新闻稿

2011年第一季度

• Net sales $665 million
• 毛利率19%
• 净利润增长$25 million
• Earnings per diluted share $0.10

CHANDLER, Ariz., Apr 28, 2011 (BUSINESS WIRE) -- Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor assembly and test services, today announced financial results for the first quarter ended March 31, 2011, with net sales of $665 million, net income of $25 million, and earnings per diluted share of $0.10.

"First quarter results were consistent with our expectations even though sales were reduced by approximately $6 million due to the impact of the Japan earthquake on our Kitakami operations," said Ken Joyce, Amkor's president and chief executive officer. "Gross margin of 19% was at the top of our expected range. We saw typical seasonal softness during the quarter, and our strong position in gaming amplified these seasonal patterns. We also saw weakness in networking and certain consumer electronics due to inventory adjustments by some of our customers."

Selected financial information for the first quarter 2011 is as follows:

• Net Sales: $665 million, down 11% from $751 million in the prior quarter, and up 3% from $646 million in the first quarter 2010
• Gross Margin: 19%, compared to 21% in the prior quarter and 21% in the first quarter 2010
• Net Income: $25 million, down from $51 million in the prior quarter, and down from $44 million in the first quarter 2010
• Earnings Per Diluted Share: $0.10, down from $0.20 in the prior quarter, and down from $0.18 in the first quarter 2010

Amkor执行副总裁兼首席财务官Joanne Solomon表示：“尽管面临严峻的需求环境、不利的外汇汇率变动、金价上涨以及日本发生的事件的持续压力，但我们仍实现了19%的稳定毛利率。”在今年这个季节性放缓的时期，我们一直密切关注劳动力和其他制造成本。”

“在fi资本增加1.05亿美元rst quarter, primarily in support of the communications area. We also delivered positive free cash flow results," continued Solomon.

现金和现金等价物为3.93亿美元，净债务是8.51亿美元，2011年3月31日。2011年1月，我们的6.25％敞篷车票据的所有售价2013年被转换为1340万股亚马尔普通股。

Selected operating data for the first quarter 2011 are included in a section before the financial statements.

Business Outlook

"We remain optimistic about solid growth in the second half 2011, although there is less visibility due to the situation in Japan," said Joyce. "Because of the current uncertainties in the electronics industry supply chain, we have reduced our sales expectations for the second quarter 2011 by $50 million," added Joyce. "Our guidance for the second quarter is also negatively impacted by unexpected weakness in demand for wireless baseband chips by a single OEM."

Based upon the currently available information, we have the following expectations for the second quarter 2011:

• Net sales of $650 million to $700 million, down 2% to up 5% from the prior quarter
• Gross margin between 16% and 20%
• 净利润增长of $8 million to $37 million, or $0.04 to $0.15 per diluted share
• Capital additions of around $125 million for the second quarter, and capital additions of around $450 million for the full year

电话会议信息

Amkor will conduct a conference call on April 28, 2011, at 5:00 p.m. Eastern Daylight Time. This call is being webcast and can be accessed at Amkor's web site:www.www.chenyuhi.com. 您也可以拨打877-941-1465接通电话。可在Amkor的网站或拨打800-406-7325（访问密码#4435872）重播该电话。网播还通过汤森路透的投资者分销网络向机构投资者和个人投资者分发。个人投资者可以通过汤森路透的个人投资者中心收听电话bob体ob体与软件下载www.companyboardroom.com或通过访问汤森路透的个人投资者网络中的任何投资者网站。机构投资者可以通过Thomsbob体ob体与软件下载on Reuters的密码保护的活动管理网站，街头活动（www.streetevents.com).

About Amkor

Amkor is a leading provider of semiconductor assembly and test services to semiconductor companies and electronics OEMs. More information on Amkor is available from the company's SEC filings and on Amkor's website:www.www.chenyuhi.com.

