MagnaChip Surpasses the 500 Million Milestone in Cumulative Shipments of Display Driver ICs for OLED Screens
MagnaChip first introduced the OLED DDIC in 2003 and began mass production, using the 150- nanometer (nm) process, in 2007. The Company subsequently introduced a 110-nm driver in 2011, 55-nm in 2014, 40-nm in 2017 and a 28-nm in 2019. The Company recently taped out a third 28-nm OLED driver and seventh 40-nm OLED driver. MagnaChip intends to continue to expand the OLED display product line for smartphones and for multiple applications in the consumer, automotive, and industrial sectors. As compared to the 40-nm platform, the 28-nm product line features a reduction in footprint and a reduction in power consumption of more than 20 percent.
"MagnaChip was first to market with an OLED DDIC and we have truly helped fuel the growing adoption of OLED displays," said YJ Kim, CEO of MagnaChip. "We now have more than 15 years of development and production experience with OLED DDICs and are committed to help meet the expected increased adoption of OLED display drivers for multiple applications across different end markets."
MagnaChip announced an OLED Ecosystem Initiative earlier this year, and announced partnerships with three industry leaders:
About
MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The company's
CONTACTS: |
||
United States (Investor Relations): Bruce Entin Entin Consulting Tel. +1-408-625-1262 |
USA media / industry analysts: Mike Newsom LouVan Communications, Inc. Tel. +1-617-803-5385 |
Korea / Asia media: Chankeun Park Director of Public Relations Tel. +82-2-6903-5223 |
View original content:http://www.prnewswire.com/news-releases/magnachip-surpasses-the-500-million-milestone-in-cumulative-shipments-of-display-driver-ics-for-oled-screens-300891577.html
SOURCE