MagnaChip Enters Distribution Agreements With Asian Distributors
MagnaChip Semiconductor, Ltd., a provider of analog and mixed signal semiconductor products for high volume consumer applications, announced it has entered into distribution agreements for its power management products with three Asian distributors.
MagnaChip’s distribution partners are Supreme Electronics based in Taiwan, Plus Good Enterprises based in China/Hong Kong, and Tigerchip based in Korea.
Brent Rowe, Senior Vice President of Worldwide Sales at MagnaChip, commented, "Our entry into the power management market is timely given the increasing demand for energy efficient, green solutions. We expect our three new channel partners to expedite our market entry by supporting us in demand creation, the design in process, and other logistics. We are confident that MagnaChip’s power management solutions will utilize our advanced analog and mixed-signal technology platform to expand our market opportunity and meet more of our customers’ needs."