NeoMagic Corporation is a fabless semiconductor company and supplier of low-power audio and video integrated circuits for mobile use (MagicMedia).

[1] Working with semiconductor vendor Mitsubishi Electric as a key foundry supplier, NeoMagic introduced its first graphics processors in 1995;[2] these were notable for being the first chips to combine a graphics logic and DRAM video memory into one chip.

[2] In 2000, NeoMagic left the laptop market completely,[4] and switched their focus to producing systems on a chip, or SOCs, for mobile phones and other handheld devices, like PDAs.

[5] The firm's first handheld chips were unveiled in 2001, when NeoMagic introduced the MiMagic line.

[11] In 1998, Red Hat was able to release the source code of the XFree86 driver developed by Precision Insight Inc. which was previously distributed as proprietary software.