SEOUL, South Korea and SAN JOSE, Calif., Dec. 15, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that MagnaChip was selected for the “2015 Excellence Supplier Award” by LG Display.

LG Display annually selects key component suppliers that have demonstrated both product “zero-defect” and “zero-accident” performance during the year. These suppliers are chosen to receive the LG Excellence Supplier of the Year Award. MagnaChip was honored to be selected in recognition of its “zero defect”, “zero accident” performance and also for its contribution to LG Display’s continued process stability and competitive product quality.

“With its strong quality assurance program, MagnaChip has made a significant contribution to LG Display’s process stability and competitive product quality,” said Juil Kim, Head of Paju Quality Assurance at LG Display. “It is our goal for the two companies to continue to maintain high quality performance and products and to grow the cooperative relationship going forward.”

“I am very pleased and excited that we have been selected for the LG Display 2015 Excellence Supplier Award. It is an honor for MagnaChip to be recognized for its high-quality products and performance,” said YJ Kim, MagnaChip’s Chief Executive Officer. “We will strive to continue to deliver the high-value products which world class customers like LG Display have come to expect from us.”

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.

CONTACTS

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

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

SEOUL, South Korea and SAN JOSE, Calif. and SHENZHEN, China, Oct. 8, 2015 /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 be holding a Foundry Technology Symposium at the Ritz-Carlton in Shenzhen, China, on November 10, 2015. After holding a successful Foundry Technology symposium in Shanghai, China, on September 22, 2015, this second technology symposium in China is part of MagnaChip’s global foundry strategy to specifically increase MagnaChip’s brand awareness in the Chinese market.

Major topics to be discussed are MagnaChip’s current and future semiconductor foundry business roadmap, specialty technology processes, target applications and end-markets. This symposium is a direct response to the increased interest and demand coming from our Chinese fabless customers for advanced analog and mixed-signal specialized foundry technologies.

During the symposium in Shenzhen, MagnaChip, which is the largest Korea-based analog and mixed-signal foundry service provider, will highlight its technology portfolio with discussions focused on mixed-signal, low power technologies in 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 technologies used in applications including smartphones, tablet PCs, automotive, LED lighting, consumer wearables and IoT. MagnaChip will also showcase its customer-friendly design environment and an on-line customer service tool known as “iFoundry”.

“We hope that this Foundry Technology Symposium in Shenzhen, which is a direct follow-up of our successful event in Shanghai, will better position us to understand our customer’s needs in China,” said YJ Kim, Chief Executive Officer of MagnaChip. “As this is the fifth event we’ve had this year, with our technology symposiums held in Taiwan, the United States and now in Shenzhen, China, we strongly believe that we will be able to better serve our global customers with our long history of providing successful foundry service and our deep technological expertise.”

A multitude of fabless companies, IDMs (Integrated Device Manufacturers) and other semiconductor companies are expected to attend MagnaChip’s Shanghai technology symposium. To sign up for the event, and to receive more detailed information 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
Senior Manager, Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com

SEOUL, South Korea and SAN JOSE, Calif. and SHANGHAI, Aug. 10, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today it is hosting its first Foundry Technology Symposium at the Grand Hyatt in Shanghai, China, on September 22, 2015. This first symposium in China is part of MagnaChip’s global foundry strategy to specifically increase MagnaChip’s brand awareness in the Chinese market.

MagnaChip plans to discuss its current and future semiconductor foundry business roadmap, specialty technology processes, target applications and end-markets. This symposium is a direct response to the increased interest and demand coming from our Chinese fabless customers for advanced analog and mixed-signal specialized foundry technologies.

During the symposium in Shanghai, MagnaChip, which is the largest Korea-based analog and mixed-signal foundry service provider, will highlight its technology portfolio with discussions focused on mixed-signal, low power technologies in 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 technologies used in applications including smartphones, tablet PCs, automotive, LED lighting, consumer wearables and IoT. MagnaChip will also review its customer-friendly design environment and on-line customer service tool known as “iFoundry”.

“We are very pleased to host our first Foundry Technology Symposium in Shanghai and intend to provide a beneficial and an educational event for all of our participants,” said YJ Kim, Chief Executive Officer of MagnaChip. “Through our technology symposiums in Taiwan, the United States and now in Shanghai, we are better able to serve our global customers with our long history of successful foundry service and expertise.

