MagnaChip Semiconductor Corporation · Chongju, Chungcheongbuk South Korea
Company Description
Phone: +82-43-270-2114
Fax: 408-213-2450
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This link will open in a new window MagnaChip is a pretty big chip off the block. MagnaChip Semiconductor was formed to acquire the non-memory operations of Hynix Semiconductor , one of the world's largest producers of memory devices. MagnaChip primarily offers flat-panel display drivers. The company also does a large business in silicon foundry (contract semiconductor manufacturing) services. Two Citigroup units, joined by Francisco Partners , bought the operations from debt-plagued Hynix and established MagnaChip as a freestanding company. Companies of the LG Group , primarily LG Display , are MagnaChip's biggest customers. Most of the company's sales are in Asia. MagnaChip Semiconductor filed for Chapter 11 protection from creditors in 2009. To read the full description, subscribe now.
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Key MagnaChip Semiconductor Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $792.4 |
| 2007 Employees | 3,599 |
MagnaChip Semiconductor Corporation Executives
17 executives listed for MagnaChip Semiconductor Corporation's Chongju, Chungcheongbuk location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Sang Park | Network |
| EVP Manufacturing Division; General Manager, Display Solutions | Tae Hwang | Network |
| EVP; General Manager, Semiconductor Manufacturing Services | Chan Hee Lee | Network |
Competition
Competitive Landscape for MagnaChip Semiconductor Corporation
The industry depends highly on demand from the computer industry and makers of telecommunications products such as cell phones, which can vary sharply from year to year. Companies can be successful producing standard parts at low cost or by producing highly specialized components. Small companies can compete effectively with large ones by producing specialized products or developing new applications. Technological expertise is extremely important. The industry is highly automated: average annual revenue per employee is about $300,000. To read the full description, subscribe now.Top MagnaChip Semiconductor Corporation Competitors
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