6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2007

Commission File Number: 000-29103

STATS CHIPPAC LTD.

(Translation of registrant’s name into English)

10 Ang Mo Kio Street 65
#05-17/20 Techpoint
Singapore 569059
(65) 6824-7777

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
þ   Form 20-F          o   Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):   o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):   o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:   o   Yes          þ   No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    Not applicable.   

TABLE OF CONTENTS

EX-99.1 CORPORATE RELEASE OF THE COMPANY DATED AUGUST 24, 2007

Other Events

Resignation of certain directors

     The following directors of STATS ChipPAC Ltd. (the “Company”) resigned as members of the Board with effect from August 24, 2007:

(1)	Mr. Lim Ming Seong;
(2)	Mr. Steven H. Hamblin;
(3)	Mr. Richard J. Agnich;
(4)	Dr. Park Chong Sup; and
(5)	Dr. Robert W. Conn.

On August 24, 2007, the Company issued a corporate release announcing the resignation of these five directors. The Company’s corporate release with the announcement is attached hereto as Exhibit 99.1.

Audit Committee

     Messrs. Hamblin and Agnich were members of the Company’s Audit Committee. They ceased to be members of the Audit Committee following their resignations as directors of the Company with effect from August 24, 2007. Mr. Teng Cheong Kwee and Mr. Tokumasa Yasui were appointed members of the Audit Committee with effect from August 24, 2007. Accordingly, the Audit Committee now comprises Mr. Douglas R. Norby (Chairman), Mr. Teng and Mr. Yasui.

Executive Resource and Compensation Committee

     With effect from August 24, 2007, Mr. Teng ceased to be a member of the Executive Resource and Compensation Committee and Mr. Norby was appointed a member of the Executive Resource and Compensation Committee. Accordingly, the Executive Resource and Compensation Committee now comprises Mr. Charles R. Wofford (Chairman), Mr. Peter Seah Lim Huat and Mr. Norby.

Nominating and Corporate Governance Committee

     Mr. Agnich was a member of the Nominating and Corporate Governance Committee. He ceased to be a member of the Nominating and Corporate Governance Committee following his resignation as a director of the Company with effect from August 24, 2007. Mr. Teng was appointed a member of the Nominating and Corporate Governance Committee with effect from August 24, 2007. Accordingly, the Nominating and Corporate Governance Committee now comprises Mr. Wofford (Chairman), Mr. Seah and Mr. Teng.

Executive Committee

     Mr. Hamblin was a member of the Executive Committee. He ceased to be a member of the Executive Committee following his resignation as a director of the Company with effect from August 24, 2007. Mr. Phoon Siew Heng was appointed a member of the Executive Committee with effect from August 24, 2007. Accordingly, the Executive Committee now comprises Mr. Wofford (Chairman), Mr. Teng and Mr. Phoon.

Budget Committee

     Mr. Lim, Dr. Park and Dr. Conn were members of the Company’s Budget Committee. The Budget Committee was dissolved following their resignations as directors of the Company with effect from August 24, 2007.

Exhibit

99.1 Corporate release of the Company dated August 24, 2007.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 24, 2007

STATS CHIPPAC LTD.
By:	/s/ Tan Lay Koon
Name:	Tan Lay Koon
Title:	President & Chief Executive Officer
By:	/s/ Tham Kah Locke
Name:	Tham Kah Locke
Title:	Acting Chief Financial Officer

EXHIBIT INDEX

99.1 Corporate release of the Company dated August 24, 2007.

EX-99.1

Exhibit 99.1

CORPORATE RELEASE

STATS ChipPAC Announces Resignation of Directors

United States — 8/24/2007, Singapore — 8/24/2007 — STATS ChipPAC Ltd. (“STATS ChipPAC” or the “Company” — NASDAQ: STTS and SGX-ST: STATSChP), a leading independent semiconductor test and advanced packaging service provider, today announced the resignation of the following directors with effect from August 24, 2007:

(a)	Mr. Lim Ming Seong;
(b)	Mr. Steven H. Hamblin;
(c)	Mr. Richard J. Agnich;
(d)	Dr. Park Chong Sup; and
(e)	Dr. Robert W. Conn

“On behalf of the Board, I would like to express our appreciation to Ming Seong, Steve, Dick, CS Park and Bob for their past contribution to the Board. They have played a key role in the transformation and success of the Company. Their active contribution to deliberations at the Board and their insights, experience and wise counsel will be missed,” said Charles Wofford, Chairman of STATS ChipPAC.

About STATS ChipPAC Ltd.

STATS ChipPAC Ltd. (“STATS ChipPAC” or the “Company” — NASDAQ: STTS and SGX-ST: STATSChP) is a leading service provider of semiconductor packaging design, assembly, test and distribution solutions. A trusted partner and supplier to leading semiconductor companies worldwide, STATS ChipPAC provides fully integrated, multi-site, end-to-end packaging and testing solutions that bring products to the market faster. Our customers are some of the largest wafer foundries, integrated device manufacturers (IDMs) and fabless companies in the United States, Europe and Asia. STATS ChipPAC is a leader in mixed signal testing and advanced packaging technology for semiconductors used in diverse end market applications including communications, power, digital consumer and computing. With advanced process technology capabilities and a global manufacturing presence spanning Singapore, South Korea, China, Malaysia and Taiwan, STATS ChipPAC has a reputation for providing dependable, high quality test and packaging solutions. The Company’s customer support offices are centered in the United States (California’s Silicon Valley, Arizona, Texas, Massachusetts, Colorado and North Carolina). Our offices outside the United States are located in South Korea, Singapore, China, Malaysia, Taiwan, Japan, the Netherlands and United Kingdom. STATS ChipPAC’s facilities include those of its subsidiary, Winstek Semiconductor Corporation, in Hsinchu District, Taiwan. These facilities offer new product introduction support, pre-production wafer sort, final test, packaging and other high volume preparatory services. Together with our research and development centers in South Korea, Singapore, Malaysia, China, Taiwan and the United States as well as test facilities in the United States, this forms a global network providing dedicated test engineering development and product engineering support for customers from design to volume production. STATS ChipPAC is listed on both the Nasdaq Stock Market (NASDAQ) and the Singapore Exchange Securities Trading Limited (SGX-ST). In addition, STATS ChipPAC is also included in the Morgan Stanley Capital International (MSCI) Index. Further information is available at www.statschippac.com. Information contained in this website does not constitute a part of this release.

	STATS ChipPAC Ltd.
	Company Registration No.: 199407932D
	Headquarters: 10 Ang Mo Kio Street 65, #05-17/20 Techpoint,
	Singapore 569059
	www.statschippac.com

Singapore Contact:

Tham Kah Locke
Vice President, Corporate Finance
Tel: (65) 6824 7788, Fax: (65) 6720 7826
email: kahlocke.tham@statschippac.com

US Contacts:

Lisa Lavin
Marcom Manager
Tel: (208) 939 3104, Fax: (208) 939 4817
email: lisa.lavin@statschippac.com

The Ruth Group
David Pasquale — Executive Vice President
Tel: (646) 536 7006
email: dpasquale@theruthgroup.com

	STATS ChipPAC Ltd.
	Company Registration No.: 199407932D
	Headquarters: 10 Ang Mo Kio Street 65, #05-17/20 Techpoint,
	Singapore 569059
	www.statschippac.com