EXHIBIT 21.1

                             AMKOR TECHNOLOGY, INC.

                              LIST OF SUBSIDIARIES

A.    Amkor Technology Hong Kong, Ltd. a limited liability corporation organized
      under the laws of Hong Kong (incorporated November 1, 2000).
B.    Wafer Fabrication Services SARL, a corporation organized under the laws of
      France.
C.    60% ownership in Amkor/Iwate, KK, a corporation incorporated under the
      laws of Japan.
D.    13% ownership in Amkor Technology Taiwan (Linkou), Ltd., a corporation
      organized under the laws of the Republic of China (acquired July 26, 2001)
E.    Amkor Assembly and Test (Shanghai) Co., Ltd., a wholly owned corporation
      organized under the laws of the Republic of China (incorporated March 8,
      2001)
F.    Amkor Investments Holdings, Co. - a Delaware Corporation (incorporated
      September 26, 2002)
G.    Guardian Assets, Inc., a Delaware corporation, and its wholly owned
      subsidiaries:
      1)    Amkor Technology Euroservices SARL, a corporation organized under
            the laws of France.
      2)    Amkor Technology Japan, KK., a corporation organized under the laws
            of Japan (incorporated July 23, 1999).
      3)    Amkor International Holdings, a corporation organized under the laws
            of the British Cayman Islands, and its wholly owned subsidiary:
            a)    P-Four, Inc., a corporation organized under the laws of the
                  Philippines and its subsidiary:
                  (i)   60% ownership of Amkor Technology Philippines, Inc.,
                        organized under the laws of the Philippines (40%
                        ownership by Amkor Technology Limited):
            b)    Amkor Technology, Limited, a wholly owned corporation
                  organized under the laws of the British Cayman Islands; and
                  its subsidiary:
                  (i)   AT Korea , a wholly owned corporation organized under
                        the laws of the Republic of Korea.
                  (ii)  SemiSys Co., Ltd., a wholly owned corporation organized
                        under the laws of the Republic of Korea.
                  (iii) 40% ownership of Amkor Technology Philippines Inc.,
                        organized under the laws of the Philippines (60%
                        ownership by P-Four, Inc.).
                  (iv)  84% ownership of Amkor Technology Taiwan (Linkou), Ltd.,
                        a corporation organized under the laws of the Republic
                        of China (acquired July 26, 2001)
                  (v)   98% ownership in Amkor Technology Taiwan (Lung Tan).
                        Ltd., a corporation organized under the laws of the
                        Republic of China (acquired July 10, 2001)
                  (a)   Amkor Greater China, Ltd. (formerly Sampo Investments,
                        Ltd.), a corporation organized under the laws of the
                        Republic of China (acquired July 10, 2001)