A multitude of fabless companies, IDMs (Integrated Device Manufacturers) and other semiconductor companies are expected to attend MagnaChip’s Shanghai technology symposium. To sign up for the event, and to receive more detailed information 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
Senior Manager, Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com

SEOUL, South Korea and CUPERTINO, Calif., July 6, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it has started the co-development of an automotive MCU process with ABOV Semiconductor, Automotive Electronic Systems and Semiconductors Lab. of UNIST (Ulsan National Institute of Science and Technology) and Analog & Mixed Signal Integrated Circuit Lab. of SNU (Seoul National University) using MagnaChip’s 0.18 micron automotive process.

MagnaChip plans to develop MCU products with ABOV, a fabless semiconductor company specializing in MCU products, using MagnaChip’s 0.18 micron automotive process. The launch of this co-development project with ABOV will strengthen and expand MagnaChip’s position in the automotive MCU market. Using MagnaChip’s 0.18 micron automotive process, MagnaChip and ABOV plan to jointly develop IP and MCU products qualified under condition AEC Q100 Grade 0.

For this development project, MagnaChip will be providing the 0.18 micron automotive process and the design library including EEPROM & SRAM IP, Analog IP, Standard cell library and I/O library. Jointly, ABOV will design the microcontroller and UNIST will provide the LIN/CAN communication IP while SNU will offer sensor interface circuits by using MagnaChip’s 0.18 micron automotive process design kit. The development schedule is to complete IP & product evaluation and to finish set level verification by the end of 2015.

MagnaChip’s existing portfolio includes 1.8V/3.3V CMOS, 52V LDMOS/EDMOS, fully isolated 32V nLDMOS and diverse analog IP such as ADC, DAC, LDO, OSC and POR. Under the AEC-Q004 Zero Defect Guideline MagnaChip has also offered embedded EEPROM with ECC and plans to build a complete automotive process portfolio such as 1.8V/5.0V CMOS, BCD 80V and SOI 100V in an effort to meet all of the customer’s needs.

ABOV intends to jointly develop and integrate with MagnaChip a suite of automotive peripherals for their microcontrollers including applications such as sensor readout circuits, LED drivers for headlights and tail lights and motor drivers for electric chairs.

YJ Kim, MagnaChip’s Chief Executive Officer stated, “We are very pleased to be jointly developing automotive qualified microcontrollers with ABOV. This is another example of our continued effort to expand our specialty technology portfolio for the automotive and other growing markets. MagnaChip and ABOV are committed to continue to develop this strategic partnership and to expand both companies’ effort in the automotive market.”

About MagnaChip Semiconductor
Headquartered in South Korea, MagnaChip Semiconductor is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, mainly 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, large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise.

About ABOV Semiconductor
Headquartered in South Korea, ABOV Semiconductor is a competitive solution provider of various types of MCUs from simple logic devices to mixed-signal devices with RF connectivity. ABOV Semiconductor provides easy and convenient eco-systems with which customers can develop target applications on time for mass production. ABOV’s comprehensive MCU portfolio has been offering customers’ benefits and satisfactions in terms of price, product quality, and delivery on top of high-quality engineering supports.

MagnaChip Contacts

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

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

SEOUL, South Korea and CUPERTINO, Calif., June 22, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it received the Korea Patent Technology “King Sejong” grand prize award for the first half of 2015 granted by the Korean Intellectual Property Office.

The award was in recognition of MagnaChip’s “Stepped-Gate Oxide Extended Drain MOSFET Semiconductor Device and Manufacturing Method.” This technology is targeted at applications such as AMOLED and LED TV Display Driver ICs. This technology has advantages over the existing medium voltage MOSFET in that it has low threshold voltage and high saturation current, making it well-suited for small size transistors.

In addition, this technology is suitable for applications requiring die-size shrinks because there is no thermal degradation as it relates to breakdown voltage and leakage current. This enables increased die-yields per wafer thereby reducing the unit cost to the customer.

“We are very pleased to have received this prestigious Korea Patent Technology Award from the Korean Intellectual Property Office. This is a strong endorsement of MagnaChip’s technological capabilities,” said YJ Kim, CEO of MagnaChip. “Our focus is to expand our R&D efforts to continue to grow our patent technology portfolio to help our customers enhance the competitiveness of their products.”

About MagnaChip Semiconductor
Headquartered in South Korea, MagnaChip is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Internet of Things 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.

