News

Keyword Search

Year

Aug 05, 2021

Magnachip Reports Results for Second Quarter 2021

-- Second quarter revenue of $113.9 million was down 7.4% sequentially and down 4.2% year-over-year (YoY). -- Gross profit margin for the second quarter was 29.8%, up 190 bps sequentially and up 280 bps YoY. -- GAAP net loss was $(0.2) million or $(0.00) per diluted share.

Jun 16, 2021

Magnachip Announces Postponement of Special Meeting of Stockholders Pending Further Developments with respect to Interim Order from CFIUS

SEOUL, South Korea , June 17, 2021 /PRNewswire/ -- As previously announced, on March 25, 2021 , Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX), the South Korean leader in display and power solutions, entered into an Agreement and Plan of Merger (the "Merger

Jun 11, 2021

Magnachip Confirms Receipt of Unsolicited Proposal

SEOUL, South Korea , June 11, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX), the South Korean leader in display and power solutions, today confirmed receipt of an unsolicited proposal from Cornucopia Investment Partners on behalf of itself and a

May 10, 2021

/C O R R E C T I O N -- Magnachip Semiconductor Corporation/

In the news release, Magnachip Reports Results for First Quarter 2021, issued 10-May-2021 by Magnachip Semiconductor Corporation over PR Newswire, we are advised by the company that the fourth subheadline, should read " $0.22 " rather than " 0.22 cents " as originally issued inadvertently.

May 10, 2021

Magnachip Reports Results for First Quarter 2021

- First quarter revenue of $123.0 million was down 13.9% sequentially and up 2.1% year-over-year (YoY). - Gross profit margin for the first quarter was 27.9%, up 100 bps sequentially and up 370 bps YoY. - GAAP diluted loss per share for the first quarter was $0.19.

Apr 26, 2021

Magnachip to Announce First Quarter 2021 Financial Results on May 10

SEOUL, South Korea , April 26, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) will provide a press release with fiscal first quarter 2021 results before the market opens on Monday, May 10, 2021. This release will be accessible from the 'Investors'

Mar 26, 2021

Magnachip Enters into Definitive Agreement with Wise Road Capital in a Take Private Transaction Valued at $1.4 Billion

- Magnachip shareholders to receive $29.00 in cash per share - Represents a 54% premium to Magnachip's unaffected closing price of $18.83 on March 2, 2021 and a 75% premium to the 3-month volume-weighted average share price SEOUL, South Korea , March 26, 2021 /PRNewswire/ -- Magnachip Semiconductor

Mar 15, 2021

Magnachip Unveils LDO Linear Regulator Featuring Ultra-Fast Transient Response for UFS-Based Multi-Chip Packages

SEOUL, South Korea , March 15, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has released a new Low-dropout (LDO) linear regulator featuring an ultra-fast transient response for a Universal Flash Storage (UFS)-based Multi-Chip

Mar 03, 2021

Magnachip to Attend Upcoming Investor Conferences

SEOUL, South Korea , March 3, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced that members of its executive management will participate at the following virtual investor conferences: Loop Capital Market's 2021 Consumer, Industrial & TMT Investor

Feb 18, 2021

Magnachip Enters Full-Scale Mass Production of High Frame Rate OLED DDIC for 5G Smartphones with QHD Displays

SEOUL, South Korea , Feb. 18, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the Company has commenced full-scale mass production of its first 120Hz High Frame Rate (HFR) OLED display driver IC (DDIC) for QHD flexible displays, followed by

Pagination

Current page 1
Page 2
Next page
Last page