"The completion of this acquisition underscores MagnaChip's commitment to offer our customers an even more comprehensive set of solutions to address the small DDI market," said Youm Huh, President and CEO of MagnaChip Semiconductor. "With ISRON's technology portfolio, key personnel and senior management team, MagnaChip has solidified its position in the small DDI color mobile phone market."
About MagnaChip Semiconductor
MagnaChip Semiconductor is a leading designer, developer and manufacturer of mixed-signal and digital multimedia semiconductors addressing the convergence of consumer electronics and communications devices. We focus on CMOS image sensors and flat panel display drivers, which are complex, high performance, mixed signal semiconductors that capture images and enable and enhance the features and capabilities of both small and large flat panel displays. MagnaChip also provides wafer foundry services utilizing CMOS high voltage, embedded memory, analog and power process technologies for the manufacture of IC's for customer-owned designs. MagnaChip has world-class manufacturing capabilities and an extensive portfolio of more than 12,800 registered and pending patents. As a result, MagnaChip is a valued partner in providing leading technology solutions to its customers worldwide. For more information, visit http://www.magnachip.com/.
CONTACTS: In Korea: In the U.S.: Julia Cho, PR Senior Manager David Pasquale, EVP at The Ruth Group Tel: 82-2-3459-3182 Tel: +646-536-7006 Email Contact Email Contact
CONTACT: In Korea - Julia Cho, PR Senior Manager, MagnaChip
Semiconductor, +82-2-3459-3182, Email Contact; or In the U.S. -
David Pasquale, EVP at The Ruth Group, +1-646-536-7006,
Email Contact, for MagnaChip Semiconductor
Web site: http://www.magnachip.com/