1.The Reasons Why Magnachip Was Sold
1.1 After the Sale of the FSG Business Group, Magnachip is Constrained by Insufficient Wafer Production Capacity
1.2 The SPG Business Group Faces Customers Withdrawing from the LCD market, which Directly Impacts the SPG Business
1.3 The OLED Market Surge Could Offer Magnachip a Way Forward
2.Why a Chinese Firm Acquired Magnachip
2.1 Excellent IC Display Driver Design Capabilities and Complete IDM Manufacturing Experience
2.2 China Has Strong OLED Panel Production Capacity
2.3 China Aggressively Develops Its Domestic Display Driver IC Industry
2.3.1 7
China to Reduce Reliance on Imported LCD Display Driver ICs to Become a Major Supplier
2.4 M&A Activity to Build Stronger Display Drive IC Design Capabilities
2.4.1 Qingxin Huachuang Acquired Synaptics' TDDI Business, and Later Merged With Will Semiconductor
2.5 The Chinese Government Strongly Subsidizes the Foundry Industry, and Nexchip Uses a 12-inch Fab to Expand Production
2.5.1 China Provides Tax Relief for Semiconductor Companies, and Nexchip is Building a 12-inch Foundry Production Line
2.5.2 Nexchip Receives Strong Government Support for Continuous Production Expansion, with a Monthly Production Target of 80,000 to 100,000 Wafers
4. MIC Perspective
Appendix
List of Companies