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.