Magnachip Semiconductor Corp (N:MX)

Apr 15, 2024 04:05 pm ET
Magnachip to Announce First Quarter 2024 Financial Results on May 2, 2024
Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2024, on Thursday, May 2, 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 its financial results.
Mar 04, 2024 04:05 pm ET
Magnachip to Participate in the 36th Annual ROTH Conference
Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management’s participation in the 36th Annual ROTH Conference at The Ritz Carlton, Laguna Niguel in Dana Point on Monday, March 18th, and Tuesday, March 19th.
Feb 28, 2024 04:05 pm ET
Magnachip Reports Results for Fourth Quarter and Full-Year 2023
Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the fourth quarter and full-year 2023.
Feb 07, 2024 03:05 pm ET
Magnachip to Announce Fourth Quarter 2023 Financial Results on February 28, 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 its financial results.
Jan 03, 2024 03:05 pm ET
Magnachip to Participate in the 26th Annual Needham Growth Conference
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 17th, and Thursday, January 18th.
Dec 18, 2023 05:55 am ET
Magnachip Commences Full-Scale Mass Production of New 30V MXT LV MOSFET for Electric Power Steering Systems
Developed with highly rugged trench MOSFET technology, the new 30V MXT LV MOSFET ensures a stable power supply for electric power steeringSEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has begun full-scale mass production of its new 30V MXT LV Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs)* used in Electronic Control Units (ECUs) of Electric Power Steering (EPS) systems. This MOSFET product is being used by a global automaker.
Nov 13, 2023 03:05 pm ET
Magnachip to Participate in UBS Global Technology Conference
SEOUL, South Korea, Nov. 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the UBS Global Technology Conference at The Phoenician Hotel in Scottsdale, AZ on Monday, November 27th, and Tuesday, November 28th.
Nov 02, 2023 04:05 pm ET
Magnachip Reports Results for Third Quarter 2023
Revenue of $61.2 million was in-line with guidance.Gross profit margin of 23.6% increased 140 basis points from Q2, mainly driven by higher fab utilization.GAAP diluted loss per share was $0.13. Non-GAAP diluted loss per share was $0.04.Completed $5.4 million of stock buybacks during Q3.Ended Q3 with a solid balance sheet with $166.6 million cash and no debt.The internal separation of our Display and Power businesses is expected to be completed and be effective on January 1st, 2024.SEOUL, South Korea, Nov. 2, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or
Oct 31, 2023 06:55 am ET
Magnachip Commences Mass Production of Two New 650V SJ MOSFETs with a Slim Form Factor
-    The company expands its slim form factor product portfolio by introducing two 650V SJ MOSFETs packaged in a PDFN88
Oct 30, 2023 06:55 am ET
Magnachip Introduces 6th-Generation 600V SJ MOSFET Developed with Cutting-Edge Microfabrication Technology
The new 600V SJ MOSFET achieves a low RDS(on) of 175mΩ and effectively meets the technical requirements of servers and OLED TVs SEOUL, South Korea, Oct. 30, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company released its 6th-generation 600V Super Junction Metal Oxide Semiconductor Field Effect Transistor (SJ MOSFET) enhanced with microfabrication technology.
Oct 20, 2023 04:05 pm ET
Magnachip to Announce Third Quarter 2023 Financial Results on November 2
SEOUL, South Korea, Oct. 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the third quarter ended September 30, 2023, on Thursday, November 2, 2023, 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 its financial results.
Oct 10, 2023 06:55 am ET
Magnachip Unveils New 8th-Generation 150V MXT MV MOSFETs
The company expands its 8th-generation MXT MV MOSFET product portfolio with the addition of newly packaged 150V MXT MV MOSFETs in D2PAK-7L and PDFN56SEOUL, South Korea, Oct. 10, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today the launch of two new 150V *MXT MV Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs), using its 8th-generation trench MOSFET technology.
Sep 11, 2023 06:55 am ET
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
Jul 19, 2023 04:05 pm ET
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. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results.
Jul 17, 2023 06:55 am ET
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. The Board has accepted his resignation, which was effective as of July 14, 2023.
