MagnaChip Ranked Second in Mobile AMOLED Display Driver IC Global Market

SEOUL, South Korea and SAN JOSE, CA-- MagnaChip Semiconductor Corporation ranked second in the mobile AMOLED display driver IC (DDIC) global market by IHS, Inc., the leading global source of critical information and insight. According to IHS, MagnaChip held a 38% market share in the fourth quarter of 2015 based on unit shipments of its mobile AMOLED display driver IC.

IHS has estimated that Korea based AMOLED display makers led the global mobile AMOLED display panel market with shipments in 2015 capturing 99% global market share. MagnaChip, which designs and manufactures display driver ICs for the mobile AMOLED panel market, accounted for approximately 38% of the mobile AMOLED display driver ICs shipped in 2015.

Since 2009, MagnaChip has been supplying mobile AMOLED display driver IC products that service a wide range of form factors and resolutions from handsets, tablets and TVs including High Definition (HD) to Wide Quad High Definition (WQHD). MagnaChip's rich IP portfolio and mixed-signal design and manufacturing expertise is the driving factor behind its ability to capture the second largest supplier position in the mobile AMOLED display driver IC market.

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