MagnaChip Launches Power MOSFET Series

SEOUL, South Korea, March 28 /PRNewswire/ -- MagnaChip Semiconductor, Ltd., a leading provider of analog and mixed signal semiconductor products for high volume consumer applications, today announced the launch of its 30V N channel MOSFET series, its first power solutions products.

The MOSFET product series is for lithium ion battery packs and battery modules of mobile handsets. The series allows customers to save overall system costs by minimizing required board space. The series offers a wide range of available packaging options to meet the various needs of global customers. Further, optimized Ron resistance and gate charges increase battery life, and the MOSFETs' common drain structure allows for easy system design.

MagnaChip expects to start mass production in April 2008, supplying these solutions to customers worldwide.

Sang Park, Chairman and CEO of MagnaChip, commented, "We are delighted to announce the launch of our power solutions products. We are finding that our system level understanding of applications and strong customer relationships in Asia allow us to quickly develop and customize power management products vs. other competitors in this market. These products, featuring power saving technology, are timely due to the increasing market requirements for 'green' solutions. The launch of these products is part of our overall strategy to leverage our leading analog and mixed signal technology platform to expand our market opportunity and meet more of our customers' needs."

About MagnaChip Semiconductor

Headquartered in Seoul, South Korea, MagnaChip Semiconductor is a leading, Asia-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications, such as mobile phones, digital televisions, flat panel displays, notebook computers, mobile multimedia devices and digital cameras. The Company has a broad range of analog and mixed-signal semiconductor technology, supported by its 28-year operating history, large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise. For more information, visit www.magnachip.com.

Forward-Looking Statements:

Certain statements contained in this press release contain forward-looking statements regarding MagnaChip Semiconductor's operations, economic performance and financial condition. Although MagnaChip Semiconductor believes that the expectations reflected in these statements are reasonable, no assurance can be given that such expectations will prove to have been correct as a result of many factors, including those described in our annual report on Form 10-K for the year ended December 31, 2006, which was filed with the Securities and Exchange Commission on March 30, 2007.

    Press Contacts:

    MagnaChip
    In Korea:                         In the U.S.:




    Mi-Jeong HAN, PR Manager          Joseph Villalta at The Ruth Group
    Tel: 82-2-6903-3195               Tel: +646-536-7003
    
Email Contact             
Email Contact

Web site: http://www.magnachip.com/




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