News Releases

Date Title and Summary  
Toggle Summary MagnaChip Reports Results for Second Quarter 2020
-- GAAP earnings per share of $0.34 from continuing operations   -- Non-GAAP diluted earnings per share from continuing operations of $0.13   -- Cash of $192.8 million highest since IPO in March 2011; net operating cash flow of $36.0 million, which was the 5th straight quarter of positive operating
Toggle Summary MagnaChip Ranked No.1 in the Global OLED Smartphone DDIC Non-Captive Market
Q1 2020 Market Share Hits an All-Time High of 33.2%, up 8.6% from Q1 2019   DDICs Are Crucial to Next-Gen Smartphone and Other Displays SEOUL, South Korea and SAN JOSE, Calif. , July 27, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) today announced that it has
Toggle Summary MagnaChip Appoints Ms. Kyo-Hwa (Liz) Chung to its Board of Directors
- MagnaChip expands Board to seven members with addition of Ms. Chung, a former judge who currently serves as the Head of Corporate, External and Legal Affairs, for Microsoft Korea SEOUL, South Korea and SAN JOSE, Calif. , July 20, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation
Toggle Summary MagnaChip Expands High Frame Rate DDIC Product Line for OLED Smartphone Displays
High Frame Rate OLED DDICs Are Vital to Full-Featured 5G Smartphones SEOUL, South Korea and SAN JOSE, Calif. , July 15, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced an expansion of the company's High Frame Rate (HFR) OLED DDIC product line for
Toggle Summary MagnaChip to Announce Second Quarter 2020 Financial Results on July 30
SEOUL, South Korea and SAN JOSE, Calif. , July 8, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will report its results for the second quarter ended June 30, 2020 on Thursday, July 30, 2020 after the close of market.
Toggle Summary MagnaChip Semiconductor to Participate in Citi's Silicon Valley Virtual Investor Bus Tour on June 12 at 8:00 a.m. PT
SEOUL , South Korea and SAN JOSE, Calif., June 8, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation  ("MagnaChip" or the "Company") (NYSE: MX) today announced that members of the executive management team will participate in Citi's Silicon Valley Virtual Investor Bus Tour on Friday, June
Toggle Summary Camillo Martino Succeeds Nader Tavakoli as Chairman of the Board of MagnaChip Semiconductor
Mr. Tavakoli to Remain a Member of the Board SEOUL, South Korea , June 4, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or "Company") (NYSE: MX) today announced the appointment of Camillo Martino as its new non‑executive Chairman of the Board of Directors (the "Board"),
Toggle Summary MagnaChip Names Young Soo Woo as Chief Financial Officer
SEOUL, South Korea and SAN JOSE, Calif. , May 21, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that it has appointed Mr. Young Soo Woo as Chief Financial Officer of the Company, effective as of May 25, 2020 . Mr.
Toggle Summary MagnaChip Delivers Solid Execution in First Quarter 2020
- Revenue from continuing operations was $120.5 million, up 12.3% year over year (YoY) - OLED revenue of $69.7 million a record for Q1, up 43.6% YoY - Revenue from discontinued operations was $76.5 million, up 52.7% YoY - Foundry Services Group categorized as "discontinued operations" pending sale
Toggle Summary MagnaChip Schedules First Quarter 2020 Earnings Release and Conference Call for May 6
SEOUL, South Korea and SAN JOSE, Calif. , April 15, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Wednesday, May 6, 2020 at 5 p.m. ET to discuss the Company's financial results for the first quarter of 2020.