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MagnaChip expands IP offering

Posted: 24 Jan 2007 ?? ?Print Version ?Bookmark and Share

Keywords:MagnaChip? IP provider? Semiconductor Manufacturing Services? SMS? MCU?

MagnaChip Semiconductor Ltd announced that its Semiconductor Manufacturing Services (SMS) business has expanded its IP offering in partnership with three IP providers. The IP providers will offer IP related to MCU technology, IP for audio codec development and USB2.0 PHY IP.

MagnaChip partners with IP providers who license IP directly to the company's customers. According to MagnaChip, this offers their customers access to proven IP that otherwise will be costly to develop in-house. MagnaChip, in turn, attracts customers with this offering and can offer more sophisticated products and services consistent with its specialty foundry strategy.

Channy Lee, executive VP and general manager of MagnaChip's SMS business said, "We will continue to partner with leading IP providers as part of our efforts to secure IP required by our customers. In this way, we will further our mission of providing specialty, value-added technologies to our global customer base."

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