MagnaChip Introduces 30V Single N-Channel MOSFETs for Computing Applications

SEOUL, South Korea, June 27 /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 for use in computing applications.

The 30V N-Channel MOSFET series allows customers to save overall system cost by minimizing required board space and providing excellent switching performance with the specific combination of RDS (ON) and gate charge. These features are intended to reduce power consumption and allow for easier system construction in computing and a variety of other applications. Particularly, this series is well suited for the power supply topology of a VGA Card, contributing to the higher efficiency of buck topology.

Sang Park, Chairman and CEO of MagnaChip, commented, "We are delighted to launch our second 30V N-Channel MOSFET series, which is timely given the increasing market demand for power-efficient computing globally. We expect that our new 30V N-Channel Power MOSFET series will allow us to continue to differentiate our products in the computing market through provision of high quality products with enhanced performance to our customers. We are pleased with our rapid progress in developing and launching power solutions to date, as we have expanded our footprint and are able to 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 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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