Magnachip Appoints Chae Lee as Chief Executive Officer

Chae Lee has more than 30 years of experience in the global semiconductor industry. He has worked on power semiconductors, power management chips (PMICs), sensors, audio amplifiers, and has held leadership roles in sales, marketing, operations, and product development.

Before joining Magnachip, Lee was the CEO of Tagore Technology, a company that develops Gallium Nitride (GaN) semiconductor solutions for radio frequency and power applications. Earlier in his career, he also held senior leadership positions at Insyte Systems, NXP Semiconductors, and Maxim Integrated Products, where he helped drive product innovation and business growth.

“Chae has a strong background ideally suited to guide Magnachip through its next phase of growth,” said Camillo Martino, Chairman of the Board. “Chae brings a unique combination of deep technical expertise, operational leadership and commercial experience across both power ICs and system solutions. His experience aligns perfectly with Magnachip’s strategy to strengthen our product portfolio, accelerate innovation and expand our presence in high-value power semiconductor markets.”

Martino added, “On behalf of the Board, I would also like to thank our employees for their dedication and resilience over the past year. I look forward to continuing to work closely with Chae and the management team as Chairman.”

“I am honored to join Magnachip at this important point in its evolution,” said Lee. “Magnachip has a strong heritage in power semiconductors, a talented team, valuable manufacturing assets and on a path to developing compelling next-generation products. I believe the Company is well positioned to capitalize on long-term opportunities across AI, data center, industrial, automotive, robotics, communications, computing and consumer applications. I look forward to working closely with the Board and the entire Magnachip organization to build on the progress already underway and create outstanding value for customers, employees and shareholders.”

Magnachip is a semiconductor company that designs and manufactures analog and mixed-signal power chips used in industries such as automotive, industrial, communications, consumer electronics, and computing.

With around 45 years of experience, the company supplies a wide range of semiconductor products to customers around the world. Magnachip also has a large portfolio of patents and strong expertise in chip design, engineering, and manufacturing.

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