前瞻性声明免责声明

本新闻稿包含联邦证券法所指的前瞻性声明。除历史事实陈述外的所有陈述均被视为前瞻性陈述，包括但不限于以下陈述：电子行业供应链中的可见性和不确定性，以及由于日本局势导致我们的销售预期下降，无线基带芯片需求疲软，以及我们2011年增资的金额和时间，下半年的增长，以及我们2011年第二季度的当前业务前景，包括我们的预期净销售额、毛利率、净收入、摊薄每股收益和增资。这些前瞻性陈述涉及许多风险、不确定性、假设和其他因素，这些因素可能会影响未来结果，并导致实际结果和事件与历史和预期结果以及前瞻性陈述中明示或暗示的结果存在重大差异，包括但不限于以下内容：

• Uncertainties in demand, disruptions in production and the electronic industry supply chain and potential increased costs arising out of the Japan earthquake and tsunami;
• the highly unpredictable nature of the semiconductor industry;
• 全球经济对信贷市场、金融机构、客户、供应商和消费者的影响；
• 无法实现高容量利用率；
• volatility of consumer demand for products incorporating our semiconductor packages;
• dependence on key customers;
• weakness in the forecasts of our customers;
• customer modification of and follow through with respect to forecasts provided to us;
• changes in tax rates and taxes as a result of changes in tax law, the jurisdictions in which our income is determined to be earned and taxed, the outcome of tax audits and tax ruling requests, our ability to realize deferred tax assets and the expiration of tax holidays;
• curtailment of outsourcing by our customers;
• 我们的大量债务和限制性契约;
• failure to realize sufficient cash flow to fund capital additions;
• the effects of a recession or other downturn in the U.S. and other economies worldwide;
• 实施新的企业资源规划系统导致的控制中断或缺陷；
• the highly unpredictable nature and costs of litigation and other legal activities and the risk of adverse results of such matters;
• worldwide economic effects of terrorist attacks, natural disasters and military conflict;
• 我们控制成本的能力；
• 竞争性定价和平均销售价格下降；
• timing and volume of orders relative to production capacity;
• fluctuations in manufacturing yields;
• competition;
• dependence on international operations and sales;
• dependence on raw material and equipment suppliers and changes in raw material and precious metal costs;
• 汇率波动；
• 对关键人员的依赖；
• 管理增长的困难；
• enforcement of intellectual property rights;
• environmental and other governmental regulations; and
• technological challenges.

可能影响这些陈述中的事件结果以及可能影响我们的经营结果和财务状况的其他重要风险因素在2010年12月31日止年度的年度10-K的年度报告中讨论了这一账单和财务状况公司随后提交证券交易委员会在此之日起或之后发布。Amkor没有义务审查或更新任何前瞻性陈述，以反映本新闻稿日期后发生的事件或情况。