Jul 10, 2023 06:55 am ET
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 further expand Magnachip's seventh-generation MXT LV MOSFET line-up for battery protection circuits of mobile devices.
Jun 20, 2023 04:05 pm ET
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. Regis Hotel, San Francisco, California.
Jun 12, 2023 06:55 am ET
Magnachip Starts Mass Production of 40V MXT MOSFET for Automotive Energy Recovery Systems
– The 40V MXT MOSFET with RDS(on) as low as 1.4mΩ enables effective kinetic energy recovery in cars
May 30, 2023 06:55 am ET
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 committee.
May 03, 2023 04:05 pm ET
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.Gross profit margin was 21.2%, at the low end of our guidance range. The sequential decrease was primarily due to lower utilization rate of our internal fabrication facility in response to the industry-wide slowdown and higher fab costs.GAAP diluted loss per share was $0.49.Non-GAAP diluted loss per share was $0.24.SEOU
May 02, 2023 04:05 pm ET
Magnachip Debuts New Family of 600V SJ MOSFET Products Featuring Fast Recovery Body Diodes
Magnachip introduces new 600V SJ MOSFET with RDS(on)* as low as 44mΩ for EV chargers and serversSEOUL, South Korea, May 2, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has released a new family of 600V Super Junction Metal Oxide Semiconductor Field Effect Transistors (SJ MOSFETs) consisting of nine distinct products featuring proprietary design technology.
May 01, 2023 06:55 am ET
Magnachip Announces CFO Maternity Leave
SEOUL, South Korea, May 1, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) announced today that Shin Young Park, the Company's Chief Financial Officer and the principal financial and accounting officer, went on maternity leave. In Ms. Park's absence, the Board of Directors of the Company appointed Mr. Young-Joon Kim, the Company's Chief Executive Officer, to serve as Interim Chief Financial Officer and to assume the duties of principal financial and accounting officer of the Company on a temporary basis, with such appointment effective as of
Apr 17, 2023 04:05 pm ET
Magnachip to Announce First Quarter 2023 Financial Results on May 3
SEOUL, South Korea, April 17, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2023, on Wednesday, May 3, 2023, after the market close. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results.
Apr 13, 2023 04:05 pm ET
Magnachip to Appoint Shareholder Gilbert Nathan to the Board of Directors
SEOUL, South Korea, April 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) announced today that shareholder Gilbert Nathan will join its Board of Directors pursuant to the terms of an agreement (the "Agreement") entered into with Mr. Nathan and two of his affiliated entities. Under the terms of the Agreement, Mr. Nathan will immediately join the Company as an observer of the Company's Board of Directors (the "Board") and any ad hoc Strategic Review Committee of the Board (the "Strategic Review Committee"). In addition, reasonably promptly
Mar 21, 2023 06:55 am ET
Magnachip Enters Full-Scale Mass Production of PDFN56 Dual Packaging 40V MXT MOSFET for Electric Vehicles
– The PDFN56 dual package enables small footprint and low conduction losses
Feb 16, 2023 03:05 pm ET
Magnachip Reports Results for Fourth Quarter and Full-Year 2022
Fourth quarter revenue of $61.0 million was near the high-end of our guidance range. YoY, our revenue decreased 44.7% primarily due to severe 28nm wafer shortages required for our Display business. Full-year revenue of $337.7 million decreased 28.8% YoY due to significantly lower Display revenue as a result of severe 28nm 12-inch OLED wafer shortages that impacted 2nd half design-in projects from our large panel customers in Korea and weak demand for Android smartphones that led to an inventory correction by smartphone OEMs.Gross profit margin for the fourth quarter was 26.4%, within our gui
Feb 01, 2023 03:05 pm ET
Magnachip to Announce Fourth Quarter and Year 2022 Financial Results on February 16
SEOUL, South Korea, Feb. 1, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the fourth quarter and year ended December 31, 2022, on Thursday, February 16, 2023, 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 its financial results.
Jan 03, 2023 03:05 pm ET
Magnachip to Participate in 25th Annual Needham Growth Conference
SEOUL, South Korea, Jan. 3, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that its management will participate virtually in the 25th Annual Needham Growth Conference on January 12, 2023.
