Amkor and Philips Enter Technology Exchange

September 04, 2001 by Jeff Shepard

Amkor Technology and Philips Semiconductors have entered into a multi-level exchange of technology, a joint development of technology and business-expansion agreements.

The agreement is expected to enable both companies to offer enhanced capabilities to the industry segments that they each serve. Both companies will share IP, process knowledge and patent-pending technologies that are already commercially proven in key industry segments. Additionally, a non-disclosure agreement will enable the partners to develop and offer packaging technology and products.

The technology exchange will develop a series of specific projects that will initially run for three years with the option for renewal.