STATS ChipPAC Pte. Ltd. (“STATS ChipPAC” or the “Company”), a provider of advanced semiconductor packaging and test services, announced Friday that the Board of Directors of its holding company, Jiangsu Changjiang Electronics Technology Co., Ltd (‘JCET’) has appointed Dr. Lee Choon Heung as Chief Executive Officer (‘CEO’) for JCET Group, as well as Chief Executive Officer and Chairman for STATS ChipPAC.

Dr. Lee brings to JCET a wealth of expertise and veteran leadership with 20 years of extensive semiconductor packaging and test experience. Dr. Lee served in several senior management positions at Amkor Technology Inc. including head of their R&D centre, head of global procurement, group vice president, senior vice president and Chief Technology Officer. Dr. Lee, holds a Ph.D. in Theoretical Solid State Physics from Case Western Reserve University, currently holds 59 industry patents, and has published 19 academic papers around the world.

“We are excited about the opportunity to bring on board an industry leader of the calibre of Dr. Lee Choon Heung as our new JCET Group CEO,” stated JCET Chairman, Mr. Wang Xinchao. “We are confident in his ability to lead JCET as we continue our growth in both technology and scale moving forward,” continued Mr. Wang. Mr. Wang will continue in his role as Chairman of JCET Group.

The JCET Board of Directors and the management team also expressed their utmost gratitude and appreciation to Dr. Han Byung Joon and Mr. Lai Chih-Ming for their outstanding leadership and valuable contributions during their tenure at STATS ChipPAC. Dr. Han is resigning as chairman of the board of STATS ChipPAC. Mr. Lai will now serve in a new role as executive vice president of JCET Group.