Korean analog and mixed-signal semiconductor manufacturer
MagnaChip Semiconductor Corporation
) recently announced that it has introduced a new version of its
0.18um embedded Bipolar-CMOS-DMOS (eBCD) technology.
The latest product uses a new binary-coded decimal (BCD),
which provides minimal mask additions. Moreover, BCD supports
high voltage range applications including DC-DC converters and
regulators, low-distortion audio amplifiers, and battery
management ICs for mobile and consumer markets.
The BCD technology also uses high density logic devices and
high performance analog devices, which are capable of supporting
premium features available on standard logic processes, including
multiple time programmable memory (MTP), one time programmable
memory (OTP), fuse-based trim capabilities, high K
metal-insulator-metal capacitors, copper wire bonding
compatibility, thick low-cost aluminum top metallization, and
low-cost redistribution layer (RDL) process options.
The new modular process will likely help MagnaChip meet
customers' demand for equipments that can support high voltage
applications and are economic as well.
Recently, the company had also approved a share buyback
program to repurchase up to $100 million of its common stock
during the period from Aug 5, 2013 to Dec 15, 2014.
MagnaChip reported second-quarter 2013 revenues of $215.3
million, which rose 6.2% year over year, while net income
remained flat at $4.4 million or 12 cents per share.
MagnaChip currently carries a Zacks Rank #2 (Buy). Some other
stocks in the same industry that are worth a look include
Microchip Technology Inc.
Monolithic Power Systems Inc
). All these have a Zacks Rank #2.
MICROCHIP TECH (MCHP): Free Stock Analysis
MONOLITHIC PWR (MPWR): Free Stock Analysis
MAGNACHIP SEMI (MX): Free Stock Analysis
MAXLINEAR INC-A (MXL): Free Stock Analysis
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