MagnaChip Expands Foundry and Power Semi Lines
South Korea’s MagnaChip Semiconductor Corp. has taken two steps to expand its business.
In the first move, MagnaChip — the logic and foundry spinoff of Hynix Semiconductor Inc. — has begun ramping up its 0.35-micron mixed-signal foundry process for MEMS accelerometer applications. The company also provides a range of analog and mixed-signal foundry processes.
In the second move, the company has expanded its standard products business. It completed the acquisition of Dawin Electronics Co. Ltd., a privately-held semiconductor company that designs and manufactures insulated gate bipolar transistors (IGBTs), fast recovery diodes (FRDs) and MOSFET modules.
Dawin Electronics is headquartered in Incheon, South Korea. Sang Park, MagnaChip’s chairman and CEO, said: “The acquisition of Dawin Electronics expands MagnaChip’s offering of power solutions products to the commercial and industrial markets.”
According to market research firm IHS iSuppli, the total IGBT market in 2011 was estimated to be $4.1 billion and is expected to grow at a compounded annual growth rate of 10 percent from 2011 to 2015. IGBTs are used in a broad range of medium- to high-power commercial and industrial applications and in many consumer appliances such as variable speed refrigerators, air-conditioners and stereo systems.
Tags: foundry, MagnaChip, Power Semiconductor