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SEOUL, South Korea and CUPERTINO, Calif., Dec. 19, 2011 – MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), an Asia-based foundry, designer and manufacturer of analog and mixed-signal semiconductor products, announced that it will begin supplying display driver ICs to be used in the AMOLED display panels for multiple Microsoft Windows-based smartphones.

MagnaChip’s display driver ICs will be used in AMOLED panels that support WVGA (480X800) level resolution and 16M (24bit) colors. The product features MIPI DSI (Mobile Industry Processor Interface Display Serial Interface) high-speed serial interface technology designed specifically for smartphone applications. The display driver ICs will also include ACL (Automatic Current Limit) which significantly improves performance and power consumption efficiency.

T.Y. Hwang, President and General Manager of MagnaChip’s Display Solutions Division, commented, “Display driver ICs have grown as a percent of our total design-win portfolio from one percent in 2010 to ten percent in 2011. Supplying AMOLED display driver ICs allows us to strengthen and expand our strategic partnerships with top tier global smartphone manufacturers, as we continue our focused research and development efforts in this area.”

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 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. 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., Dec. 5, 2011 – MagnaChip Semiconductor Corporation (“MagnaChip Semiconductor”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed signal semiconductor products, today announced that it now offers module based process design kits (PDK) designed specifically to support power and large display driver IC design applications.

MagnaChip’s PDK supports a diverse set of design requirements used for product development based on the company’s advanced process technologies. The process design kits incorporate design rule documentation, spice model for circuit design, schematic symbol typology, PCell (parameterized cell), DRC for layout design, LVS, LPE, and other technical files.

MagnaChip began development of the Modular PDK set methodology at the beginning of 2010. Currently, standardization of design rule documents, standard test patterns and modular DRC/LVS are now being applied to power and large display driver IC applications.

The advantage of a modular PDK approach is the fast provisioning of quality process design kits through the use of verified standardized modules for each technology. Another advantage of MagnaChip’s PDK is that it features user-friendly functions such as one click downloads and installs which enhance the customer’s experience. In addition, development time when using MagnaChip’s newly launched PDK sets can be reduced by more than 50% as a result of the modular and pre-standardization approach to design.

T.J. Lee, Senior Vice President and General Manager of MagnaChip’s Corporate Engineering commented, “We are very pleased to announce the offering of our module based process design kits for power and large display driver IC applications. By using a modular PDK approach, MagnaChip can dramatically reduce the cycle time for PDK development and verification. As a result, we provide enhanced cost competitiveness and design flexibility while continuing to provide user-friendly and cost-effective PDKs for our foundry customers.”

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 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 https://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

SEOUL, South Korea and CUPERTINO, Calif., Oct. 10, 2011 — MagnaChip Semiconductor Corporation (“MagnaChip Semiconductor”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced that it will begin supplying display driver ICs to be used in the new AMOLED display panels for Samsung’s Galaxy S2 LTE smartphone.

MagnaChip’s display driver ICs will be used in AMOLED panels that support WVGA (480X800) level resolution and 16M (24bit) colors. The AMOLED panel is designed for the Galaxy S2 LTE 4.5″ model which is based on the next-generation LTE (Long Term Evolution) technology.

The product features MIPI DSI (Mobile Industry Processor Interface Display Serial Interface) designed specifically for smartphone applications and ACL (Automatic Current Limit) which significantly improves performance and power consumption efficiency.

T.Y. Hwang, President and General Manager of MagnaChip’s Display Solutions Division, commented, “We are very excited and proud to have been selected to supply our display driver IC technology for Samsung’s Galaxy S2 LTE smartphone. This is recognition of our product excellence and ability to design and manufacture highly differentiated products which meet the diverse needs of our customers.”

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. 408-625-1262
robert.pursel@magnachip.com

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