Dec 29, 2022 05:55 am ET
Magnachip Introduces 8th-Gen 150V MXT MOSFET for Light Electric Vehicles
– Magnachip's eighth-generation 150V MXT MOSFET features lower RDS(on) and a TOLL package to enable motor controllers and battery management systems to be managed efficiently
Nov 15, 2022 05:55 am ET
Magnachip Unveils its First Power Management IC Optimized for OLED IT Devices
SEOUL, South Korea, Nov. 15, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has launched its first Power Management Integrated Circuit (PMIC) for IT devices equipped with OLED screens.
Nov 04, 2022 04:05 pm ET
/C O R R E C T I O N -- Magnachip Semiconductor Corporation/
Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today is correcting an error to its press release issued on November 2, 2022 announcing the Company's financial results for the third quarter of 2022. Subsequent to the furnishing of the press release, the Company identified a scrivener's error in the Non-GAAP reconciliation table attached to the press release for Adjusted Net Income per common share (basic and diluted) for the nine month period ended September 30, 2021, which should have been $0.82 and $0.78 per share, respectively, consistent with the Company's p
Nov 02, 2022 04:05 pm ET
Magnachip Reports Results for Third Quarter 2022
Revenue of $71.2 million was within our guidance range. The year-over-year and sequential decline were primarily driven by the supply shortages of OLED wafers in the 2nd half of this year that impacted design-in projects from our large panel customer in Korea. Gross profit margin was 24.2%, below the low end of our guidance range as we recorded a $3.3 million charge to scrap 12-inch wafers as a result of slowing demand caused by elevated smartphone inventories in China.GAAP diluted loss per share was $0.38.Non-GAAP diluted earnings per share was $0.02.SEOUL, South Korea, Nov. 2, 2022 /PRNews
Oct 19, 2022 04:05 pm ET
Magnachip to Announce Third Quarter 2022 Financial Results on November 2
SEOUL, South Korea, Oct. 19, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the third quarter ended September 30, 2022, on Wednesday, November 2, 2022, 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 its financial results.
Sep 12, 2022 09:08 am ET
Magnachip Announces Expanded Stock Repurchase Program
SEOUL, South Korea, Sept. 12, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that the Board of Directors has authorized an expansion of the Company's previously announced stock repurchase program from $75 million to $87.5 million of the Company's common stock. The Company has already repurchased shares worth $37.5 million under the program.
Sep 06, 2022 06:55 am ET
Magnachip Unveils Third-Generation 200V MV MOSFETs
-  3 new 200V MV MOSFETs will help the company grow its global market share in the LEV motor controller and industrial power supply sectors
Aug 08, 2022 04:05 pm ET
Magnachip Reports Results for Second Quarter 2022 and Reaffirms Previously-Announced Stock Buyback Program
Revenue of $101.4 million was down 2.6% sequentially and down 11.0% year-over-year (YoY). The YoY decrease was mainly due to severe supply shortages for 28nm 12" OLED wafers, partially offset by an 11.1% YoY increase in Power solutions business revenue. Gross profit margin was 28.6%, down 890 basis points from Q1 and down 120 basis points from Q2 a year ago. The sequential decrease was primarily the result of: 1) the prior quarter benefiting 200 basis points from a one-time timing mismatch of lower cost 12" wafers, 2) lower demand for China smartphones resulting in an inventory reserve of ap
Jul 27, 2022 04:05 pm ET
Magnachip to Participate in Oppenheimer 25th Annual Technology, Internet & Communications Conference
SEOUL, South Korea, July 27, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that its management will participate at the Oppenheimer 25th Annual Technology, Internet & Communications Conference virtually between August 9 and August 10, 2022.
Jul 25, 2022 04:05 pm ET
Magnachip to Announce Second Quarter 2022 Financial Results on August 8
SEOUL, South Korea, July 25, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended June 30, 2022, on Monday, August 8, 2022, 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 its financial results.
Jul 18, 2022 06:55 am ET
Magnachip Introduces a New 24V MOSFET for Wireless Earphone Batteries
-  New product features strong protection for battery circuits and will help the company grow its global market share of products for battery-powered electronic devices
Jul 11, 2022 09:31 am ET
Thinking about buying stock in La Jolla Pharmaceutical, Toughbuilt Industries, Waitr Holdings, Sutro Biopharma, or Magnachip Semiconductor?
