AMI, MagnaChip Team on SmartPower, Ultra-Low-Power Technology

AMI Semiconductor (NASDAQ:AMIS), a leading designer and manufacturer of state-of-the-art mixed-signal and digital products for the automotive, medical and industrial markets, and MagnaChip Semiconductor, a leading designer, developer and manufacturer of mixed-signal and digital multimedia semiconductors, announced that MagnaChip will manufacture AMI Semiconductor’s 0.35-micron SmartPower technology and continue existing joint development of ULP technology. This agreement follows a November 4, 2005 announcement of a 0.18-micron development and foundry relationship between the two companies.

MagnaChip and AMIS have developed a 0.18-micron ultra-low power (ULP) process that enables customers to extend battery life by combining a typical off-current of 0.1pA/um2 for the core logic transistor with an optimized design environment including low-power standard cells and SRAM compilers from Virage Logic. The ULP process offers embedded EEPROM, all standard mixed-signal modules and ultra-high reliability. Developed in conjunction with AMIS, the process is targeted at battery powered and other key low-power consumer and medical devices.

Another part of the agreement covers the SmartPower process transfer from AMIS to MagnaChip along with a capacity agreement that allows AMIS to utilize MagnaChip’s foundry services to address significant growth opportunities in the high-voltage telecom market. AMI Semiconductor’s SmartPower 0.35-micron mixed-signal process supports up to 80V operation and combines high-density digital circuits, high-voltage circuitry and high-precision analog blocks on a single chip.

“We are pleased to have MagnaChip as a manufacturing partner to supplement our own manufacturing operations,” said Chris King, CEO of AMIS. “The collaborative effort of both companies will provide our customers with leading-edge technology and, thus, advanced products for low-power medical applications, such as hearing aids and implantable devices, as well as high-voltage telecom products, such as highly-integrated power-sourcing equipment, that use SmartPower technology.”

“We appreciate the confidence AMIS has shown in MagnaChip by embracing us as a manufacturing partner in two key process technology areas,” said Sang Park, Chairman and CEO of MagnaChip. “We believe that this relationship will enable our two companies to grow in the ultra-low-power and SmartPower markets and provide customers top-level quality and capabilities in their end products.”

About AMI Semiconductor
AMI Semiconductor (AMIS) is a leader in the design and manufacture of silicon solutions for the real world. As a widely recognized innovator in state-of-the-art mixed-signal and digital products, AMIS is committed to providing customers in the automotive, medical, industrial, mil/aero and communication markets with the optimal value, quickest time-to-market semiconductor solutions. AMI Semiconductor operates globally with headquarters in Pocatello, Idaho, European corporate offices in Oudenaarde, Belgium, and a network of sales and design centers located in the key markets of the North America, Europe and the Asia Pacific region.

About MagnaChip Semiconductor
MagnaChip Semiconductor is a leading designer, developer and manufacturer of mixed-signal and digital multimedia semiconductors addressing the convergence of consumer electronics and communications devices. MagnaChip provides wafer foundry services utilizing CMOS high voltage, embedded memory, analog and power process technologies for the manufacture of ICs for customer-owned designs. We also focus on CMOS image sensors and flat panel display drivers, which are complex, high performance, mixed-signal semiconductors that capture images and enable and enhance the features and capabilities of both small and large flat panel displays. MagnaChip has world-class manufacturing capabilities and an extensive portfolio of approximately 8,500 registered and pending patents. As a result, MagnaChip is a valued partner in providing leading technology solutions to its customers worldwide.