MagnaChip Semiconductor Corporation Stock News

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE:MX) (“Magnachip” or the “Company”) today announced that after a thorough review its Board of Directors unanimously approved a plan to shut down the Company's Display business by the end of the second quarter of 2025. The Company had previously announced its intention to explore all strategic options for the Display b...

Magnachip Semiconductor Corporation (NYSE:MX ) Q4 2024 - Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Steven Pelayo - Head IR YJ Kim - CEO Shinyoung Park - CFO Conference Call Participants Suji Desilva - ROTH Capital Nicholas Doyle - Needham Martin Yang – Oppenheimer & Co. Operator Good day, and thank you for standing by. Welcome to the Magnachip Semiconductor Corpora...

SEOUL, South Korea--(BUSINESS WIRE)--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 op...

SEOUL, South Korea--(BUSINESS WIRE)--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 Prod...

SEOUL, South Korea--(BUSINESS WIRE)--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. The newly introduced Gen6 IGBTs, incorporating polyimide insulation layers, demonstrate outstanding performance by passing high-voltage, hig...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced a significant expansion of its product lineup with the launch of 25 new 6th-generation (Gen6) SJ MOSFETs (Super Junction Metal-Oxide-Semiconductor Field-Effect Transistors). The switching speeds of the newly developed Gen6 SJ MOSFETs have been improved by approximately 23%, r...

SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the 37th Annual ROTH Conference at The Laguna Cliffs Marriott in Dana Point on Monday, March 17th, and Tuesday, March 18th. Mr. YJ Kim, Magnachip's Chief Executive Officer, and Ms. Shinyoung Park, Magnachip's Chief Financial Officer, will be available f...

SEOUL, South Korea--(BUSINESS WIRE)--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, Marc...