AMKR Technology (AMKR.US) plans to sell its equity in Chinese operations, with a valuation potentially reaching $1.5 billion.

According to informed sources, global outsourcing semiconductor packaging and testing giant Amkor Technology (AMKR.US) is considering a strategic adjustment to its China operations, including options such as selling a portion of its equity. The company, headquartered in Tempe, Arizona, has hired consulting firms to assist with the preparation for the separation of this business unit and is gauging preliminary interest from potential buyers.