News Summary

• Arizona-based company has engaged an adviser to prepare a carveout and gauge buyer interest.
• Amkor established its Shanghai presence in 2001 and expanded three years later by acquiring a semiconductor facility in the city from IBM.
• The company signed a $1.5bn multiyear agreement with Nvidia to develop advanced packaging and testing for the next generation of AI and accelerated-computing chips.
• It is building a sizeable advanced-packaging plant in Arizona to do much of that work on American soil.