SEOUL, South Korea and CUPERTINO, Calif., Nov. 25, 2013 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that it now offers 0.35um and 0.18um standard multiple-time programmable intellectual property (MTP-IP) devices jointly developed with Yield Microelectronics Corporation (YMC) of Taiwan.

This MTP-IP developed in MagnaChip’s 0.35um BCD process and 0.18um BCD and mixed-signal process covers several standard memory cell sizes and is well suited for embedded applications such as Display, PMIC and LED controllers. By adding YMC’s leading-edge MTP-IP to MagnaChip’s existing NVM (non-volatile memory) portfolio, MagnaChip can provide enhanced foundry services to its global customers who stand to benefit from an IC design that incorporates next generation, low current embedded NVM performance.

This new MTP-IP solution provides high performance and reliability for the most stringent customer applications and covers a wide range of multiple-time programmable memory densities needed in the market.

Namkyu Park, Senior Vice President of Foundry Marketing for MagnaChip’s Semiconductor Manufacturing Services Division commented, “We are very pleased to have jointly developed this new MTP-IP with YMC, a leading IP solutions provider and MagnaChip partner in Taiwan. Our continued focus is to offer cost-effective, high-performance NVM solutions to meet the increasing application-specific needs of our BCD and mixed-signal foundry customers.”

Mr. Lin Hsin-Chang, Vice President of YMC, said, “Through a unique patented technology of memory components and mode of operation, the silicon IP jointly developed with MagnaChip successfully passed rigorous verification and reliability testing. This high-performance, high-reliability embedded non-volatile memory solution is now available and targeted for use by power management, microcontroller, touch controller and many other chip suppliers. By using this jointly developed MTP-IP, customers can enhance their overall product performance by greatly improving chip functionality while also reducing costs by shrinking the chip size.”

About MagnaChip Semiconductor
Headquartered in South Korea, MagnaChip Semiconductor is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications. MagnaChip Semiconductor believes it has one of the broadest and deepest range of analog and mixed-signal semiconductor platforms in the industry, supported by its 30-year operating history, a large portfolio of registered and pending patents, and extensive engineering and manufacturing process expertise. For more information, please visit www.magnachip.com.

About Yield Microelectronics Corporation
Yield Microelectronics Corporation (YMC), located in Taiwan’s Chu-Pei city, is a specialized embedded logic multiple-time non-volatile memory (NVM) IP provider. YMC’s innovative NVM MTP-IP products are licensed to design houses and semiconductor foundries, allowing them to integrate crucial non-volatile memory with analog and digital functionality on a single chip. YMC’s NVM IP is characterized by its competitive cell and macro size, adopts logic-based architecture and features the scalability and ease of porting for different technologies and processes such as logic, high-voltage, mixed-mode, bipolar-CMOS-DMOS and many others. For more information, please visit www.ymc.com.tw.

CONTACTS:

In the United States:
Robert Pursel
Director of Investor Relations
Tel. +1-408-625-1262
robert.pursel@magnachip.com

In Korea:
Chankeun Park
Senior Manager, Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com

SEOUL, South Korea and CUPERTINO, Calif., Nov. 19, 2013 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that it has extended the expiration date of its offer to exchange up to $225,000,000 of new 6.625% Senior Notes due 2021 (the “new notes”) that have been registered under the Securities Act of 1933 for an equal amount of outstanding unregistered 6.625% Senior Notes due 2021 (the “old notes”). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on November 19, 2013, unless further extended.

The exchange offer was originally set to expire at 5:00 p.m., New York City time, on November 18, 2013. As of this date, tenders of $223,965,000 aggregate principal amount, or 99.54%, of the old notes have been received pursuant to the exchange offer. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated October 18, 2013.

This press release is not an offer to exchange the new notes for the old notes or the solicitation of an offer to exchange, which we are making only through the exchange offer prospectus.

About MagnaChip Semiconductor Corporation
Headquartered in South Korea, MagnaChip is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high-volume consumer applications.

CONTACTS:

In the United States:
Robert Pursel
Director of Investor Relations
Tel. +1-408-625-1262
robert.pursel@magnachip.com

In Korea:
Chankeun Park
Senior Manager, Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com

Magnachip to Present and Discuss Growth Opportunities and Strategies at the UBS Global Technology Conference

 

SEOUL, South Korea and CUPERTINO, Calif., Nov. 12, 2013 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that management will be presenting and discussing the company’s growth opportunities and strategies at the UBS Global Technology Conference in Sausalito, California.

The presentation is scheduled for November 19, 2013 at 8:30 a.m. PST. Presenting is Margaret Sakai, EVP and CFO, and Brent Rowe, EVP of Worldwide Sales. The live and archived webcast will be available on MagnaChip’s investor relations website at www.magnachip.com.

About MagnaChip Semiconductor
Headquartered in South Korea, MagnaChip Semiconductor is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications. MagnaChip Semiconductor believes it has one of the broadest and deepest range of analog and mixed-signal semiconductor platforms in the industry, supported by its 30-year operating history, a large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise. For more information, please visit www.magnachip.com.

CONTACTS:

In the United States:
Robert Pursel
Director of Investor Relations
Tel. +1-408-625-1262
robert.pursel@magnachip.com

In Korea:
Chankeun Park
Senior Manager, Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com