SEOUL , South Korea , Aug. 24 /PRNewswire-FirstCall/ -- Pixelplus Co., Ltd. (Nasdaq: PXPL), a fabless semiconductor company in Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, today announced that the Company obtained a completely positive decision from the Korean Patent Court on the cancellation and invalidation of item 12 of the disputed sensor patent claimed by MagnaChip Semiconductor ("MagnaChip").
Earlier this month, the Company announced that the Intellectual Property Tribunal at the Korea Intellectual Property Office ruled that the Company's sensor patent does not infringe item 12 of the disputed sensor patent claimed by MagnaChip.
About Pixelplus Co., Ltd.
Pixelplus is a South Korea-based developer of high-performance, high- resolution, and cost-effective CMOS image sensors for use primarily in mobile camera phones. In addition to mobile phones, Pixelplus provides CMOS image sensors and SoC solutions for use in webcams and notebook embedded cameras, toys and games, and security and surveillance system applications.
As a fabless semiconductor company, Pixelplus is focused on creating proprietary design technologies to develop CMOS image sensors with sharp, colorful and enhanced image quality, size efficiency, and low power consumption.
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SOURCE Pixelplus Co., Ltd.