News Releases

Date Title and Summary  
Toggle Summary MagnaChip Semiconductor Updates Financial Guidance For First Quarter of 2020; Anticipates Higher Revenue
-- Increases Q1 Revenue Guidance Range to $187 Million to $197 Million from Previous Guidance Range of $180 Million to $195 Million Provided on February 19, 2020 -- Strategic Evaluation Process of Foundry Business and Fab 4 Ongoing SEOUL, South Korea and SAN JOSE, Calif., March 10, 2020
Toggle Summary MagnaChip Semiconductor Announces CFO Transition
-Shinyoung Park Appointed as Chief Accounting Officer -Company Commences Executive Search for New CFO -Strategic Evaluation Process for Foundry Business and Fab 4 Remains Ongoing SEOUL, South Korea and SAN JOSE, Calif. , March 1, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation
Toggle Summary MagnaChip Launches New MOSFET to Enhance Protection for Wireless Earphones While Recharging
SEOUL, South Korea and SAN JOSE, Calif. , Feb. 24, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation (" MagnaChip " or the " Company ") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today the company is entering the wireless earphone
Toggle Summary MagnaChip Revenue of $200.0 Million At High-End of Updated Q4 2019 Guidance Range; OLED Revenue of $67.3 Million in Fourth Quarter Up Two-Fold Year-Over-Year
- Gross Margin of 26.6% in Q4 Slightly Above Mid-Point of Updated Guidance Range - - Cash of $151.7 Million, Up 15.5% Sequentially; $20.5 Million Net Operating Cash Flow - - Revenue of $792.2 Million for 2019 Up 5.5%; OLED, Power Revenue Set Annual Records - SEOUL, South Korea and SAN JOSE, Calif.
Toggle Summary MagnaChip Offers 0.13 micron BCD Process with Enhanced Performance Suitable for Automotive Power Semiconductors
SEOUL , South Korea and SAN JOSE, Calif. , Feb. 10, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea -based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers a 0.13 micron BCD process with
Toggle Summary MagnaChip Schedules Fourth Quarter 2019 Earnings Release and Conference Call for February 19
SEOUL, South Korea and SAN JOSE, Calif. , Feb. 3, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Wednesday, February 19, 2020 at 5 p.m. ET to discuss the Company's financial results for the fourth quarter of 2019.
Toggle Summary MagnaChip Semiconductor Provides Updated Guidance for Q4 2019 Financial Results
- Revenue now expected to be in the range of $198-200 million as compared to previous estimate of $181-191 million - Gross profit margin expected to be in the range of 26-27% as compared to previous estimate of 24-26% - Strategic evaluation process for Foundry business and Fab 4 remains ongoing
Toggle Summary MagnaChip Semiconductor CEO YJ Kim Awarded Korea's Prestigious Industrial Service Medal
Award by Korean Ministry of Industry, Trade and Energy Acknowledges Job Development and Investment from Foreign Companies SEOUL, South Korea and SAN JOSE, Calif. , Nov. 4, 2019 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and
Toggle Summary MagnaChip Reports Revenue of $229.7 Million in Third Quarter 2019; OLED, Power Revenue Set Records; Foundry Revenue Hits 5-year High
-- Q3 Revenue at High-End of Guidance Range; Gross Profit Margin of 26.5% Exceeds Guidance Range -- SEOUL, South Korea and SAN JOSE, Calif. , Oct. 23, 2019 /PRNewswire/ --  MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the third quarter of 2019.
Toggle Summary MagnaChip Schedules Third Quarter 2019 Earnings Release and Conference Call for October 23
SEOUL, South Korea and SAN JOSE, Calif. , Oct. 11, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Wednesday, October 23, 2019 at 5 p.m. ET to discuss the Company's financial results for the third quarter of 2019.