SEOUL, South Korea and
SAN JOSE, Calif., Sept. 7, 2016 /PRNewswire/ -- MagnaChip
Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based
designer and manufacturer of analog and mixed-signal semiconductor
products, announced today it has begun volume production of a Power
Management IC (PMIC) designed by Himax, a Taiwanese leading fabless
company, using MagnaChip's specialty 0.18 micron BCD (Bipolar
CMOS-DMOS) technology process.
MagnaChip collaborated on the PMIC product development with
Himax, as both companies plan to expand their presence in the PMIC
market. The collaboration follows a similar joint development
effort based on MagnaChip's mature and highly reliable BCD process
technology with a major U.S. fabless company. PMIC is a
semiconductor that manages and supplies stable power to core chips
such as display driver ICs and timing controllers used in digital
TVs and monitors.
MagnaChip supported Himax's product design by providing various
process technology options and third-party intellectual property
(IP). Volume production commenced approximately one year after
the database tapeout of the product, making it possible for Himax
to meet its time-to-market goals. With production already underway
with Himax, MagnaChip is now engaged on a second product
development project with Himax.
"We are pleased to jointly develop and start mass production of
a Power Management IC with Himax, a leading fabless company in
Taiwan" said YJ Kim, Chief
Executive Officer of MagnaChip. "Our collaboration with Himax
is part of our strategy to grow together with our customers by
using our deep experience in product design and specialty process
technologies. MagnaChip and Himax will continue to build on our
working relationship and reinforce mutual cooperation in the PMIC
market for the future."
About MagnaChip Semiconductor Corporation
MagnaChip is
a Korea-based designer and manufacturer of analog and mixed-signal
semiconductor products for high-volume consumer, communication,
industrial and computing applications. The Company's Display
Solutions, Power Solutions, and Foundry Services Groups provide a
broad range of standard products and manufacturing services to
customers worldwide. MagnaChip owns a portfolio of more than 3,500
registered and pending patents, and has extensive engineering,
design and manufacturing process expertise resulting from its
30-year operating history.
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:
Bruce
Entin
Entin
Consulting
Tel.
+1-408-625-1262
Investor.relations@magnachip.com
|
In
Korea:
Chankeun
Park
Director of Public
Relations
Tel.
+82-2-6903-3195
chankeun.park@magnachip.com
|
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SOURCE MagnaChip Semiconductor Corporation