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News Breaks
June 16, 2014
16:10 EDTMXMagnaChip, SENIS AG sign patent license agreement
MagnaChip Semiconductor announced that it has signed a patent license agreement with SENIS AG, a manufacturer of magnetic field and current measurement instruments based in Zug, Switzerland. With the agreement, MagnaChip acquires the right to use a portfolio of SENIS' patents covering magnetic field and current measurement technologies in its sensor products. MagnaChip expects the agreement to significantly strengthen the company's existing initiatives in sensors and allow development of sensor solutions for new industrial and consumer applications. MagnaChip's existing portfolio of sensors includes the e-Compass and MXM11XX Digital Hall sensor family. According to Gartner, non-optical semiconductor sensor revenue grew 5.9% in 2013 to $6.1B, and is expected to grow to $10.2B in 2018.
News For MX From The Last 14 Days
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October 7, 2014
06:09 EDTMXMagnaChip announces NYSE listing extension
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