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Technology Stocks : Amkor Technology Inc (AMKR) -- Ignore unavailable to you. Want to Upgrade?

To: davidtrx who wrote (1036)	12/6/2004 12:30:54 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 1056

Amkor Reports Favorable Verdict in Philips Litigation Online staff -- Electronic News, 12/3/2004 Amkor Technology Inc. has received a favorable jury verdict in its trial with Royal Philips Electronics in which it was sued along with Sumitomo Bakelite Co. for failure of certain semiconductor chips sold by Philips to Maxtor Corp., the company announced late Thursday. Following a six-week trial, the jury found that Amkor did not have liability under Philips’ earlier settlement with Maxtor. “We are pleased that the jury in this case recognized that Amkor was not responsible for the failure of semiconductor chips sold by Philips containing mold compound manufactured by Sumitomo,” said John Boruch, president and COO at Chandler, Ariz.-based Amkor, in a statement. “The verdict supports the position we have taken since the beginning of this litigation, in that Amkor abided by all industry practices to ensure customer qualification in this mold compound. It is Amkor’s hope that the result in this case will have a positive effect in resolving the remaining claims arising from the Sumitomo mold compound.” In July, Amkor’s the legal battle with Philips had taken a frustrating turn when the California Superior Court set aside a settlement agreement between the companies. Philips was not available for comment.