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Joined: 31 Aug 2013
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 Posted: Sat Aug 31, 2013 11:38 am Post subject: Mixed signal and analogue process enables innovative sensors |
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Mixed signal and analogue process enables innovative sensors
Korean semiconductor company MagnaChip has a chequered history stretching back three decades.
Originally the system ic division of Hynix, which was created when LG Semiconductor and Hyundai Semiconductor merged, MagnaChip was spun off as a standalone company in 2004. While Hynix retained the memory side of the business, MagnaChip focused on analogue and mixed signal technology.
Business issues saw MagnaChip confront a number of problems. Plans to float the company on the New York Stock Exchange faltered and a downturn in its fortunes saw it filing for Chapter 11 bankruptcy protection in the US. Following a couple of changes of ownership, the company appears to be back on its feet; the planned IPO took place in 2011 and MagnaChip is now valued at around $600million.
YJ Kim, executive vice president and general manager of the displays solution division, said: "There are three divisions: power solutions; display solutions; and semiconductor manufacturing services. Revenues are split at about 20%, 40% and 40% respectively."
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