SEOUL, South Korea, Jan. 20, 2021 — Magnachip Semiconductor Corporation (“Magnachip”) (NYSE: MX) announced today it will report its results for the fourth quarter and year ended December 31, 2020 on Wednesday, February 17, 2021 after the close of market. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results.

 

 

The conference call will be webcast live and also is available by dialing toll-free at 1-844-536-5472 in US/Canada. International call-in participants can dial 1-614-999-9318. The conference ID number is 6298187. Participants are encouraged to initiate their calls at least 10 minutes in advance of the start time to ensure a timely connection. A live and archived webcast of the conference call and a copy of earnings release will be accessible from the ‘Investors’ section of the company’s website at www.magnachip.com.

A replay of the conference call will be available until 8:00 p.m. ET on February 24, 2021. The replay dial-in numbers are 1-404-537-3406 or toll-free at 1-855-859-2056. The conference ID number is 6298187.

 

About Magnachip Semiconductor

Magnachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, Magnachip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.magnachip.com for more information. Information on or accessible from Magnachip’s website is not a part of, and is not incorporated into, this release.

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
Korea / Asia media:
Min A KIM
Senior manager of Public Relations
Tel. +82-2-6903-3392
mina3.kim@maganachip.com

 

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Magnachip to Announce Fourth Quarter and Year 2020 Financial Results on February 17

SEOUL, South Korea, January 4, 2021 — Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced that members of executive management team will host one-on-one meetings at the 23rd Annual Needham Growth Conference on Tuesday, January 12 and Wednesday, January 13, 2021.  Management is also scheduled to participate in a fireside chat on Tuesday, January 12 at 8:30 am ET.

A live webcast of the fireside discussion will be accessible via the “Investor” section of the Company’s website at www.magnachip.com.

 

About Magnachip Semiconductor

Magnachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, Magnachip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.magnachip.com for more information. Information on or accessible from Magnachip’s website is not a part of, and is not incorporated into, this release.

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
Korea / Asia media:
Min A KIM
Senior manager of Public Relations
Tel. +82-2-6903-3392
mina3.kim@maganachip.com

Symbolizes Magnachip’s profound commitment to technology advancement and customer support

SEOUL, South Korea, December 30, 2020 — Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today unveiled its new brand identity, designed to highlight the company’s fresh start as a pure-play standard products company participating in the fast-growing, attractive Display and Power markets. Magnachip enters this new chapter of growth with a sharpened focus, renewed energy and clear mission of empowering the makers of tomorrow by accelerating the advancement of technology.

 

 

Over the past years, Magnachip has emerged as a significant supplier of choice for industry-leading technology companies in Display and Power markets based on a pioneering portfolio of premium products that have moved well beyond niche opportunities. The structural change into a fab-lite, pure-play standard products company significantly strengthens Magnachip’s operational and financial foundation, which in turn will fuel innovation, propel growth and enhance responsiveness to customer requirements.

“I am proud of our amazing team at Magnachip, who have delivered a successful transformation while weathering unprecedented challenges presented by the COVID-19 pandemic,” said YJ Kim, Magnachip’s chief executive officer. “This structural change is an integral part of the new Magnachip, and the new brand identity symbolizes our profound commitment to technology advancement and customer support. From consumer electronics to industrial devices, our innovations improve the way people live, work, play and communicate. Together with our customers, we’re powering the technology the world loves. Magnachip is Powering Magnificent Moments.”

 

About Magnachip Semiconductor

Magnachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, Magnachip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.magnachip.com for more information. Information on or accessible from Magnachip’s website is not a part of, and is not incorporated into, this release.

 

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
Korea / Asia media:
Min A KIM
Senior manager of Public Relations
Tel. +82-2-6903-3392
pr@maganachip.com

 

SEOUL, South Korea, Dec. 17, 2020 — Magnachip Semiconductor Corporation (“Magnachip”) (NYSE: MX), announced today a new line of power management integrated circuit (PMIC) by introducing its first UHD display panel PMIC for laptops.

PMICs are integrated circuits that include multiple power management functions within a single chip, and they are frequently used to power space-constrained devices where high-efficient and compact form factors are required. They are essential for battery-operated devices since the battery life depends on the efficiency of the PMIC’s power management capabilities.

Magnachip entered the market ten years ago, and since then it has developed and delivered industry-leading PMIC products for a variety of applications, including BLU drivers for TVs and AC Directs for LED lighting. Today, Magnachip’s PMICs are widely recognized in the industry for their advanced technology and outstanding quality. The newly released UHD display panel PMIC for laptops incorporates the company’s latest PMIC technologies.

For instance, the new PMIC controls electricity consumption through I2C (Inter-Integrated Circuit) technology, which ensures that functions such as dynamic voltage management, on/off block, protection circuit fault flag and switching frequency transition in UHD display panels are performed seamlessly.

