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Sep 11, 2023

Magnachip Targets Electric Vehicle Market with New 1200V and 650V IGBTs Featuring Advanced Field Stop Trench Technology

- Magnachip commences full-scale mass production of 1200V and 650V IGBTs for PTC heaters of electric vehicles SEOUL, South Korea , Sept. 11, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today the launch of its 1200V and 650V Insulated Gate

Sep 06, 2023

MAGNACHIP SEMICONDUCTOR CORPORATION ANNOUNCES RESIGNATION OF MEL KEATING AS A MEMBER OF THE BOARD OF DIRECTORS

SEOUL, South Korea , Sept. 6, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") received a letter of resignation, dated September 5, 2023 , from Mr. Mel Keating , a member of the board of directors of the Company (the "Board"), whose resignation was

Aug 07, 2023

Magnachip Reports Results for Second Quarter 2023

Revenue of $61.0 million was in-line with guidance (vs $60.5M mid-point) and was down 39.8% YoY and up 7% sequentially. Gross profit margin was 22.2%, up 100 basis points from Q1. The sequential improvement was primarily driven by higher utilization at our Gumi Fab.

Jul 19, 2023

Magnachip to Announce Second Quarter 2023 Financial Results on August 7

SEOUL, South Korea , July 19, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended June 30, 2023 , on Monday, August 7, 2023 , after the market close.

Jul 17, 2023

MAGNACHIP ANNOUNCES DIRECTOR RESIGNATION

SEOUL, South Korea , July 17, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that Gary Tanner has notified the Company of his intention to resign from the Company's Board of Directors.

Jul 10, 2023

Magnachip Expands Its 7th-Generation MXT LV MOSFET Line-Up for Battery Protection Circuits of Mobile Devices

SEOUL, South Korea , July 10, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has released four new MXT LV Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs) * , using Super- Short Channel technology, to

Jun 20, 2023

Magnachip Announces Participation in 15th Annual CEO Investor Summit 2023

SEOUL, South Korea , June 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) today announced management's participation in the 15th Annual CEO Investor Summit 2023, being held Wednesday, July 12th at the St.

Jun 12, 2023

Magnachip Starts Mass Production of 40V MXT MOSFET for Automotive Energy Recovery Systems

– The 40V MXT MOSFET with R DS(on) as low as 1.4mΩ enables effective kinetic energy recovery in cars SEOUL, South Korea , June 12, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has begun mass production of its new

May 30, 2023

MAGNACHIP ANNOUNCES PLAN TO SEPARATE DISPLAY AND POWER BUSINESSES

SEOUL, South Korea , May 30, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that the Company is separating its display and power businesses into separate entities, following approval by its board of directors and strategic review

May 03, 2023

Magnachip Reports Results for First Quarter 2023

Revenue of $57.0 million was within our guidance range. YoY, our revenue decreased 45.2% primarily due to continued effects of last year's 28nm wafer supply shortage that impacted second half 2022 design-wins and the ongoing inventory correction driven by weak consumer demand.

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