This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

MagnaChip And Peregrine Semiconductor Expand Production Of STeP5 UltraCMOS® RFIC And DuNE™ DTC Tuning Products

SAN DIEGO, and SEOUL, South Korea, Nov. 19, 2012 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip Semiconductor") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, and Peregrine Semiconductor Corporation (NASDAQ: PSMI), a fabless provider of high-performance radio frequency integrated circuits (RFICs), today announced that MagnaChip has expanded production of Peregrine Semiconductor's STeP5 UltraCMOS® technology-based RFIC product line, including the most recent DuNE™ Digitally Tunable Capacitors ( DTCs) for RF impedance tuning.  Peregrine Semiconductor and MagnaChip announced the final qualification and high-volume production ramp of the "STeP5" UltraCMOS process in the third calendar quarter 2011.  Due to the continued increase in orders for the STeP5 products, MagnaChip fulfilled the fastest manufacturing ramp in Peregrine Semiconductor's history.

(Logo: http://photos.prnewswire.com/prnh/20120305/NY61184LOGO )  

Current generations of UltraCMOS, an advanced form of Silicon-on-Insulator technology, utilize a sapphire substrate, which enables high levels of monolithic integration, and results in smaller die, higher yields, and fewer external components than other competing compound semiconductor processes.  Distinctive generations of the UltraCMOS process are released in "STePs."  The STeP5 products are produced at MagnaChip's Cheongju, South Korea facility, where MagnaChip also manufactures Peregrine's legacy "STeP3" and "STeP4" UltraCMOS devices in high volume.

"It is important for MagnaChip to engage with partners who are solving the RF-design challenges associated with the latest 4G LTE networks, and Peregrine Semiconductor is one of those partners," said Namkyu Park, Vice President of Marketing for MagnaChip's foundry division.  "We are pleased with the successful ramp and rapid expansion of the STeP5 UltraCMOS product line, including the DuNE DTCs for RF impedance matching.  MagnaChip's manufacturing expertise, combined with our customers' design capabilities, will allow us to continue to provide robust and cost-competitive manufacturing solutions to our customers."

"MagnaChip has provided excellent support and flexibility in ramping to meet the large demand for our STeP5 UltraCMOS products," said Ian Warbrick, vice president of operations for Peregrine Semiconductor.  "They added capacity very quickly, and processed a large volume of wafers with expedited cycle times, enabling us to meet our customers' expectations."

About Peregrine SemiconductorPeregrine Semiconductor (NASDAQ: PSMI) is a fabless provider of high-performance radio frequency integrated circuits (RFICs). Our solutions leverage our proprietary  UltraCMOS® technology, an advanced RF Silicon-On-Insulator process.  Our products deliver what we believe is an industry-leading combination of performance and monolithic integration, and target a broad range of applications in the aerospace and defense, broadband, industrial, mobile wireless device, test and measurement equipment, and wireless infrastructure markets.  Additional information is available on the Company's website at  http://www.psemi.com.

About MagnaChip Semiconductor Headquartered in South Korea, MagnaChip Semiconductor is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications. MagnaChip Semiconductor believes it has one of the broadest and deepest range of analog and mixed-signal semiconductor platforms in the industry, supported by its 30-year operating history, large portfolio of registered and pending patents and extensive engineering and manufacturing process expertise. For more information, please visit http:// www.magnachip.com.

The Peregrine Semiconductor name, logo, and UltraCMOS are registered trademarks, and DuNE is a trademark, of Peregrine Semiconductor Corporation in the U.S.A., and other countries. All other trademarks mentioned herein are the property of their respective owners.

Peregrine Semiconductor Editorial Contact Michelle Ragsdale, Sr. Public Relations GeneralistPhone: (858) 795-0154 mragsdale@psemi.com  http://www.psemi.com

Peregrine Semiconductor Investor Relations Contacts Jay Biskupski, Chief Financial OfficerPhone: (858) 731-9400 ir@psemi.com or The Blueshirt Group Suzanne Craig or Melanie FriedmanPhone: (415) 217-4962, (415) 217-4964 suzanne@blueshirtgroup.com  melanie@blueshirtgroup.com

MagnaChip Contacts In the United States Robert PurselDirector of Investor RelationsPhone: 408-625-1262 robert.pursel@magnachip.com

In KoreaChankeun ParkSenior Manager, Public RelationsPhone: +82-2-6903-3195 chankeun.park@magnachip.com  http://www.magnachip.com/

SOURCE MagnaChip Semiconductor Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,001.22 -38.27 -0.22%
S&P 500 1,988.40 -3.97 -0.20%
NASDAQ 4,538.5510 +6.4470 0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs