SEOUL, South Korea and CUPERTINO, Calif., Sept. 19, 2011 /PRNewswire via COMTEX/ --

MagnaChip Semiconductor Corporation ("MagnaChip Semiconductor") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, has launched a series of 4 channel LED drivers for use in LED monitors and LED-TV applications

These new device drivers from MagnaChip are designed to fit the back light unit structures of the latest LED monitors and televisions. Each channel has the equivalent of a 150mA/65V current balance MOSFET embedded in it that is capable of driving up to 20 LEDs in a 40W LED backlight unit.

Operating efficiency and safety have been enhanced through a multitude of designed-in protection functions including current overload protection, LED open/short protection, over voltage protection, open Schottky diode protection and others. The new products are offered in various package and performance options and specifications can be found on the company's website at www.magnachip.com.

HK Kim, executive vice president of MagnaChip's Power Solutions Division stated, "There is advanced technology behind the development and launch of all of our new products, including our latest 4-channel LED driver. We intend to continue to innovate and expand the delivery of new and competitive LED driver devices into the 3D TV and Smart TV markets which we see as providing significant growth opportunities for our Power Solutions business."

About MagnaChip Semiconductor

Headquartered in South Korea, MagnaChip Semiconductor is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications. MagnaChip Semiconductor believes it has one of the broadest and deepest range of analog and mixed-signal semiconductor platforms in the industry, supported by its 30-year operating history, a large portfolio of registered and pending patents, and extensive engineering and manufacturing process expertise.

SOURCE MagnaChip Semiconductor Corporation