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<link:definition>1027 - Disclosure - Inventories (Tables)</link:definition>
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<link:definition>1050 - Disclosure - Derivative Financial Instruments - Additional Information (Detail)</link:definition>
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<link:roleType roleURI="http://www.magnachip.com/role/AccruedSeveranceBenefitsChangesInAccruedSeveranceBenefitsDetail" id="AccruedSeveranceBenefitsChangesInAccruedSeveranceBenefitsDetail">
<link:definition>1058 - Disclosure - Accrued Severance Benefits - Changes in Accrued Severance Benefits (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/AccruedSeveranceBenefitsFutureBenefitsPaymentsToEmployeesDetail" id="AccruedSeveranceBenefitsFutureBenefitsPaymentsToEmployeesDetail">
<link:definition>1059 - Disclosure - Accrued Severance Benefits - Future Benefits Payments to Employees (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/ForeignCurrencyLossNetAdditionalInformationDetail" id="ForeignCurrencyLossNetAdditionalInformationDetail">
<link:definition>1060 - Disclosure - Foreign Currency Loss, Net - Additional Information (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/IncomeTaxesAdditionalInformationDetail" id="IncomeTaxesAdditionalInformationDetail">
<link:definition>1061 - Disclosure - Income Taxes - Additional Information (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/GeographicAndOtherInformationAdditionalInformationDetail" id="GeographicAndOtherInformationAdditionalInformationDetail">
<link:definition>1062 - Disclosure - Geographic and Other Information - Additional Information (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/GeographicAndOtherInformationScheduleOfOperatingSegmentDetail" id="GeographicAndOtherInformationScheduleOfOperatingSegmentDetail">
<link:definition>1063 - Disclosure - Geographic and Other Information - Schedule of Operating Segment (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/GeographicAndOtherInformationNetSalesByRegionBasedOnLocationOfProductsAreBilledDetail" id="GeographicAndOtherInformationNetSalesByRegionBasedOnLocationOfProductsAreBilledDetail">
<link:definition>1064 - Disclosure - Geographic and Other Information - Net Sales by Region, Based on Location of Products are Billed (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>1065 - Disclosure - Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/StockholdersEquityAdditionalInformationDetail" id="StockholdersEquityAdditionalInformationDetail">
<link:definition>1066 - Disclosure - Stockholders' Equity - Additional Information (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>1067 - Disclosure - Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Income Loss (Detail)</link:definition>
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<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/EarningsLossPerShareAdditionalInformationDetail" id="EarningsLossPerShareAdditionalInformationDetail">
<link:definition>1068 - Disclosure - Earnings (Loss) Per Share - Additional Information (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>1069 - Disclosure -  Earnings (Loss) Per Share - Schedule of Computation of Basic and Diluted Loss Per Common Share (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:definition>1070 - Disclosure - Earnings (Loss) Per Share - Schedule of Antidilutive Securities Excluded from the Computation of Loss Per Common Share (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.magnachip.com/role/MergerAgreementAdditionalInformationDetails" id="MergerAgreementAdditionalInformationDetails">
<link:definition>1071 - Disclosure - Merger Agreement - Additional Information (Details)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<link:roleType roleURI="http://www.magnachip.com/role/CommitmentsAndContingenciesAdditionalInformationDetail" id="CommitmentsAndContingenciesAdditionalInformationDetail">
<link:definition>1072 - Disclosure - Commitments and Contingencies - Additional Information (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:roleType roleURI="http://www.magnachip.com/role/SubsequentEventsAdditionalInformationDetail" id="SubsequentEventsAdditionalInformationDetail">
<link:definition>1073 - Disclosure - Subsequent Events - Additional Information (Detail)</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
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<element name="LeaseLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_LeaseLiabilities" substitutionGroup="xbrli:item" xbrli:balance="credit" />
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<element name="FinanceLeasesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_FinanceLeasesAbstract" substitutionGroup="xbrli:item" />
<element name="AccruedOutsideServiceFeesCurrent" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_AccruedOutsideServiceFeesCurrent" substitutionGroup="xbrli:item" xbrli:balance="credit" />
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<element name="StandardCharteredBankKoreaLimitedMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_StandardCharteredBankKoreaLimitedMember" substitutionGroup="xbrli:item" />