NEW YORK, July 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LJPC, TBLT, WTRH, STRO, and MX.
Jun 17, 2022 06:55 am ET
Magnachip Unveils a New 650V IGBT for Solar Inverters
Company intends to grow its market share in the global solar energy market with the release of this new IGBTSEOUL, South Korea, June 17, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has unveiled a new 650V insulated-gate bipolar transistor (IGBT) for solar inverters.
May 05, 2022 06:55 am ET
Magnachip Surpasses 730 Million Units in Cumulative Shipments of OLED DDICs
SEOUL, South Korea, May 5, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has surpassed 730 million units in cumulative shipments of organic light-emitting diode display driver integrated circuits (OLED DDICs) as of the end of the first quarter 2022.
May 03, 2022 04:05 pm ET
Magnachip Reports Results for First Quarter 2022
Revenue of $104.1 million was down 5.7% sequentially and down 15.4% year-over-year (YoY). The decrease was mainly due to a 29.3% sequential decline in Display solutions revenue as a result of continued severe supply shortage of 28nm 12" OLED wafers, partially offset by record revenue in our Power solutions business, which was up 11.4% sequentially and 20.0% YoY on strong demand in premium products.Gross profit margin was 37.5%, up 250 basis points from Q4 and up over 960 basis points from Q1 a year ago. The YoY increase was primarily attributable to an improved product mix, combined with an
Apr 28, 2022 06:55 am ET
Magnachip Introduces a new 40V MOSFET to Control BLDC Motors for Automotive Applications
-       Low RDS(on) of 40V MOSFET enables efficient control of BLDC motors
Apr 26, 2022 08:31 am ET
Thinking about buying stock in Magnachip Semiconductor, Gamida Cell, GoldMining, Recursion Pharmaceuticals, or Avadel Pharmaceuticals?
NEW YORK, April 26, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MX, GMDA, GLDG, RXRX, and AVDL.
Apr 07, 2022 04:05 pm ET
Magnachip to Announce First Quarter 2022 Financial Results on May 3
SEOUL, South Korea, April 7, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2022, on Tuesday, May 3, 2022, 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 its financial results.
Mar 15, 2022 06:54 am ET
Magnachip Introduces High-performance Synchronous Boost Converter
Synchronous architecture of high-side and low-side switches achieves high efficiency
Mar 14, 2022 06:55 am ET
Magnachip Completes $37.5 Million Accelerated Stock Repurchase
SEOUL, South Korea, March 14, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), announced today that the Company has completed its previously announced repurchase of $37.5 million of its common stock, pursuant to its accelerated stock repurchase agreement (the "ASR Agreement") with JPMorgan Chase Bank, National Association ("JPM"). Magnachip repurchased approximately two million shares at an average price of $18.51.
Mar 03, 2022 03:05 pm ET
Magnachip Semiconductor to Participate at the 34th Annual Roth Conference
SEOUL, South Korea, March 3, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that YJ Kim, Magnachip's chief executive officer will participate at the 34th Annual Roth Conference on March 13-15, 2022, in Dana Point, California.
Feb 17, 2022 05:55 am ET
Magnachip Enters Full-Scale Mass Production of OLED DDIC for OLED TVs
SEOUL, South Korea, Feb. 17, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has commenced full-scale mass production of an organic light-emitting diode display driver integrated circuit (OLED DDIC) for OLED TVs.
Feb 16, 2022 03:05 pm ET
Magnachip Reports Results for Fourth Quarter and Year 2021
SEOUL, South Korea, Feb. 16, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the fourth quarter and full-year 2021.
Jan 31, 2022 03:05 pm ET
Magnachip to Announce Fourth Quarter and Year 2021 Financial Results on February 16
SEOUL, South Korea, Jan. 31, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today it will report its results for the fourth quarter and year ended December 31, 2021 on Wednesday, February 16, 2022 after the close of market. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results.
