SEOUL, South Korea and CUPERTINO, Calif., Feb. 13, 2013 — (PRNewswire) — �MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, and ELAN Microelectronics ("ELAN"), a leading fabless provider of touch solutions for mobile phone and PC applications, today announced that they have begun to ramp production of ELAN's EEPROM touchpad products utilizing MagnaChip's advanced 0.18um manufacturing process technology.

MagnaChip's 0.18um EEPROM process features a patented side-wall selective transistor cell (SSTC) structure driving multiple voltage levels from 1.8V, 1.8V+3.3V and 1.8V+5.0V. This advanced manufacturing process developed by MagnaChip provides a significantly reduced cell size that translates into a very cost-effective NVM technology solution with enhanced performance for foundry partners such as ELAN.

Namkyu Park, Senior Vice President of Marketing for MagnaChip's foundry division commented, "We are very pleased to announce MagnaChip's continued partnership with ELAN and the ramp of their touchpad products utilizing our advanced 0.18um EEPROM process technology. This process is ideally suited for mobile as well as PC applications such as notebooks and ultrabooks. We will continue to develop high-performance and cost-effective embedded EEPROM technology solutions that meet the growing needs of our 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 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.

About ELAN Microelectronics
ELAN, a world leading Smart Human Interface Solution provider with solid patents portfolio, has successfully integrated its capacitive multi-touch solution into Smartphone, Tablet PC, NB/Ultrabook, while Smart-3D Remote has been promoted into Smart TV & AIO PC, amongst other portable electronic devices. With its Smart-Touchscreen IC & Touchpad IC, ELAN is currently in strategic partnership with Intel in touchscreen controller development. ELAN has received many Win 8 Touch Logo Certifications from Microsoft& has been awarded with the "Best Choice of the Year" award twice by COMPUTEX TAIPEI 2009& 2012. ELAN is also listed as one of the "Best Under a Billion 200 Companies" worldwide by Forbes Global Magazine.

SOURCE MagnaChip Semiconductor Corporation

Contact:

MagnaChip Semiconductor Corporation ELAN Microelectronics Web: http://www.magnachip.com