Sell-off of chipmaker
Korea should be on lookout against technology leaks to China Magnachip Semiconductor said it will be acquired by Wise Road Capital, a Chinese private equity fund, for about $1.4 billion. Magnachip was spun off in 2004 from Hynix Semiconductor, currently SK hynix, the worlds second-largest maker of DRAM chips. The companys flagship product is the OLED (organic light-emitting diode) display driver integrated circuit (DDI). In the market for core semiconductors in TVs and smartphones using OLED pa...
Hynix Semiconductor Samsung Electronics Magnachip Semiconductor China Shanghai Automotive Group Wise Road Capital Samsung Display
Source: koreatimes.co.kr