Amkor Technology News

Amkor Technology Inc., a semiconductor test and packaging firm, has made public that it took a $4 million charge in 4Q11 for restructuring costs associated with reduction in its workforce.

Semiconductor test and packaging house Amkor Technology Inc. Thursday revealed that it took a $4 million charge in the fourth quarter of 2011 for restructuring costs associated with reduction in its workforce.

Shares of Amkor Technology are higher on the session by 1.45%, currently trading at $6.30. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day moving average.

CHANDLER, Ariz. -- -- Amkor Technology, Inc. , a leading provider of semiconductor packaging and test services, today announced financial results for the fourth quarter ended December 31, 2011, with net sales of $684 million, net income of $25 million, and earnings per diluted share of $0.11. For the full year 2011, Amkor reported net sales of ... (more)

Amkor Technology, Inc. , a leading provider of semiconductor assembly and test services, today announced that it will issue its financial results for the fourth quarter and full year 2011 after the close of trading on the NASDAQ Global Select Market on Thursday, February 9, 2012.

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