(January 6, 2004) Chandler, Ariz.—Amkor Technology Inc. recently completed the acquisition of its semiconductor assembly and test joint venture with Toshiba by purchasing Toshiba’s 40 percent interest in Amkor Iwate Co. Ltd. for around $14 million. The buyout is being executed according to the schedule agreed by Amkor and Toshiba when the original deal was signed three years ago. The $14 million includes a payment of $2 million to terminate a commitment to purchase a tract of land adjacent to the Amkor Iwate facility.
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