cost and diversion of our
resources. The semiconductor industry is characterized by frequent claims
regarding patent and other intellectual property rights. If any third party
makes an enforceable infringement claim against us, we could be required to:


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>discontinue the use of certain processes;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>cease the manufacture, use, import and sale of infringing products;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>pay substantial damages;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>develop non-infringing technologies; or</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>acquire licenses to the technology we had allegedly infringed.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If we fail to obtain necessary licenses or if we are subjected to
litigation relating to patent infringement or other intellectual property
matters, our business could suffer.

<P align="left" style="font-size: 10pt"><B><I>Continued Control By Existing Stockholders &#151; Mr.&nbsp;James Kim and Members of His
Family Can Substantially Control The Outcome of All Matters Requiring
Stockholder Approval.</I></B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of May&nbsp;31, 2004, Mr.&nbsp;James Kim and members of his family beneficially
owned approximately 42.1% of our outstanding common stock. Mr.&nbsp;James Kim&#146;s
family, acting together, substantially control all matters submitted for
approval by our stockholders. These matters could include:


<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the election of all of the members of our board of directors;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>proxy contests;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>mergers and acquisitions involving our company;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>tender offers; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>open market purchase programs or other purchases of our common stock.</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">8
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<P>
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</TABLE>

<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="001"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="58%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
</TR>

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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>AMKOR TECHNOLOGY, INC.</B></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><I>/s/ Kenneth T. Joyce</I></TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Kenneth T. Joyce</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
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<DESCRIPTION>PRESS RELEASE DATED 10/13/2004 FOR AMKOR TECHNOLOGY
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<P align="right" style="font-size: 10pt">Exhibit&nbsp;99.1


<P align="center" style="font-size: 10pt"><B>Amkor Technology Announces Intent to Enter $300 Million Term Loan</B>


<P align="left" style="font-size: 10pt">CHANDLER, Az.&#151;October 13, 2004&#151;Amkor Technology, Inc. (Nasdaq: AMKR) announced
it has begun discussions with a group of institutional lenders concerning
entering into a credit facility for a $300&nbsp;million term loan.


<P align="left" style="font-size: 10pt">The term loan will mature on the sixth anniversary of the closing date and will
be secured by a second lien on substantially all of the assets of Amkor and its
domestic subsidiaries. The term loan will bear interest at a floating rate
based on LIBOR and will include covenants similar to those in Amkor&#146;s
outstanding 7&nbsp;1/8% Senior Notes due 2011. Amkor intends to use proceeds of the
term loan for working capital and general corporate purposes.


<P align="left" style="font-size: 10pt">We cannot assure you that these discussions will result in us entering into a
credit agreement or what the terms of any such credit agreement will be.


<P align="left" style="font-size: 10pt"><I>Contact:</I>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amkor Technology<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investors:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jeffrey Luth, 610/431-9600 ext. 5613<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;jluth@amkor.com



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