September 11,2008

eMemory and MagnaChip Partner to Offer Non-Volatile Memory Logic and High Voltage Processes

Hsinchu, Taiwan and Seoul, Korea, September 11, 2008, eMemory Technology Inc., a provider of intellectual property for logic embedded non-volatile memory (NVM) and MagnaChip Semiconductor Ltd., a leading Asia-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications, today announced that the NeoBit-embedded non-volatile memory (NVM) intellectual property has received final verification to be applied in CMOS logic and high-voltage processes.

NeoBit Technology is applied in 0.18um and 0.35um logic, high-voltage, and analog processes for a variety of products including LCD driver ICs, PMICs, and analog ICs. Currently in global mass production, NeoBit OTP devices increase wafer yield and product function by parameter tuning after modeling and packaging, effectively improving production flexibility and customization quality.

MagnaChip, a specialty foundry provider of analog and mixed signal process technologies, is the first foundry alliance partner to work with eMemory in Korea. MagnaChip has been working with eMemory on the development of NVM and high-voltage platforms in recent years. eMemory will continue to work in close cooperation with MagnaChip on development of advanced technologies and processes to enhance their overall competitiveness and market scope.

Charles Hsu, President of eMemory, commented, “We are pleased to work with MagnaChip as a strategic partner. In addition to providing our NeoBit OTP technology, a highly reliable and cost-effective solution, MagnaChip and eMemory are collaborating closely to expand and enhance product variety by offering distinctive technology.”

Channy Lee, Executive Vice President and General Manager of MagnaChip's Semiconductor Manufacturing Services business, commented, “It's our mission to create the most innovative and cost-effective manufacturing solutions for our customers. The combination of MagnaChip's manufacturing expertise and eMemory's NeoBit NVM together will offer customers the best solution in the marketplace.”