MagnaChip Semiconductor Introduces Source Driver ICs and Timing Controllers for Large LCD TVs
Extends Image Display Leadership With Superior Resolution Products for LCD TVs, Mobile Phones, and Handheld Games
SEOUL, South Korea, Feb. 2 /PRNewswire/ -- MagnaChip Semiconductor today announced that it is now offering source driver ICs and timing controllers for large LCD TVs. These products include a 10-bit driver IC with superior color expression, designed to drive both 384 and 420 channels to support the wide resolution common in large LCD TVs
Channy Lee, Executive Vice President of Products of MagnaChip Semiconductor, said, "The introduction of the source driver ICs and timing controllers, combined with our already extensive product portfolio in display driver ICs, positions MagnaChip well in the LCD TV market. These new products are an excellent addition to our current offering as they have the capability to provide superior color expression."
The Display Driver IC (DDI) business is among MagnaChip's three key strategic product lines. The other core lines are the Company's CMOS Image Sensor and Application Processor businesses. Recently, the DDI business has achieved rapid growth as a result of MagnaChip's wide range of products that support a variety of different displays. DDI revenues grew 40% from 2003 to 2004, reaching US$260 million. In terms of volume, MagnaChip sold 185 million units of driver chips in 2004 vs. 120 million in 2003. MagnaChip reported Company-wide sales of over US$1 billion in 2004.
MagnaChip owns a variety of high voltage process technologies for driver ICs. The Company is leveraging its strategic alliances with leading LCD panel manufacturers to develop and supply multi-channel source driver ICs for large TFTs.
In the small TFT area, MagnaChip is developing and supplying driver ICs for a variety of products ranging from high-end mobile phones and handheld games, to digital still cameras (DSC). In 2005, the Company will introduce a TFT QVGA one chip solution and an OLED QCIF two chip solution, which will further extend its technology lead in the small panel market and provide customers with even more versatile display solutions.
About MagnaChip Semiconductor
MagnaChip Semiconductor is a leading designer, developer and manufacturer of mixed-signal and digital multimedia semiconductors addressing the convergence of consumer electronics and communications devices. We focus on CMOS image sensors and flat panel display drivers, which are complex, high performance, mixed signal semiconductors that capture images and enable and enhance the features and capabilities of both small and large flat panel displays. MagnaChip also provides wafer foundry services utilizing CMOS high voltage, embedded memory, analog and power process technologies for the manufacture of IC's for customer-owned designs. MagnaChip has world-class manufacturing capabilities and an extensive portfolio of more than 12,800 registered and pending patents. As a result, MagnaChip is a valued partner in providing leading technology solutions to its customers worldwide. For more information, visit http://www.magnachip.com/.
CONTACTS:
In Korea: In the U.S.:
Julia Cho, PR Manager David Pasquale, EVP at The Ruth Group
Tel: 82-2-3459-3182 Tel: +646-536-7006
julia.cho@magnachip.com dpasquale@theruthgroup.com
CONTACT: In Korea - Julia Cho, PR Manager of MagnaChip Semiconductor,
Tel: +82-2-3459-3182, julia.cho@magnachip.com; or In the U.S. - David
Pasquale, EVP at The Ruth Group, Tel: +1-646-536-7006,
dpasquale@theruthgroup.com, for MagnaChip Semiconductor
Web site: http://www.magnachip.com/
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