MagnaChip Appoints YJ Kim EVP and General Manager of its Display Solutions Division

SEOUL, South Korea and CUPERTINO, Calif., May 6, 2013 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced the appointment of YJ Kim as Executive Vice President and General Manager of its Display Solutions Division. Mr. Kim will report to Sang Park, MagnaChip's Chairman and CEO.

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Mr. Kim has over 24 years of semiconductor industry experience. He joins MagnaChip from Cavium, Inc., where he was Vice President of the Infrastructure Processor Division and General Manager of the Multi-core Processor Group. Prior to Cavium, Mr. Kim was Core Team Lead and GM at Intel Corporation, where he also held various other management positions in marketing and business development. Mr. Kim has also served as Director of Marketing at Samsung Semiconductor, Inc. in San Jose, where he defined strategy and business planning for their memory and microprocessor products.  Mr. Kim holds Bachelor of Science and Master of Engineering in Electrical Engineering degrees from Cornell University. 

"We are very pleased to have an executive of Mr. Kim's caliber join MagnaChip's management team," said Sang Park, MagnaChip's Chairman and CEO.  "He brings invaluable semiconductor operations and marketing expertise, which will help position MagnaChip for profitable growth as we continue to expand our Display Solutions customer mix and product portfolio."

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. For more information, please visit www.magnachip.com.

SOURCE MagnaChip Semiconductor Corporation