Amkor Technology's Executive Chairman James J. Kim to Retire, Susan Y. Kim Appointed as New Chairman

James J. Kim's Retirement

Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, has announced that James J. Kim will retire from his position as Executive Chairman of the Board, effective May 16, 2023 1

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. Mr. Kim, who founded the company in 1968, has played a pivotal role in Amkor's growth and success over the past five decades 2

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Susan Y. Kim's Appointment as Chairman

Following James J. Kim's retirement, the Board of Directors has appointed Susan Y. Kim as the new Chairman of the Board 3

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. Ms. Kim, who has been serving as a member of Amkor's Board since 2019, brings extensive experience and knowledge of the company to her new role. Her appointment marks a significant milestone in Amkor's leadership transition.

James J. Kim's Legacy

During his tenure, James J. Kim has been instrumental in transforming Amkor from a small business into a global leader in the semiconductor industry. Under his leadership, the company has grown to become one of the world's largest providers of outsourced semiconductor packaging and test services 1

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. Mr. Kim's vision and entrepreneurial spirit have been crucial in navigating the company through various industry cycles and technological advancements.

Impact on Amkor Technology

The retirement of James J. Kim and the appointment of Susan Y. Kim as the new Chairman represent a significant change in Amkor's leadership structure. This transition comes at a time when the semiconductor industry is facing both challenges and opportunities, including supply chain disruptions and increasing demand for advanced packaging solutions 2

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Industry Implications

Amkor's leadership change occurs against the backdrop of a rapidly evolving semiconductor industry. As a major player in the packaging and test services sector, any shifts in Amkor's strategy or operations could have ripple effects throughout the supply chain. The appointment of Susan Y. Kim may bring fresh perspectives to the company's approach to emerging technologies and market trends 3

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Looking Ahead

As Amkor Technology enters this new chapter, the industry will be watching closely to see how the company adapts to changing market dynamics under its new leadership. The transition from James J. Kim to Susan Y. Kim as Chairman marks not only a change in personnel but potentially a new era for the company's strategic direction and growth initiatives in the competitive semiconductor landscape.