The new PMIC is a monolithic IC which includes one boost regulator for the power supply to source and gate drivers, three high-current buck regulators for power supply to a timing controller, two Op-Amp for gamma buffer and one each positive and negative charge pumps. This level of integration results in smaller and faster electronic circuits. Other features include fast transient response and enhanced circuit protection measures.

Therefore, the new PMIC can help address changes in current consumption and protects devices from damage with functions such as: over voltage protection, short circuit protection, under voltage lockout, over current detection, over current limit and thermal shutdown. In addition, the new PMIC also offers constant current mode and dynamic switching frequency, which gives product designers more flexibility in meeting specific requirements of application.

“PMIC design requires sophisticated technologies and we are proud to unveil our new PMIC for laptops, which incorporates our 10 years’ experience and technology leadership in the industry,” said YJ Kim, CEO of Magnachip. “Our product roadmap will include possible expansion of our portfolio to address specialized display requirements from the tablet and OLED TV manufacturers, both of which are high growth potential markets.”

 

About Magnachip Semiconductor

Magnachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, Magnachip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.magnachip.com for more information. Information on or accessible from Magnachip’s website is not a part of, and is not incorporated into, this release.

 

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
USA media / industry analysts:
Mike Newsom
LouVan Communications, Inc.
Tel. +1-617-803-5385
mike@louvanpr.com
Korea / Asia media:
Min A KIM
Senior manager of Public Relations
Tel. +82-2-6903-3392
pr@maganachip.com

 

In the Media

Cision PR Newswire: news distribution, targeting and monitoring home     MagnaChip Introduces First Power Management IC for Laptops with UHD Display Panels

Home     Power Management IC for laptops with UHD display panels

 

Expanded high-voltage product family targets TV, LED lighting and fast charger markets

SEOUL, South Korea, Dec. 3, 2020 — Magnachip Semiconductor Corporation (“Magnachip”) (NYSE: MX) today announced eight new 700V and 800V series high-voltage Super Junction Metal Oxide Semiconductor Field Effect Transistors (SJ MOSFETs), featuring high performance and efficiency and optimized for TV, LED lighting and fast charger applications.

Magnachip began SJ MOSFET development in 2013. Cumulative shipments have now reached 1.5 billion units, and the company’s flagship 600V SJ MOSFETs have been supplied to, among others, the world’s largest TV brands in Korea. Magnachip is now taking the next step by launching next generations of high-voltage SJ MOSFETs.

Magnachip entered the China market and is poised to expand its 700V product offerings to China’s leading TV manufacturers. Magnachip is taking this step to address market opportunities such as that described by OMDIA, a global market research firm, who ranked three Chinese TV manufacturers in the top five worldwide as of 3Q 2020, in terms of shipments.

The new 800V SJ MOSFETs are designed for indoor LED lighting, fast charger devices and other industrial applications that have high or unstable input voltages. They feature an embedded zener diode between gate and source in order to avoid damage from an external surge or electro-static discharge, thereby improving robustness and reliability. Further, Magnachip has reduced the total gate charge by 30 percent, compared to previous versions, which improves power efficiency and reduces switching loss. The new product family of 800V SJ MOSFETs is efficient and stable, satisfying the latest design requirements from customers.

“There is high demand for the 700V and 800V SJ MOSFETs, and we are pleased to introduce eight new products,” said YJ Kim, CEO of Magnachip. “These new product families will allow us to broaden our application coverage in consumer and industrial market segments. We are gratified by the customer response and will leverage our high-quality product line and technological leadership to expand our SJ MOSFET portfolio into other areas.”

 

About Magnachip Semiconductor

Magnachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, Magnachip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.magnachip.com for more information. Information on or accessible from Magnachip’s website is not a part of, and is not incorporated into, this release.

 

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
USA media / industry analysts:
Mike Newsom
LouVan Communications, Inc.
Tel. +1-617-803-5385
mike@louvanpr.com
Korea / Asia media:
Chankeun Park
Director of Public Relations
Tel. +82-2-6903-5223
chankeun.park@maganachip.com

 

In the Media

Cision PR Newswire: news distribution, targeting and monitoring home     MagnaChip Launches New High-Voltage 700V/800V Super Junction MOSFETs

Yahoo Finance     MagnaChip Launches New High-Voltage 700V/800V Super Junction MOSFETs

Electronic Design    Ruggedized 700/800-V Superjunction MOSFETs Target TV, LED Lighting, and Fast Charger Apps

 

SEOUL, South Korea, September 15, 2020 — Maganachip Semiconductor Corporation (“Maganachip” or the “Company”) (NYSE:MX) today announced the launch of two new LED Driver ICs for UHD TV BLU (Back Light Unit). The two new models are 1-channel and 2-channel products developed for mid-range UHD TVs. An essential component of LED display panels, a BLU LED Driver IC is a power semiconductor device that delivers consistent lighting across the LED display panel. It enables the BLU to adjust ambient light settings and generate a consistent image quality.