CONTACTS:

In the United States:
Robert Pursel
Director of Investor Relations
Tel. +1-408-625-1262
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., April 20, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products announced today that it has kicked-off an Internet of Things (IoT) task force and will offer diversified products with ultra-low power technology in anticipation of the fast growing IoT market. Gartner estimates that the processing, sensing and communications segments of the IoT market will grow at a compound annual growth rate (CAGR) of 29.2% from $7B in 2013 to $43B by 2020. This rapid growth rate outpaces the rest of the semiconductor industry which is predicted to grow at a rate of 4.6% over the same period.

MagnaChip offers a 0.18 micron ultra-low power technology that enables System-on-a-Chip (SoC) applications with low active and low stand-by power consumption. This new process features very low start-up voltage and enables DC-DC Boost Converters to be suitable for IoT applications. Another important technology feature is operational efficiency. This process allows for low electrical current draw, which is suitable for IoT devices such as solar cells, thermoelectric generators, vibration energy harvesters and electromagnetic harvesters.

Based on its already developed 0.18 micron ultra-low power technology, MagnaChip also plans to provide a diversified portfolio within the ultra-low power sector. This includes 0.13 micron ultra-low power EEPROM, Bipolar-CMOS-DMOS (BCD) and mixed-signal technologies. Ultra-low power technology is a key element for conserving energy usage within IoT devices. IoT applications demand an always on, low-power energy source and long battery life which are requirements that MagnaChip’s ultra-low power technology enables.

MagnaChip also offers 0.18 micron and plans to offer 0.13 micron Silicon on Insulator (SOI) RF-CMOS technologies, which is suitable for use in antenna switching, tuner and Power Amplifier (PA) applications. Switches and tuners are core components of wireless Front-End-Modules (FEMs) for cellular and Wi-Fi connectivity in IoT devices. MagnaChip’s CMOS based FEMs reduce manufacturing cost and time to market while providing competitive performance for multiband and multimode smartphones, tablets and other IoT devices.

Furthermore, MagnaChip’s 0.13 and 0.18 micron BCD technologies support high-voltage (up to 100V) and high-efficiency power ICs such as voltage regulators and converters, Power-over-Ethernet and smart LED Lighting solutions, which are essential power elements in IoT applications. With the combination of power devices with lower Specific On-Resistance (Rsp, defined as drain-source resistance times device area, Rds*A), improved isolation and higher reliability, MagnaChip’s 0.13 and 0.18 micron BCD processes will help our foundry customers to design IoT products with smaller and more power efficient characteristics.

“We believe there is tremendous growth opportunity in the IoT market and our participation is part of our overall strategy to broaden our product portfolio in new markets,” said YJ Kim, MagnaChip’s interim Chief Executive Officer. “MagnaChip’s IoT task force and business consortium with key business partners will reinforce our position as a key manufacturing service provider in the expanding IoT market.”

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

MagnaChip to Host Its 5th Annual Foundry Technology Symposium in Hsinchu (Taiwan), Santa Clara (California) and Austin (Texas)

 

SEOUL, South Korea and CUPERTINO, Calif., March 16, 2015 /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 5th Annual Foundry Technology Symposium at the Sheraton Hotel in Hsinchu (Taiwan) on May 19th, at the Hilton Hotel in Santa Clara (California) on June 18th and at the Radisson Hotel in Austin (Texas) on June 23rd, 2015.

The primary purpose of the 5th Annual Foundry Technology Symposium is to provide participants with an in-depth understanding of MagnaChip’s manufacturing services (foundry) business, its specialty technology processes, target applications and end-markets. Furthermore, during the symposium, MagnaChip plans to discuss current and future semiconductor foundry business trends.
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 lower powered technologies in 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, LED lighting, wearables and IoT. MagnaChip will also review its customer-friendly design environment and on-line customer service tool known as “iFoundry”.

“We are very pleased to host MagnaChip’s 5th Annual Foundry Technology Symposium in Taiwan and in the US this year,” said Namkyu Park, Executive Vice President of MagnaChip’s Semiconductor Manufacturing Services Division. “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 three events. To sign up for MagnaChip’s 5th Annual Foundry Technology Symposium in Hsinchu, 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 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. +1-408-625-1262
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., Feb. 2, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers a high voltage option for its 0.13 micron embedded EEPROM technology. This enhanced process increases noise immunity by improving the signal-to-noise ratio (SNR), a critical factor in touch sensing IC performance.

