MagnaChip and YMC Expand Cost-Effective 0.18um Multiple-Time Programmable (MTP) Manufacturing Processes

SEOUL, South Korea and SAN JOSE, Calif. -- May 9, 2016 -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it has expanded its line of cost effective 0.18 micron multiple-time programmable intellectual property (MTP-IP) devices. Jointly developed with Yield Microelectronics Corporation (YMC) of Taiwan to address the increasing MTP-IP demand for microcontroller (MCU) and touch IC applications, it also enables cost-effective IC designs and high performance non-volatile memory solutions.

The new MTP-IP was developed by using MagnaChip's 0.18 micron mixed signal 5V processes, which significantly reduce the number of mask layers and manufacturing process steps, making it possible to provide cost-competitive MTP solutions. This was accomplished through the use of smaller MTP cells offering diverse memory sizes ranging from low density to high density options. The new MTP-IP is operable at a wider range of voltages from 1.8V~5.5V, making the solution suitable for (MCU) applications.

This newly developed MTP-IP solution also provides high performance and reliability for more stringent customer applications and covers the wide-range of multiple-time programmable memory densities needed in the consumer electronics market. MagnaChip is enhancing its MTP-IP portfolio for customers by adding MTP-IP for 0.18 micron, mixed-signal 5V only processes as well as 0.35 micron BCD processes and 0.18 micron BCD and mixed-signal processes. Beyond current MCU and touch control panel applications, these new MTP-IP solutions are targeting the mid-to-low-tier consumer appliance markets, particularly in China. The jointly developed range of MTP-IP solutions simplifies the engineering process, reduces manufacturing processing time and enhances cost competitiveness.

"The continued collaboration between MagnaChip and YMC has produced greater innovation and variety in the types of MTP solutions being offered to customers," said Daniel Huang, YMC's President. "YMC sees its continued strategic partnership with MagnaChip as a long-term benefit to YMC and MagnaChip customers."

"We are very pleased with our on-going collaboration with YMC, a leading IP solutions provider in Taiwan," said YJ Kim, MagnaChip's Chief Executive Officer. "Our continued partnership allows us to offer cost-effective, high-performance non-volatile memory solutions to meet the increasing application-specific needs of our global foundry customers."

About Yield Microelectronics Corporation

Yield Microelectronics Corporation (YMC), located in Taiwan's Chu-Pei city, is a specialized embedded logic multiple-time non-volatile memory (NVM) IP provider. YMC's innovative NVM MTP-IP products are licensed to design houses and semiconductor foundries, allowing them to integrate crucial non-volatile memory with analog and digital functionality on a single chip. YMC's NVM IP is characterized by its competitive cell and macro size, adopts logic-based architecture and features the scalability and ease of porting for different technologies and processes such as logic, high-voltage, mixed-mode, bipolar-CMOS-DMOS and many others. For more information, please visit www.ymc.com.tw.

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 believes it has one of the broadest and deepest ranges 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.