AMKOR TECHNOLOGY, INC.
Selected Operating Data
Sales Data:						2011年第一季度								Q4 2010								2010年第一季度
Packaging services (in millions):
芯片级封装						$	2三1							$	272							$	205
引线框架							170								176								179
Ball grid array							148								186								155
Other packaging							49								46								42
Packaging services							598								680								581
试验services							67								71								65
全部的sales						$	665							$	751							$	646
包装服务：
芯片级封装							三5	%							三6	%							三1	%
引线框架							26	%							24	%							28	%
Ball grid array							22	%							25	%							24	%
Other packaging							7	%							6	%							7	%
Packaging services							90	%							91	%							90	%
试验services							10	%							9	%							10	%
全部的sales							100	%							100	%							100	%
Packaged units (in millions):
芯片级封装							475								590								455
引线框架							1,573								1,579								1,954
Ball grid array							62								61								50
Other packaging							三								4								8
总包装单位							2,113								2,234								2,467
Net sales from top ten customers							57	%							57	%							54	%
产能利用率（在2010年第四季度开始分别呈现的包装和测试利用率。基于对可比性的当前方法来重新计算之前的期间）：
Packaging							71	%							78	%							84	%
试验							71	%							74	%							68	%
End Market Distribution Data(an approximation including representative devices and applications based on a sampling of our largest customers. Prior periods were revised for an expanded sampling methodology and refinement of our classifications):
通信（手机、以太网、WiMAX、无线局域网、蓝牙）							4三	%							40	%							三7	%
消费者（游戏，设置顶盒，电视，便携式媒体）							2三	%							26	%							26	%
Computing (PCs, servers, displays, hard disk drive, printers, other peripherals)							12	%							12	%							14	%
Networking (infrastructure, routers, network servers)							12	%							1三	%							14	%
Other (auto, industrial)							10	%							9	%							9	%
全部的							100	%							100	%							100	%
Gross Margin Data:
Net sales							100	%							100	%							100	%
销售成本：
材料							4三	%							4三	%							42	%
劳动							14	%							1三	%							1三	%
Other manufacturing							24	%							2三	%							24	%
Gross margin							19	%							21	%							21	%
AMKOR TECHNOLOGY, INC.
Selected Operating Data
						2011年第一季度								Q4 2010								2010年第一季度
						(in millions, except per share data)
Capital Investment Data:
物业、厂房及设备添置						$	105							$	103							$	7三
相关应付账款及存款净变动							9								66								(6	)
购买物业、厂房及设备						$	114							$	169							$	67
折旧和摊销						$	8三							$	87							$	76
Free Cash Flow Data:
Net cash provided by operating activities						$	120							$	176							$	104
减去物业、厂房及设备的购买							(114	)							(169	)							(67	)
Free cash flow*						$	6							$	7							$	三7
每股收益数据：
归属于Amkor的净收入-basic						$	25							$	51							$	44
Adjustment for dilutive securities on net income:
Interest on 2.5% convertible notes due 2011, net of tax							-								-								-
Interest on 6.25% convertible notes due 2013, net of tax							-								2								2
2014年6.0％可转换票据的兴趣，税收							4								4								4
归属于Amkor的净收入-diluted						$	29							$	57							$	50
加权平均流通股-基本							194								18三								18三
Effect of dilutive securities:
Stock options and unvested restricted shares							1								1								1
2011年截止日期为2.5％可转换票据							-								三								三
6.25% convertible notes due 2013							-								1三								1三
6.0% convertible notes due 2014							8三								8三								8三
加权平均流通股-摊薄							278								28三								28三
归属于Amkor的净收入per common share:
基本的						$	0.13							$	0.28							$	0.24
Diluted						$	0.10							$	0.20							$	0.18

*我们将自由现金流定义为经营活动提供的净现金减去购买不动产、厂房和设备。一般公认会计原则没有定义自由现金流。然而，我们相信自由现金流对我们的投资者是相关和有用的信息，因为它为他们提供了评估我们的流动性、资本资源和财务经营成果的额外信息。我们的管理层使用自由现金流来评估我们的流动性、偿债能力和为资本增加提供资金的能力。bob体ob体与软件下载

However, this measure should be considered in addition to, and not as a substitute for, or superior to, other measures of financial performance prepared in accordance with GAAP, and our definition of free cash flow may not be comparable to similarly titled measures reported by other companies.

AMKOR TECHNOLOGY, INC.
合并损益表
(Unaudited)
							For the Three Months
							Ended March 31,
							2011									2010
							(In thousands, except per share data)
Net sales							$	664,950.								$	645,738
Cost of sales								538,264									508,782
毛利润								126,686									1三6,956
Operating expenses:
Selling, general and administrative								64,558									56,296
研究与开发								12,129									11,673
营业费用合计								76,687									67,969
Operating income								49,999									68,987
其他（收入）支出
Interest expense								18,789									22,369
Interest expense, related party								2,580									三,812
利息收入								(587	)								（733.	)
外币损失								1,731									975
股权在未掩盖的联盟的收益								(1,518	)								(1,101	)
Other income, net								(144	)								(241	)
全部的other expense, net								20,851									25,081
Income before income taxes								29,148									43,906
Income tax expense (benefit)								三,382									(167	)
净利润增长								25,766									44,073
Net (income) loss attributable to noncontrolling interests								(663	)								224
归属于Amkor的净收入							$	25,103								$	44,297
归属于Amkor的净收入per common share:
基本的							$	0.13								$	0.24
Diluted							$	0.10								$	0.18
Shares used in computing per common share amounts:
基本的								194,067									18三,226
Diluted								277,585									282,509

