CUPERTINO, USA & SEOUL, SOUTH KOREA: MagnaChip Semiconductor LLC announced that it has elected not to proceed with its planned initial public offering at this time due to adverse market conditions.
Headquartered in South Korea, MagnaChip Semiconductor is a leading Asia-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications.
The company has a broad range of analog and mixed-signal semiconductor technology and intellectual property, supported by its 30-year operating history, large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise.
Friday, July 2, 2010
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