AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Elmos Semiconductor SE

Regulatory Filings Jul 4, 2011

137_rns_2011-07-04_5589cdab-601e-4ad0-895c-bbba5a223e27.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

News Details

Corporate | 4 July 2011 08:47

ELMOS Semiconductor AG: MagnaChip to Begin Wafer Production for ELMOS’ 0.35µm Automotive Semiconductor Products

ELMOS Semiconductor AG / Key word(s): Alliance

04.07.2011 / 08:47

DORTMUND, Germany and SEOUL, South Korea, July 4, 2011: MagnaChip
Semiconductor Corporation ('MagnaChip Semiconductor') (NYSE: MX), a
Korea-based foundry, designer and manufacturer of analog and mixed-signal
semiconductor products, and ELMOS Semiconductor AG ('ELMOS') (FSE: ELG), a
Germany-based designer and manufacturer of analog and mixed-signal
semiconductors primarily for the automotive industry, jointly announced
that MagnaChip Semiconductor ramped production and started delivery of
0.35µm automotive qualified processed wafers to ELMOS.

MagnaChip and ELMOS entered into a cooperative agreement to jointly develop
automotive semiconductor process technologies in 2008. As a result of this
partnership, both companies successfully developed and qualified 0.35µm
process technologies targeted at products for the automotive semiconductor
market.

These jointly developed process technologies are fully qualified for the
demanding conditions and certification requirements of automotive
semiconductors. This now provides MagnaChip with a significant process
technology advantage and allows ELMOS to procure processed wafers
manufactured according to automotive standards from another source apart
from its own manufacturing facilities in Germany.

TJ Lee, Senior Vice President and General Manager, Corporate Engineering
and SMS Engineering of MagnaChip Semiconductor, commented, 'This is a key
step in expanding our specialty technology portfolio into the automotive
market segment. Our goal is to continue to manufacture highly
differentiated and cost-effective products for our customers. We aim to
build strategic relationships with world-class partners through outstanding
customer service and delivery of quality products. We are very proud to be
associated with an automotive industry leader like ELMOS, a partnership
which has allowed MagnaChip's foundry services to enter and serve the
fast-growing automotive semiconductor market.'

Reinhard Senf, Chief Operating Officer of ELMOS, says, 'We are pleased to
announce that the successful transfer of our automotive process technology
now results in a fruitful supply relationship from MagnaChip Semiconductor
to ELMOS. The diligent process transfer and true dedication of MagnaChip
Semiconductor to the automotive market are warrantors for excellent
quality. ELMOS and our customers will benefit from the enhanced flexibility
that ELMOS gains through this additional manufacturing source. We look
forward to continue and broaden our cooperation with MagnaChip
Semiconductor.'

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

About ELMOS Semiconductor
ELMOS Semiconductor AG is a leading developer and manufacturer of system
solutions on semiconductor basis based in Germany. For more than 25 years,
ELMOS chips have made automobiles as well as industrial and consumer goods
more performance and power efficient. ELMOS is listed on the Prime Standard
of the German Stock Exchange. For more information, visit www.elmos.de.

Contact: ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1,
44227 Dortmund, Phone: 0231-7549-0, Extension: -287, Fax: 0231-7549-548,
[email protected], www.elmos.de

End of Corporate News


04.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: ELMOS Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Deutschland
Phone: +49 (0)231 7549-575
Fax: +49 (0)231 7549-548
E-mail: [email protected]
Internet: http://www.elmos.de
ISIN: DE0005677108
WKN: 567710
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service

130699 04.07.2011

Talk to a Data Expert

Have a question? We'll get back to you promptly.