AMKOR TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
							3月31日，									December 31,
							2011									2010
							(In thousands, except per share data)
资产
流动资产：
Cash and cash equivalents							$	392,951								$	404,998
Restricted cash								19,712									17,782
应收账款：
贸易，扣除津贴								349,398									三92,327
Other								19,152									17,970
Inventories								185,642									191,072
其他流动资产								43,928									三7,918
流动资产总额								1,010,783									1,062,067
物业、厂房及设备净值								1,558,835									1,537,226
Intangibles, net								12,236									13,524
投资								29,473									28,215
Restricted cash								1,940									1,945
Other assets								88,306									9三,845
全部的assets							$	2,701,573								$	2,736,822
LIABILITIES AND EQUITY
流动负债：
短期借款和长期债务的流动部分							$	1三2,620								$	150,081
Trade accounts payable								406,110									443,333
Accrued expenses								165,388									178,794
全部的current liabilities								704,118									772,208
长期债务								960,908									964,219
长期债务, related party								150,000									250,000
Pension and severance obligations								109,779									103,543
Other non-current liabilities								12,336									10,171
全部的liabilities								1,937,141									2,100,141
股权：
Amkor股东权益：
Preferred stock								-									-
普通股，面值0.001美元，授权500000股，197178
and 183,467 shares issued, and 197,061 and 183,420 shares outstanding,
in 2011 and 2010, respectively								197									18三
Additional paid-in capital								1,607,942									1,504,927
Accumulated deficit								（865,167.	)								(890,270	)
Accumulated other comprehensive income								14,991									15,457
Treasury stock, at cost, 117 and 47 shares in 2011 and 2010, respectively								（862.	)								(284	)
Amkor股东权益合计								757,101									630,013
Noncontrolling interests in subsidiaries								7,331									6,668
权益总额								764,432									636,681
全部的liabilities and equity							$	2,701,573								$	2,736,822

AMKOR TECHNOLOGY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
							For the Three Months
							Ended March 31,
							2011									2010
							(In thousands)
Cash flows from operating activities:
净利润增长							$	25,766								$	44,073
折旧和摊销								8三,442									75,805
Other operating activities and non-cash items								4896年									(1、419	)
Changes in assets and liabilities								6,123									(14,730	)
Net cash provided by operating activities								120,227									103,729
Cash flows from investing activities:
购买物业、厂房及设备								(113,881	)								(67,092	)
Proceeds from the sale of property, plant and equipment								278									三64
从未覆盖的联盟融资付款租赁付款								三,020									4896年
Other investing activities								(1,057	)								(6,168	)
Net cash used in investing activities								(111,640	)								(68,000	)
Cash flows from financing activities:
Borrowings under revolving credit facilities								-									三,261
Payments under revolving credit facilities								-									(34,253	)
Proceeds from issuance of short-term working capital facility								15,000									15,000
Payments of short-term working capital facility								(15,000	)								(15,000	)
从签发长期债务的收益								-									三8,824
Payments of long-term debt								(20,413	)								(13,661	)
Payments for debt issuance costs								-									(166	)
通过股票补偿计划发行股票的收益								627									三99
Payments of minimum tax withholding for restricted shares								(696	)								-
Net cash used in financing activities								（20,482	)								(5,596	)
Effect of exchange rate fluctuations on cash and cash equivalents								(152	)								(66	)
Net (decrease) increase in cash and cash equivalents								(12,047	)								三0,067
期初现金及现金等价物								404,998									三95,406
期末现金及现金等价物							$	392,951								$	425,473

资料来源：Amkbob体彩or Technology，Inc。

Amkor Technology, Inc., Chandler
乔安妮·所罗门
执行副总裁兼首席财务官
480-786-7878
joanne.solomon@www.chenyuhi.com