Jan 13, 2022 03:15 pm ET
Magnachip Launches New Generation of High-Voltage 600V SJ MOSFETs for Wide Range of Consumer Products and Industrial Applications
SEOUL, South Korea, Jan. 13, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has launched 11 new generation high-voltage 600V Super Junction Metal Oxide Semiconductor Field Effect Transistors (SJ MOSFETs). The company has already released product samples and plans to begin mass production of them in March 2022. 
Jan 12, 2022 03:15 pm ET
Magnachip Introduces New Generation Low-Voltage MOSFET for Battery Protection Circuit Modules in Smartphones
SEOUL, South Korea, Jan. 12, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has launched new generation Low-Voltage Metal Oxide Semiconductor Field Effect Transistors (LV MOSFETs) featuring lower Rss(on)* for battery Protection Circuit Modules (PCMs) in smartphones.
Jan 07, 2022 03:05 pm ET
Magnachip Semiconductor to Participate in 24th Annual Needham Virtual Growth Conference
SEOUL, South Korea, Jan. 7, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that YJ Kim, Magnachip's chief executive officer, and Shinyoung Park, chief financial officer, will host one-on-one meetings at the 24th Annual Needham Virtual Growth Conference on Thursday, January 13 and Friday, January 14, 2022.  Management is also scheduled to participate in a fireside chat on Friday, January 14 at 4:15 pm ET in Track 3.
Jan 06, 2022 03:15 pm ET
Magnachip Develops Next-Generation OLED DDIC for Automotive Displays
SEOUL, South Korea, Jan. 6, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company is expanding its organic light-emitting diode display driver integrated circuit (OLED DDIC) product lineup by developing a next-generation OLED DDIC for automotive displays.
Jan 03, 2022 03:05 pm ET
Magnachip Semiconductor Names Ms. Shinyoung Park as Chief Financial Officer
SEOUL, South Korea, Jan. 3, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) announced today that Ms. Shinyoung Park has been promoted to Chief Financial Officer, effective as of January 1, 2022.  Ms. Park succeeds Dr. Young Soo Woo, who stepped down from the position effective as of the end of December 31, 2021.
Dec 21, 2021 05:54 pm ET
/C O R R E C T I O N -- Magnachip Semiconductor Corporation/
In the news release, Magnachip Announces New $75 Million Stock Repurchase Program, issued 21-Dec-2021 by Magnachip Semiconductor Corporation over PR Newswire, we are advised by the company that the second paragraph, last sentence, should read "March 31, 2022" rather than "March 31, 2021" as originally issued inadvertently. The complete, corrected release follows:
Dec 21, 2021 04:19 pm ET
Magnachip Announces New $75 Million Stock Repurchase Program
SEOUL, South Korea, Dec. 21, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), announced today that the Board of Directors has authorized the Company to repurchase up to $75 million of the Company's common stock.  As an immediate step towards implementing the approved stock repurchase program, the Company has entered into an accelerated stock repurchase agreement (the "ASR Agreement") with JPMorgan Chase Bank, National Association ("JPM") to repurchase an aggregate of $37.5 million of Magnachip's common stock.
Dec 13, 2021 04:24 pm ET
Magnachip and Wise Road Capital Announce Withdrawal of CFIUS Filing and Mutual Termination of Merger Agreement
SEOUL, South Korea, Dec. 13, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), the U.S. (Delaware) parent of Magnachip Semiconductor, Ltd., and South Dearborn Limited, a company incorporated in the Cayman Islands, and Michigan Merger Sub, Inc., a Delaware corporation, which are investment vehicles established by Wise Road Capital LTD and certain of its limited partners ("Wise Road"), today announced that they received permission from the Committee on Foreign Investment in the United States ("CFIUS") to withdraw their joint CFIUS filing
Oct 25, 2021 06:45 am ET
Magnachip Reports Results for Third Quarter 2021
SEOUL, South Korea, Oct. 25, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced its financial results for the third quarter 2021.
Aug 05, 2021 04:05 pm ET
Magnachip Reports Results for Second Quarter 2021
SEOUL, South Korea, Aug. 5, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the second quarter 2021.