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<element name="PostemploymentBenefitPaymentsRemainderOfFiscalYear" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PostemploymentBenefitPaymentsRemainderOfFiscalYear" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="PostemploymentBenefitPaymentsYearFive" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PostemploymentBenefitPaymentsYearFive" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="PostemploymentBenefitPaymentsYearFour" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PostemploymentBenefitPaymentsYearFour" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="PostEmploymentBenefitPaymentsFiveFiscalYearsThereafter" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PostEmploymentBenefitPaymentsFiveFiscalYearsThereafter" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="PostEmploymentBenefitPaymentsNextTwelveMonths" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PostEmploymentBenefitPaymentsNextTwelveMonths" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="PostEmploymentBenefitPaymentsYearTwo" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PostEmploymentBenefitPaymentsYearTwo" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="IntercompanyLoan" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_IntercompanyLoan" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="TaxAssessmentAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_TaxAssessmentAxis" substitutionGroup="xbrldt:dimensionItem" />
<element name="TaxAssessmentDomain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_TaxAssessmentDomain" substitutionGroup="xbrli:item" />
<element name="ChinaAndHongKongMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_ChinaAndHongKongMember" substitutionGroup="xbrli:item" />
<element name="AsiaPacificOtherThanKoreaMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_AsiaPacificOtherThanKoreaMember" substitutionGroup="xbrli:item" />
<element name="TopCustomerTwoMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_TopCustomerTwoMember" substitutionGroup="xbrli:item" />
<element name="TopTenCustomersMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_TopTenCustomersMember" substitutionGroup="xbrli:item" />
<element name="TopCustomerOneMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_TopCustomerOneMember" substitutionGroup="xbrli:item" />
<element name="PowerSolutionsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_PowerSolutionsMember" substitutionGroup="xbrli:item" />
<element name="DisplaySolutionsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_DisplaySolutionsMember" substitutionGroup="xbrli:item" />
<element name="OtherCountriesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_OtherCountriesMember" substitutionGroup="xbrli:item" />
<element name="OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationsAndTax" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationsAndTax" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="AggregatePurchasePriceOfShares" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_AggregatePurchasePriceOfShares" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="AcceleratedStockRepurchaseProgramMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_AcceleratedStockRepurchaseProgramMember" substitutionGroup="xbrli:item" />
<element name="ReclassifiedAsATreasuryStockFromAdditionalPaidInCapitalMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_ReclassifiedAsATreasuryStockFromAdditionalPaidInCapitalMember" substitutionGroup="xbrli:item" />
<element name="SeriesA1Member" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_SeriesA1Member" substitutionGroup="xbrli:item" />
<element name="RedemptionOfRightsPerRight" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_RedemptionOfRightsPerRight" substitutionGroup="xbrli:item" />
<element name="PercentageOfAssetsOrEarningPowerOfTheCompany" type="dtr-types:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_PercentageOfAssetsOrEarningPowerOfTheCompany" substitutionGroup="xbrli:item" />
<element name="AcquiringPersonMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_AcquiringPersonMember" substitutionGroup="xbrli:item" />
<element name="PassiveInstitutionalInvestorMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_PassiveInstitutionalInvestorMember" substitutionGroup="xbrli:item" />
<element name="EmployeeAndNonEmployeeStockOptionMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_EmployeeAndNonEmployeeStockOptionMember" substitutionGroup="xbrli:item" />
<element name="MergerTerminationFee" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="mx_MergerTerminationFee" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="DeferredMergerTerminationFeeAsOtherReceivable" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_DeferredMergerTerminationFeeAsOtherReceivable" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="ProceedFromMergerTermination" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="mx_ProceedFromMergerTermination" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="SecuresDeferredMergerTerminationFee" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_SecuresDeferredMergerTerminationFee" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="OtherReceivableMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_OtherReceivableMember" substitutionGroup="xbrli:item" />
<element name="TerminationAgreementOutstandingAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_TerminationAgreementOutstandingAmount" substitutionGroup="xbrli:item" xbrli:balance="debit" />
<element name="DeferredMergerTerminationFee" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_DeferredMergerTerminationFee" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="ReceiptOfTerminationAgreementAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="mx_ReceiptOfTerminationAgreementAmount" substitutionGroup="xbrli:item" xbrli:balance="credit" />
<element name="ExpectedDateOfPaymentOfTheRemainingAmount" type="xbrli:dateItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="mx_ExpectedDateOfPaymentOfTheRemainingAmount" substitutionGroup="xbrli:item" />
<element name="AgreementAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_AgreementAxis" substitutionGroup="xbrldt:dimensionItem" />
<element name="AgreementDomain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_AgreementDomain" substitutionGroup="xbrli:item" />
<element name="TerminationAgreementMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="mx_TerminationAgreementMember" substitutionGroup="xbrli:item" />
</schema>
