SEOUL, March 29 (Korea Bizwire) — South Korean chipmaker Magnachip Semiconductor Corp. has said it will be sold to a Chinese private equity fund for about US$1.4 billion. Magnachip, listed on the New York Stock Exchange (NYSE), recently announced that it has signed an agreement with Wise Road Capital Ltd. and its partners to sell [...]
SEOUL, March 31 (Korea Bizwire) — South Korean chipmaker MagnaChip Semiconductor Corp. said Tuesday it has signed a deal to sell its foundry business and a domestic plant for US$435 million. The assets will be sold to a special purpose company (SPC) set up by two local buyout firms — Alchemist Capital Partners Korea and [...]
SEOUL, South Korea and CUPERTINO, Calif., July 22, 2013 (Korea Bizwire) – MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, and the National Nano Fab Center (“NNFC”) have entered into an SOI RF CMOS technology transfer agreement which combines MagnaChip’s specialty manufacturing expertise with NNFC’s robust RF [...]