0.13 micron embedded EEPROM IP enhances the performance of touch controller ICs and MCUs by decreasing the density of 32Kbyte memory blocks by approximately 50% and by adding a high voltage (HV) option. The newly developed HV option, which features 10V and 20V transistors, requires the least amount of masks to implement and is completely independent of the 0.13 micron EEPROM logic to insure a seamless integration. Overall, this process technology enhances the functionality and performance of IC designs by improving the signal-to-noise performance.

MagnaChip also intends to release a 30V version in 2015, which is suitable for larger screen mobile applications. Along with the 0.18 micron embedded EEPROM, the 0.13 micron embedded EEPROM technology, through its various HV options, completes MagnaChip’s embedded EEPROM technology portfolio. This is confirmation that MagnaChip is taking the necessary steps to provide the embedded EEPROM options our customers most need.

Namkyu Park, Executive Vice President of MagnaChip’s Semiconductor Manufacturing Services Division stated, “We are very pleased to now offer a high voltage option for our enhanced 0.13 micron embedded EEPROM technology. Our goal is to continue to develop competitive features that meet the increasing application specific needs of 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 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
Senior Manager, Public Relations
Tel. +82-2-6903-3195
chankeun.park@magnachip.com

SEOUL, South Korea and CUPERTINO, Calif., Jan. 12, 2015 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products announced today that it has started to offer 0.18um automotive qualified process technology to foundry customers focused on high reliability automotive semiconductor applications.

This 0.18um automotive process technology consists of modular processes which combine 1.8V/3.3V CMOS, 52V LDMOS/EDMOS, fully isolated 32V nLDMOS and embedded MTP/EEPROM. MagnaChip’s proprietary electrical fuse OTP is also included for precision analog trimming. Full combinations of these modular processes serve a wide range of automotive semiconductor SOC products such as, but not limited to, LED lighting, motor drivers, microcontrollers and ASICs.

This process technology is specially designed for reliable operation at high temperatures and is fully AEC compliant conforming to AEC Q100 Grade 0 specification at 150 degrees C. For example, leakage current of 1.8V rated CMOS devices at 150 degrees C is reduced to ¼ of the leakage of 1.8V CMOS of baseline technologies. Endurance of MTP and EEPROM is 100K cycle and 10K cycle at 150 degrees C, respectively. SPICE model and MTP/EEPROM operation is verified up to 175 degrees C. In addition, high density standard cell libraries, SRAM and analog IPs are qualified in this process.

Namkyu Park, Executive Vice President of MagnaChip’s Semiconductor Manufacturing Services Division stated, “This is another example of our continued effort to expand our specialty technology portfolio for the automotive market. We are very proud to play an increasing role in the fast-growing automotive semiconductor foundry market and are committed to continuing to provide differentiated technology solutions for 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, mainly 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, large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise.

MagnaChip Contacts

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

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

SEOUL, South Korea and CUPERTINO, Calif., Dec. 29, 2014 /PRNewswire/ — MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced it has launched a research collaboration focused on developing innovative, cost-effective silicon magnetic bio-sensor technology capable of monitoring extremely rare cells in blood. The collaboration involves a team from Massachusetts General Hospital (MGH) in Boston, led by Hakho Lee, PhD, of the MGH Center for Systems Biology and Harvard Medical School, and the Pohang University of Science and Technology’s Analog IC Systems Lab, led by Prof. Jae-Yoon Sim of the Electrical Engineering Department.

Based on its industry-leading 0.18 micron mixed-signal technology, MagnaChip is looking to extend high performance silicon magnetic sensor technology beyond current commercial applications. In collaboration with leading researchers, MagnaChip is focused on developing a novel bio-sensor platform that can enhance medical technology through cost-effective disease detection. “This joint development project will focus on early detection methods that leverage on advanced bio-sensor technologies thereby increasing the efficacy of research success,” said Prof. Jae-Yoon Sim.

“We are very proud to be working with some of the world’s best bio-sensor research teams. As a partner in this joint research, MagnaChip will apply its newly developed 0.18 micron silicon magnetic sensor technology to create single-chip sensor solutions. This will enhance performance and lower the cost of medical diagnosis and monitoring,” said YJ Kim, MagnaChip interim CEO.

 

 

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

Senior Manager, Public Relations

Tel. +82-2-6903-3195

chankeun.park@magnachip.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/magnachip-collaborates-with-massachusetts-general-hospital-and-pohang-university-of-science-and-technology-on-magnetic-bio-sensor-development-300013937.html

SOURCE MagnaChip Semiconductor Corporation