MAGNACHIP SEMICONDUCTOR overview

Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the fourth quarter and full-year 2024. YJ Kim, Magnachip’s CEO, said, “Our Q4 revenue of $63 million was up 24% year-over-year, and gross profit margin of 25.2% was up 2.5 percentage points as compared to a year ago. For the year, Standard Products business revenue increased 13% year-over-year, in line with our guidance for double-digit growth that we provided at the...

Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced that after a thorough review, its Board of Directors and management team have made the decision to become a pure-play Power company to drive revenue growth, improve profitability, and maximize shareholder value. As a result, the Company is exploring all strategic options for its Display business, which will be classified as discontinued operations when the Company reports Q1 results in May. The...

Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced a significant expansion of its product lineup with the launch of 25 new 6 th -generation (Gen6) SJ MOSFETs (Super Junction Metal-Oxide-Semiconductor Field-Effect Transistors). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312234768/en/ Magnachip Introduces 25 New Gen6 SJ MOSFETS to Expand Power Product Lineup for AI, Industrial Applications...

Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced the launch of two new 6th-generation (Gen6) 650V Insulated Gate Bipolar Transistors (IGBTs), specifically designed for solar inverters. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312985229/en/ Magnachip Launches Two New Gen6 650V IGBTs to Expand Its Solar Energy Power Product Lineup (Photo: Business Wire) The newly introduced Gen6 IGBTs,...

Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management’s participation in the 37 th Annual ROTH Conference at The Laguna Cliffs Marriott in Dana Point on Monday, March 17 th , and Tuesday, March 18 th . Mr. YJ Kim, Magnachip's Chief Executive Officer, and Ms. Shinyoung Park, Magnachip’s Chief Financial Officer, will be available for one-on-one meetings with institutional investors during the conference. For more information about the conference or to request...

Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the fourth quarter ended December 31, 2024, on Wednesday, March 12, 2025, before the market opens. Conference Call The Company will host a conference call to discuss the financial results at 5:30 a.m. PT / 8:30 a.m. ET on Wednesday, March 12, 2025. To join the conference call, all participants must use the following link to complete the online registration process in...

Magnachip to Announce Fourth Quarter 2023 Financial Results on February 28, 2024 PR Newswire SEOUL, South Korea, Feb. 7, 2024 SEOUL, South Korea , Feb. 7, 2024 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the fourth quarter ended December 31 , 2023, on Wednesday, February 28, 2024 , after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss...

Magnachip to Participate in the 26th Annual Needham Growth Conference PR Newswire SEOUL, South Korea, Jan. 3, 2024 SEOUL, South Korea , Jan. 3, 2024 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the 26th Annual Needham Growth Conference at the Lotte New York Palace Hotel in New York City on Wednesday, January 17 th , and Thursday, January 18 th . Mr. YJ Kim, Magnachip's Chief Executive Officer, and Ms. Shinyoung Park ,...