Manufacturing services expand IP offerings

The MagnaChip Semiconductor Manufacturing Services (SMS) business has expanded its IP offering in partnership with three leading IP providers.

The MagnaChip Semiconductor Manufacturing Services (SMS) business has expanded its IP offering in partnership with three leading IP providers.

The IP providers will provide 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 MagnaChip's customers.

As a result, MagnaChip's customers have access to proven IP that otherwise would be costly to develop in-house.

MagnaChip, in turn, is able to attract leading customers with this offering and to offer more sophisticated products and services consistent with its specialty foundry strategy.

Channy Lee, EVP and General Manager of MagnaChip's Specialty Manufacturing Service (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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