MagnaChip Introduces First Power Management IC for Laptops with UHD Display Panels News provided by Share this article Share this article SEOUL, South Korea, Dec. 17, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), announced today a new line of power management integrated circuit (PMIC) by introducing its first UHD display panel PMIC for laptops. MagnaChip (NYSE: MX) has introduced its first power management integrated circuit (PMIC) for laptops with UHD display panels. PMICs are integrated circuits that include multiple power management functions within a single chip, and they are frequently used to power space-constrained devices where high-efficient and compact form factors are required. They are essential for battery-operated devices since the battery life depends on the efficiency of the PMIC's power management capabilities.