Month: April 2016

SEOUL, South Korea and SAN JOSE, Calif., April 25, 2016 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that it is now shipping its e-Compass sensor (MXG2320) in China to a major smartphone manufacturer that is targeting mobile markets in China and India.

MagnaChip’s MXG2320 e-Compass product is a Hall effect magnetic direction sensor. The MXG2320 supports high resolution (0.6uT/bit) at low voltage (1.8V/3.3V) and is well-suited for mobile applications because of its small die size (1.2mmX1.2mm). The e-Compass design win in China is recognition of MagnaChip’s mixed-signal design and manufacturing expertise and reflects the potential for future design-win opportunities for its entire line of sensor products.

In addition to the MXG2320, MagnaChip is in the final development stages of a buffer-embedded, e-Compass sensor with the smallest footprint (1.2mmX0.8mm) currently available in the market. This product is now undergoing beta testing and is being evaluated for use by a major smartphone manufacturer.

The e-Compass has become an essential part of mobile device applications and has now found its way into new applications such as virtual reality, indoor navigation and drone control. An e-Compass sensor interprets compass direction through the detection of the earth’s magnetic polar fields.

“MagnaChip has been developing e-Compass and other sensor products for mobile applications as part of its strategy to target emerging growth markets,” said YJ Kim, CEO of MagnaChip Semiconductor. “I am very pleased to say that this e-Compass design win is very significant because it marks the beginning of our expansion into the China mobile market with our line of sensor products.”

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. MagnaChip believes it has one of the broadest and deepest ranges 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. Information on or accessible through, MagnaChip’s website is not a part of, and is not incorporated into, this release.

CONTACTS

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

In Korea:
Chankeun Park
Director of Public Relations
Tel. +82-3-6903-3195
chankeun.park@magnachip.com

SEOUL, South Korea and SAN JOSE, Calif., April 6, 2016 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it will host its Annual U.S. Foundry Technology Symposium at Levi’s Stadium in Santa Clara, CA on May 10th and at the Driskill Hotel in Austin, TX on May 12th, 2016.

The primary purpose of the Foundry Technology Symposium is to showcase MagnaChip’s most up-to-date technology offerings and to provide an in-depth understanding of MagnaChip’s manufacturing capabilities, its specialty technology processes, target applications and end-markets. Furthermore, during the symposium, MagnaChip plans to discuss current and future semiconductor foundry business trends, and also cover presentations in key markets through guest speeches.

While providing an in-depth overview of its specialty process technologies, MagnaChip will also highlight its technology portfolio and its future roadmap, including technologies such as mixed-signal, which supports technologies in the Fingerprint Sensor IC and the Internet of Things (IoT) sector, Bipolar-CMOS-DMOS (BCD) for high-performance analog and power management applications, Ultra-High Voltage (UHV) and Non-Volatile Memory (NVM). In addition, MagnaChip will present its technologies used in applications including smartphones, tablet PCs, automotive, industrial, LED lighting and the wearables segments. MagnaChip will also review its customer-friendly design environment and an on-line customer service tool known as “iFoundry”.

“We are very pleased to host MagnaChip’s Annual Foundry Technology Symposium in the US again this year,” said YJ Kim, Chief Executive Officer of MagnaChip. “We plan to offer participants an opportunity to better understand the foundry and the application market dynamics, and to provide insights into MagnaChip’s specialty process technologies.”

More than one hundred fabless companies, IDMs (Integrated Device Manufacturers) and other semiconductor companies are expected to attend the two events. To sign up for MagnaChip’s Annual Foundry Technology Symposium in Santa Clara and Austin, and for more details regarding the symposium, please visit www.magnachip.com or ifoundry.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 ranges 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
Director of Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com

SEOUL, South Korea and SAN JOSE, Calif., April 4, 2016 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that MagnaChip was selected for “The Best Cooperative Partner Award” by Sitronix Technology, a leading fabless IC company based in Taiwan.

The business relationship with Sitronix has a long history with MagnaChip having been chosen as their foundry to provide wafer manufacturing services for eBook MCUs and display driver ICs applications. More recently, the product mix has expanded to include small TFT panel driver ICs for feature phones and large TFT panel driver ICs. The total cumulative volume of wafers shipped to Sitronix has surpassed the 1 million mark, a significant milestone indicating the strategic importance of the on-going business relationship for both companies.

“We strongly believe that the continued support from MagnaChip has helped us grow our business to where we are today,” said Vincent Mao, Chairman and Chief Executive Officer of Sitronix. “We look forward to continuing our business relationship while continuously finding areas to collaborate in the future.”

“I am very pleased that MagnaChip was honored with the Best Cooperative Partner Award from our important business partner, Sitronix Technology,” said YJ Kim, Chief Executive Officer of MagnaChip. “We are committed to Sitronix and all our business partners to find areas where we can participate in technological development and product growth to provide leading-edge customer solutions.”

About Sitronix
Sitronix Technology Corporation (TWSE: 8016) is a Taiwan-based fabless semiconductor company that primarily focuses on display driver ICs (DDIs) for entry-level mobile phones, industrial displays, and automotive systems. Sitronix is the feature phone DDI market leader with a global footprint spanning Latin America, Southeast Asia, Africa and other regions. In recent years, the company has also seen tremendous growths in its smartphone and sensor businesses.

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 ranges 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
Director of Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com