Magnachip Semiconductor Corporation has appointed Chae Lee as Chief Executive Officer, effective July 1, 2026. Lee is also expected to join the company’s Board of Directors following the commencement of his appointment. He succeeds Camillo Martino, who has served as Interim Chief Executive Officer since August 2025 and will continue in his role as Chairman of the Board of Directors.

The appointment marks a new phase in Magnachip’s leadership as the company continues to expand its focus on power semiconductor technologies and pursue growth opportunities across high-value semiconductor markets.

Lee brings more than three decades of experience in the global semiconductor industry, with expertise spanning power semiconductors, power management integrated circuits (PMICs), sensors, audio amplifiers, and system-level semiconductor solutions. Throughout his career, he has held leadership positions across engineering, applications, sales, marketing, operations, and executive management.

Most recently, Lee served as Chief Executive Officer of Tagore Technology, where he led the company’s development of gallium nitride (GaN) semiconductor technologies for both radio frequency (RF) and power applications.

Prior to joining Tagore Technology, Lee held senior leadership roles at several major semiconductor companies, including Insyte Systems, NXP Semiconductors, and Maxim Integrated Products. During his tenure at Maxim, he played a key role in driving high-margin revenue growth through innovative product development within the company’s mobility business.

According to Chairman Camillo Martino, Lee’s combination of technical expertise, operational leadership, and commercial experience makes him well suited to lead Magnachip through its next stage of growth.

Martino noted that Lee’s background across power integrated circuits and system-level semiconductor solutions closely aligns with Magnachip’s strategy to strengthen its product portfolio, accelerate innovation, and expand its presence in attractive power semiconductor markets.

He also expressed appreciation to the company’s employees for their commitment during the past year and stated that he looks forward to working closely with Lee and the executive leadership team in his continued role as Chairman of the Board.

Commenting on his appointment, Lee described Magnachip as a company with a strong heritage in power semiconductors, experienced engineering talent, valuable manufacturing capabilities, and an expanding pipeline of next-generation products.

He indicated that Magnachip is well positioned to capitalize on long-term growth opportunities across several key markets, including:

  • Artificial intelligence (AI)
  • Data center infrastructure
  • Industrial electronics
  • Automotive systems
  • Robotics
  • Communications equipment
  • Computing platforms
  • Consumer electronics

Lee also emphasized his commitment to working closely with the Board of Directors and employees to build upon the company’s recent progress while creating long-term value for customers, employees, and shareholders.

Original – Magnachip Semiconductor