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Amkor Technology Announces Comprehensive Settlement with Tessera

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CHANDLER, Ariz.--(BUSINESS WIRE)--Amkor Technology, Inc. (NASDAQ: AMKR) today announced the settlement of its outstanding litigation and arbitration proceedings with Tessera, Inc. Under the terms of the settlement, Amkor has agreed to pay Tessera a total of $155 million in equal quarterly installments over the next four years, and the parties have agreed to a mutual release and dismissal of all claims relating to their pending litigation and arbitration proceedings, including the previously awa

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