-- 1T-OTP AVAILABLE IN HIGH-VOLTAGE CMOS PROCESS FOR A WIDE RANGE OF APPLICATIONS INCLUDING LED LIGHTING, POWER MANAGEMENT AND DISPLAY CONTROLLERS OTTAWA, Ontario, SEOUL, South Korea and

CUPERTINO, Calif., March 25, 2013 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal

semiconductor products, and Sidense Corp., a leading developer of Logic Non-Volatile Memory (LNVM) one-time programmable (OTP) memory IP cores today announced that Sidense's SLP 1T-OTP

macros have been fully qualified for MagnaChip's 180nm 1.8/3.3/18V high voltage CMOS and mixed-signal process. Semiconductor devices fabricated in these processes are used in

fabricated using MagnaChip's leading process technology," stated Tom Schild, Sidense's VP of Worldwide Sales and Marketing.  "By offering our very dense and low-power SLP

memory macros in MagnaChip's HV process, customers have a proven platform in which they can take full advantage of the benefits of 1T-OTP memory and its cost-effectiveness, reliability

and security advantages over eFuse, mask ROM and other NVM technologies." "Qualifying Sidense's SLP 1T-OTP memory macros in our high-voltage and mixed-signal processes with

high performance analog devices such as low noise and multi Vt transistors allows us to provide our key customers with significant benefits in performance and die area savings as well as

long term reliability at high temperatures," said Namkyu Park, Senior Vice President of Marketing for MagnaChip's Semiconductor Manufacturing Services Division. "By using

MagnaChip's specialized process technology with Sidense's reliable and cost-effective non-volatile memory macros, customers can bring to market products that offer distinct

advantages over those of their competitors having flexible analog trimming and/or control program storage." Sidense SLP SLP macros are available in a comprehensive range of

off-the-shelf configurations ranging from 128 bits for trim and configuration applications up to 256 Kbits per macro for code storage and multiple NVM uses. Benefits of Sidense's SLP

OTP include small footprints to minimize cost, low power consumption, field-programmability, available configurations with word widths up to 128 bits and fast read access to allow executing

code from OTP for many applications. 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, a large portfolio of registered and pending patents, and extensive engineering and manufacturing process expertise. For

more information, please visit www.magnachip.com. About Sidense Corp. Sidense Corp. provides secure, very dense and reliable non-volatile, one-time programmable (OTP) memory IP for use in

standard-logic CMOS processes with no additional masks or process steps required. The Company's innovative one-transistor 1T-Fuse™ architecture provides the industry's smallest

footprint, most reliable and lowest power Logic Non-Volatile Memory (LNVM) IP solution. With over 100 patents granted or pending, Sidense OTP provides a field-programmable alternative

solution to Flash, mask ROM and eFuse in many OTP and MTP applications. Sidense SiPROM, SLP and ULP memory products, embedded in more than 250 customer designs, are available from 180nm down

to 28nm and are scalable to 20nm and below. The IP is offered at and has been adopted by all top-tier semiconductor foundries and selected IDMs. Customers are using Sidense OTP for analog

trimming, code storage, encryption keys such as HDCP, WHDI, RFID and Chip ID, medical, automotive, and configurable processors and logic. For more information, please visit www.sidense.com.

MEDIA CONTACTS: SIDENSE Susan Cain                                                    Jim Lipman Cain Communications for Sidense             Sidense Tel: 503-538-2747

                                    Tel : 925-606-1370 Email: [email protected]                       Email: [email protected] MAGNACHIP – UNITED STATES                    MAGNACHIP - KOREA

Robert Pursel                                        Chankeum Park Director of Investor Relations                  Senior Manager, Public Relations Tel: 408-625-1262

                                       Tel: 82-2-6903-3195 Email: [email protected]      Email: [email protected] SOURCE MagnaChip Semiconductor Corporation