Amkor & Fujitsu Announce Factory Outsourcing Venture

4/23/2002 - Amkor Technology, Inc. (Nasdaq: AMKR) and Fujitsu Limited (TSE: 6702) have signed a non-binding memorandum of understanding calling for Amkor's staged equity purchase of Fujitsu's semiconductor assembly and test operation located in Kagoshima, Japan. The agreement would significantly enhance Amkor's penetration of the Japanese market for outsourced semiconductor assembly and test while enabling Fujitsu to improve production competitiveness and focus on its core business operations.

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