Jun 30, 2021 06:05 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates AMRB, MX, CADE, MFNC; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: American River Bankshares (NASDAQ: AMRB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
Jun 29, 2021 05:34 pm ET
MERGER ALERT - HOME, and MX: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies
NEW YORK, NY / ACCESSWIRE / June 29, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:
Jun 24, 2021 02:16 pm ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates ATH, JCS, MX, CADE, KNL; Shareholders are Encouraged to Contact the Firm
NEW YORK, June 24, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Jun 16, 2021 08:28 pm ET
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 Agreement") with South Dearborn Limited, an exempted company incorporated in the Cayman Islands with limited liability ("Parent") formed by an affiliate of Wise Road Capital LTD ("Wise Road"), and Michigan Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), pursuant
Jun 15, 2021 09:30 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates SVBI, DSSI, COHR, PMBC, MX; Shareholders are Encouraged to Contact the Firm
NEW YORK, June 15, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Jun 11, 2021 08:00 am ET
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 group of investors, including financial sponsors led by Mr. Tim Crown, Yango financial holdings, Sino-Rock Investment Management Company Limited and Lombarda China Fund, to acquire all of the outstanding shares of Magnachip common stock, par value $0.01 per share (the "Common Stock"), for $35.00
Jun 02, 2021 10:50 am ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds STAY, MLND, MSGN, and MX Shareholders About Its Ongoing Investigations
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th...
Apr 28, 2021 09:51 am ET
SHAREHOLDER ALERT: Halper Sadeh LLP Continues to Investigate ORBC, KSU, MX, TPCO; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: ORBCOMM Inc. (NASDAQ: ORBC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to...
Apr 26, 2021 09:05 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Merger Investigation
Rigrodsky Law, P.A. announces that it is investigating: General Finance Corporation (NASDAQ GS: GFN) regarding possible breaches of fiduciary duties and other violations of law related to GFN’s agreement to be acquired by United Rentals, Inc....
Apr 25, 2021 03:00 am ET
Lifshitz Law Firm, P.C. Announces Investigation of MX, NCBS, PFBI and SYBT
Magnachip Semiconductor Corporation (NYSE: MX) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the proposed sale of MX to affiliates of Wise Road Capital LTD and certain of its limited...
Apr 12, 2021 10:32 am ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates MX, PFBI, CATM, CUB; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Magnachip Semiconductor Corporation (NYSE: MX) concerning potential violations of the federal securities laws and/or breaches of...
Apr 05, 2021 03:41 pm ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates MX, SVBI, CATM, FFG; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Magnachip Semiconductor Corporation (NYSE: MX) concerning potential violations of the federal securities laws and/or breaches of fiduciary...
Mar 30, 2021 01:37 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Magnachip Semiconductor Corporation Buyout
Rigrodsky Law, P.A. announces that it is investigating Magnachip Semiconductor Corporation (“Magnachip”) (NYSE: MX) regarding possible breaches of fiduciary duties and other violations of law related to Magnachip’s agreement to be acquired by South...
Mar 27, 2021 11:50 pm ET
MAGNACHIP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Magnachip Semiconductor Corporation - MX
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Magnachip Semiconductor Corporation (NYSE: MX) to investment vehicles established by Wise Road Capital LTD and certain of its limited partners. Under the terms of the proposed transaction, shareholders of Magnachip will receive only $29.00 in cash for each share of Magnachip that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Mar 26, 2021 10:43 am ET
Magnachip Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Magnachip Semiconductor Corporation Is Fair to Shareholders; Investors Are Encouraged to Contact the F
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Magnachip Semiconductor Corporation (NYSE: MX) to investment vehicles established by Wise Road Capital LTD and certain of its limited partners (“Wise Road”) is fair to Magnachip shareholders. Under the terms of the merger agreement, Magnachip shareholders will receive $29.00 in cash per share.
Feb 18, 2021 08:00 am ET
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 the successful release and initial production.
Feb 17, 2021 03:01 pm ET
Magnachip Reports Results for Fourth Quarter and Year 2020
SEOUL, South Korea, Feb. 17, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the fourth quarter and full-year 2020.
Jan 20, 2021 03:05 pm ET
MagnaChip to Announce Fourth Quarter and Year 2020 Financial Results on February 17
SEOUL, South Korea, Jan. 20, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will report its results for the fourth quarter and year ended December 31, 2020 on Wednesday, February 17, 2021 after the close of market. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results.
