Magnachip to Host 2012 USA Foundry Technology Symposium May 3rd in Santa Clara, California

SEOUL, South Korea and CUPERTINO, Calif., April 16, 2012 – MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today, announced that it will host its 2012 foundry technology symposium in Santa Clara, Calif., on Thursday, May 3.

The 2012 foundry symposium will provide participants with an in-depth understanding of MagnaChip’s manufacturing services (foundry) business, its distinct specialty manufacturing processes, its technology roadmap, and current and future semiconductor and foundry trends.

MagnaChip will provide an in-depth overview of its specialty process technologies and will highlight its technology portfolio and roadmap including such applications as mixed-signal, power and high voltage CMOS as well as non-volatile memory targeted at smartphones, tablet PCs and Ultrabooks. MagnaChip will also feature its value-added, on-line customer service tool known as “iFoundry” at the symposium.

The keynote speaker for this event, from IHS iSuppli, will deliver an update on semiconductor and foundry market trends. Also presenting at the symposium will be guest speakers from Cirrus Logic, Peregrine Semiconductor and Synopsys presenting Why Smart Power Craves Mixed Signal Solutions, SOS Process and its Application, and Analog and Digital Cross Roads, respectively. More than one hundred fabless and other semiconductor companies are expected to attend MagnaChip’s 2012 USA Technology Symposium.

“We are very pleased to be able to host the 2012 MagnaChip foundry symposium in Taiwan and the United States this year,” said Namkyu Park, Vice President of MagnaChip’s Foundry Marketing. “Our goal is to provide valuable insight into MagnaChip’s specialty process technologies and global semiconductor and foundry trends to our participants,” he added.

Attendance is open to all interested fabless and other semiconductor company participants. To sign up for the USA foundry technology symposium and for more details, please contact Joshua Jung of MagnaChip Semiconductor at joshua.jung@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, 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. 408-625-1262
robert.pursel@magnachip.com

In Korea:

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