MagnaChip Develops Advanced Resolution TFT-LCD Driver IC

SEOUL, South Korea, July 11 /PRNewswire/ -- MagnaChip Semiconductor, Ltd., a leading provider of analog and mixed signal semiconductor products for high volume consumer applications, today, announced that it has developed a mid-sized TFT-LCD driver chip that supports WSVGA (1024X600) resolution, one of the first mid-sized solutions to be developed with this advanced resolution.

This product features the capability of reproducing 1.6 million colors and supporting VGA (640X480) and WVGA (800X480) resolution levels. It is designed to be applied to various mid-sized applications such as ultra mobile PCs, personal mobile players, personal navigation devices, car navigation systems and digital video cameras. The chip also supports the LVDS (Low Voltage Differential Signal) interface, which is widely adopted for mid-sized applications.

The most distinct feature of this product is that it is one of the first of its kind to support WSVGA (1024X600) resolution. Further, the solution is optimized for web browsers and utilizes compact designs that allow for leeway in module design.

Tae Young Hwang, Executive Vice President and General Manager of MagnaChip's Display Solutions Division said, "We have further strengthened our roadmap for mid-sized products with development of this mid-sized TFT-LCD driver chip. We will continue to focus on developing competitive products with multiple functions to serve the growing demand for devices with mid-sized displays."

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 29-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, 2007, which was filed with the Securities and Exchange Commission on March 31, 2008.

    CONTACTS:
    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
    mj.han@magnachip.com               jvillalta@theruthgroup.com

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




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