News Releases

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

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"),

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.

- 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

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.

- Transaction Value Approximately $435 Million, Including $345 Million in Cash - - Streamlines MagnaChip into a Pure-play Standard Products Company - - Positions the Company to Focus on High Growth Markets in Analog Power and Display Solutions Including OLED and MicroLED - - Strengthens MagnaChip's

-- 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

-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

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

- 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.