News Releases

SEOUL, South Korea , Nov. 4, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced that members of its executive management will participate at the following virtual investor conferences:     Roth Technology Virtual Event One-on-one meetings on November 11 and

- Completed sale of the Foundry Services Group business and Fab 4 on September 1, 2020   - Cash balance as of September 30, 2020 was $542.1 million including approximately $350.6 million cash proceeds   -- Paid $227.4 million to fully redeem 6.625% 2021 Senior Notes on October 2, 2020, lowering the

SEOUL, South Korea , Oct. 7, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will report its results for the third quarter ended September 30, 2020 on Thursday, October 29, 2020 after the close of market.

SEOUL, South Korea , Oct. 6, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that it completed the redemption of all of its 6.625% Senior Notes due 2021 (the "2021 Notes") on October 2, 2020 (the "Redemption Date").

Company addresses growing demand in TV market SEOUL, South Korea , Sept. 15, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE:MX) today announced the launch of two new LED Driver ICs for UHD TV BLU (Back Light Unit).

-- Purchase Price of Approximately $350.6 Million in Cash   -- Buyer assumed all severance liabilities relating to the transferred employees, which have a value of approximately $100 million   -- Use Part of Proceeds to Reduce Debt SEOUL, South Korea , Sept.

SEOUL, South Korea and SAN JOSE, Calif. , Aug. 14, 2020 /PRNewswire/ --  MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced that members of its executive management will participate at the following virtual investor conferences:     Nomura Virtual Asia Tech Tour 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

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

- 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