- Company:
- MagnaChip Semiconductor
- Description:
- Semiconductor Manufacturer
- Sector:
- Manufacturing
- Current/Previous:
- Previous
- Acquired:
- October 2004
- Region/Country:
- South Korea
In October 2004, CVC Asia Pacific funds co-led the acquisition of the non-memory semiconductor business of Hynix Semiconductor Inc. The business was subsequently renamed MagnaChip Semiconductor. MagnaChip is a leading designer, developer and manufacturer of mixed-signal and digital multimedia semiconductors. It focuses on CMOS image sensors and flat panel display drivers designed for a wide variety of consumer electronics applications such as mobile handsets, flat panel televisions, computer monitors, digital cameras and PDAs.
