MagnaChip to Host Foundry Technology Symposium in Shenzhen, China in November 2018

SEOUL,South Korea,SAN JOSE,California,and SHENZHEN,China,Sept.24,2018 -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX),a designer and manufacturer of analog and mixed-signal semiconductor products,announced today that it will hold a Foundry Technology Symposium at the Shangri-La Shenzhen,on November 27,2018. After holding a successful Foundry Technology symposium in Shenzhen,in 2015,this second technology symposium in Shenzhen is part of MagnaChip's global foundry targeted geographic strategy to increase MagnaChip's brand awareness in China.

Major topics to be discussed are MagnaChip's current Foundry service offerings and future business roadmap,specialty technology processes,target applications and end-markets. This symposium is being conducted as a direct response to the increased interest and demand from current fabless customers in China for advanced analog and mixed-signal specialized foundry technologies.

During the symposium in Shenzhen,MagnaChip will highlight its technology portfolio along with discussions focused on mixed-signal,low-power technologies in the Internet of Things (IoT) sector,Bipolar-CMOS-DMOS (BCD) for high-performance analog and power management applications,Ultra-High Voltage (UHV) and Non-Volatile Memory (NVM). In addition,MagnaChip will present technologies used in applications including smartphones,tablet PCs,automotive,LED lighting,consumer wearables and IoT.

"We hope that this Foundry Technology Symposium in Shenzhen will better position us to understand our customers' needs in China," said YJ Kim,Chief Executive Officer of MagnaChip. "With our technology symposiums held in Taiwan,the United States and now in Shenzhen,we strongly believe that we will be able to better serve our global customers with our long history of providing successful foundry services and with our deep technological expertise."

A multitude of fabless companies,IDMs (Integrated Device Manufacturers) and other semiconductor companies are expected to attend MagnaChip's Shenzhen technology symposium.

To sign up for the event,and to receive more detailed information regarding the symposium,please visit www.magnachip.com or ifoundry.magnachip.com.

About MagnaChip Semiconductor

MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications,IoT,consumer,industrial and automotive applications. The Company's Standard Products Group and Foundry Services Group provide a broad range of standard products and manufacturing services to customers worldwide. MagnaChip,with over 30 years of operating history,owns a portfolio of approximately 3,100 registered patents and pending applications,and has extensive engineering,design and manufacturing process expertise. For more information,please visit www.magnachip.com. Information on or accessible through,MagnaChip's website is not a part of,and is not incorporated into,this release.

CONTACT S :

In the United States:

Bruce Entin

Entin Consulting

Tel. +1-408-625-1262

Investor.relations@magnachip.com

In Korea:

Chankeun Park

Director of Public Relations

Tel. +82-2-6903-5223

chankeun.park@magnachip.com