Magnachip Semiconductor Corporation Signs IGBT Technology Agreement with Hyundai Mobis

Magnachip Semiconductor Corporation has finalized an agreement with Hyundai Mobis to use advanced IGBT technology. The partnership aims to expand Magnachip's business and facilitate the production of high-performance power semiconductors for hybrid electric vehicles and electric vehicles. IGBTs are crucial for high-power systems, and only a few market leaders possess the capabilities for stable mass production.