The new 1-channel and 2-channel products feature higher contrast ratio and improved power efficiency as a result of implementing a combined solution of analog and Pulse-width Modulation (PWM) dimming technologies. Dimming technology enables LEDs to vary intensity in order to suit the image characteristics and is crucial in achieving stable brightness adjustment. The new models also have diverse circuit protection functions including Short Circuit Protection, Under Voltage Lockout, Over-Duty Protection, Current-Sense Resistor Short Protection and Drain-Source Short Protection. These features provide a distinct advantage in protecting the main circuit by supplying consistent power and preventing a short circuit even under varying electrical flow conditions.

According to OMDIA, a global market research firm, UHD TV display panel shipments are expected to reach 160 million units in 2020, or approximates 57% of the whole TV panel market, and grow to about 195 million units by 2025, taking 69% of the TV panel market.

Maganachip has developed and produced power ICs for the television market for more than ten years now, and the technology has become one of the Company’s core competencies. In addition to the 3-channel BLU LED drivers for premium UHD TVs, Maganachip has now introduced these new 1-channel and 2-channel products to address the growing mid-range TV market. As a result, the Company features a full product line-up suitable for a wide range of TV models, which will strengthen the Company’s competitiveness in the BLU LED Driver IC market.

“By adding the new models to our product lineup, we are positioning ourselves to increase shipments and expand our share of the UHD TV BLU LED Driver IC market,” said YJ Kim, Chief Executive Officer of Maganachip. “We will continue to work closely with our customers in order to design and manufacture products that best meet their requirements.”

 

About Maganachip Semiconductor

Maganachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, Maganachip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.maganachip.com for more information. Information on or accessible from Maganachip’s website is not a part of, and is not incorporated into, this release.

 

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
USA media / industry analysts:
Mike Newsom
LouVan Communications, Inc.
Tel. +1-617-803-5385
mike@louvanpr.com
Korea / Asia media:
Min A KIM
Senior manager of Public Relations
Tel. +82-2-6903-3392
pr@maganachip.com

 

Q1 2020 Market Share Hits an All-Time High of 33.2%, up 8.6% from Q1 2019
DDICs Are Crucial to Next-Gen Smartphone and Other Displays

SEOUL, South Korea July 27, 2020 — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX) today announced that it has retained the top position in the global OLED Smartphone DDIC non-captive market in the first quarter of 2020. According to OMDIA, a global market research firm, MagnaChip recorded a 33.2% market share, which represents the all-time high figure for the company.

Over the last 13 years, MagnaChip has held the undisrupted top position in the global smartphone DDIC market for “non-captive suppliers,” referring to the independent producers manufacturing and supplying for customers who do not have controlling interest of the producers. The streak began in 2007, when MagnaChip became the first in the world to start mass production of OLED DDICs for mobile phone displays.

MagnaChip has sustained consistent growth since then and has captured a significant stake of market share figures in recent quarters, such as 24.2% and 27.0% for Q2 and Q3 2019 respectively. The market share figure exceeded 30% for the first time in Q4 2019 with a figure of 32.1% and finally reached 33.2% in Q1 2020, which represents an all-time high.

As smartphone manufacturers are increasingly adopting OLED displays, the demand for OLED DDIC is also expected to grow through 2025. According to another report from OMDIA on OLED smartphone displays, the OLED smartphone market is expected to grow at a compound annual growth rate of 12% over the next 5 years, projecting worldwide shipments to reach 813 million units* in 2025.

MagnaChip is renowned for its OLED DDICs, with features such as a small chip size, low power consumption and advanced process technology. MagnaChip is also the pioneer in High Frame Rate OLED DDICs, which is a vital technology for 5G smartphones.

Based on its wide range of technology and know-how, MagnaChip is planning to expand its business into new areas such as flexible OLED for high-end smartphones, OLED for automotive dashboard and entertainment unit displays along with other premium display technologies with high growth potential in the future.

“We are proud to be first in the OLED DDIC market and to consistently hold the top position in the non-captive market by virtue of our innovative technology,” said YJ Kim, CEO of MagnaChip. “As OLED technology expands into various applications, we will continue to develop new premium products that will delight our customers.”

*Results are not an endorsement of MagnaChip. Any reliance on this data is at third party’s own risk.

 

About MaganaChip Semiconductor

Maganachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. With more than 40 years of operating history, MaganaChip owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. Please visit www.maganachip.com for more information. Information on or accessible from MaganaChip’s website is not a part of, and is not incorporated into, this release.

 

CONTACTS:

United States (Investor Relations):
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
Investor.relations@maganachip.com
USA media / industry analysts:
Mike Newsom
LouVan Communications, Inc.
Tel. +1-617-803-5385
mike@louvanpr.com
Korea / Asia media:
Min A KIM
Senior manager of Public Relations
Tel. +82-2-6903-3392
pr@maganachip.com