As part of the deal, Honeywell will acquire manufacturing operations in Thailand, which Honeywell Electronic Materials and IPT established in 2003 exclusively for the manufacture of heat spreaders. Financial terms of the deal were not disclosed.
(April 28, 2004) Chandler, Ariz.—Amkor Technology Inc. reported first quarter sales of $465 million, up 1 percent sequentially, and up 36 percent over the first quarter of 2003. Amkor’s first quarter net income was $12 million, or $0.07 per share, compared with $15 million, or $0.09 per share, in the first quarter of 2003.