SEOUL, South Korea, July 2, 2026 – Chae Lee, a 30-year semiconductor veteran with a background spanning power ICs, PMICs, sensors, and GaN RF technology, takes over as chief executive officer (CEO) of MagnaChip Semiconductor, succeeding interim chief Camillo Martino. Lee also joins the company’s board of directors. Martino, who had led Magnachip on an interim basis since August 2025, stays on as chairman of the board.
Lee’s career includes work in applications engineering, sales, marketing, and operations across power semiconductors, power management integrated circuits (PMIC), sensors, and audio amplifiers. He most recently served as CEO of Tagore Technology, which supplies gallium nitride (GaN) semiconductor solutions for radio frequency (RF) and power applications. Earlier in his career, he held senior leadership positions at Insyte Systems, NXP Semiconductors, and Maxim Integrated Products, where he worked in the mobility group.
“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.”
Source: Magnachip
About Magnachip Semiconductor
MagnaChip Semiconductor designs and manufactures analog and mixed-signal semiconductors. The company was founded in 2004 and is headquartered in South Korea. It operates two business segments: the Standard Products Group, which makes display driver chips, power discretes and power management chips, and the Foundry Services Group, which provides analog and mixed-signal manufacturing services to fabless and integrated device manufacturer semiconductor companies. Product lines include organic light-emitting diode and liquid-crystal display driver chips, metal-oxide-semiconductor field-effect transistors, insulated-gate bipolar transistors, LED drivers, and switching and linear regulators. Customers include consumer electronics manufacturers, industrial equipment makers and automotive suppliers in South Korea, the Asia-Pacific region, Japan, North America and Europe, served through a direct sales force and through authorized agents and distributors.