Jan 04, 2021 03:03 pm ET
Magnachip Semiconductor to Participate in 23rd Annual Needham Virtual Growth Conference
SEOUL, South Korea, Jan. 4, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that members of executive management team will host one-on-one meetings at the 23rd Annual Needham Growth Conference on Tuesday, January 12 and Wednesday, January 13, 2021.  Management is also scheduled to participate in a fireside chat on Tuesday, January 12 at 8:30 am ET.
Dec 30, 2020 03:15 pm ET
Magnachip Launches New Brand Identity Underscoring a Fresh Start as a Pure-play Standard Products Company
SEOUL, South Korea, Dec. 30, 2020 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today unveiled its new brand identity, designed to highlight the company's fresh start as a pure-play standard products company participating in the fast-growing, attractive Display and Power markets. Magnachip enters this new chapter of growth with a sharpened focus, renewed energy and clear mission of empowering the makers of tomorrow by accelerating the advancement of technology.
Dec 17, 2020 07:00 am ET
MagnaChip Introduces First Power Management IC for Laptops with UHD Display Panels
SEOUL, South Korea, Dec. 17, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), announced today a new line of power management integrated circuit (PMIC) by introducing its first UHD display panel PMIC for laptops.
Dec 03, 2020 07:00 am ET
MagnaChip Launches New High-Voltage 700V/800V Super Junction MOSFETs
SEOUL, South Korea, Dec. 3, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) today announced eight new 700V and 800V series high-voltage Super Junction Metal Oxide Semiconductor Field Effect Transistors (SJ MOSFETs), featuring high performance and efficiency and optimized for TV, LED lighting and fast charger applications.
Nov 04, 2020 03:02 pm ET
MagnaChip to Attend Upcoming Investor Conferences
SEOUL, South Korea, Nov. 4, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced that members of its executive management will participate at the following virtual investor conferences:
Oct 29, 2020 04:01 pm ET
MagnaChip Reports Results for Third Quarter 2020
SEOUL, South Korea, Oct. 29, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) ("MagnaChip" or the "Company") today announced financial results for the third quarter of 2020.
Jul 30, 2020 04:01 pm ET
MagnaChip Reports Results for Second Quarter 2020
SEOUL, South Korea and SAN JOSE, Calif., July 30, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) ("MagnaChip" or the "Company") today announced financial results for the second quarter of 2020.
Jul 27, 2020 08:00 am ET
MagnaChip Ranked No.1 in the Global OLED Smartphone DDIC Non-Captive Market
SEOUL, South Korea and SAN JOSE, Calif., July 27, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) today announced that it has retained the top position in the global OLED Smartphone DDIC non-captive market in the first quarter of 2020.  According to OMDIA, a global market research firm, MagnaChip recorded a 33.2% market share, which represents the all-time high figure for the company.
Jul 20, 2020 04:03 pm ET
MagnaChip Appoints Ms. Kyo-Hwa (Liz) Chung to its Board of Directors
SEOUL, South Korea and SAN JOSE, Calif., July 20, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced the appointment of Kyo-Hwa (Liz) Chung to its board of directors, effective July 16, 2020.  Ms. Chung currently serves as the Head of Corporate, External and Legal Affairs, for Microsoft Korea, a position she has held since November 2018.  Ms. Chung's appointment fills a vacancy on MagnaChip's Board of Directors ("Board") created as a result of the Board increasing the number of directors on the Board to seven directors from six directors.
Jul 15, 2020 08:30 am ET
MagnaChip Expands High Frame Rate DDIC Product Line for OLED Smartphone Displays
SEOUL, South Korea and SAN JOSE, Calif., July 15, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced an expansion of the company's High Frame Rate (HFR) OLED DDIC product line for smartphones with the introduction of new DDIC products. HFR is a technology that improves the image quality by increasing the number of frames (images) used per second. This is a vital technology for 5G smartphones, as it facilitates a vivid and smooth visual experience for users.
Jul 08, 2020 04:05 pm ET
MagnaChip to Announce Second Quarter 2020 Financial Results on July 30
SEOUL, South Korea and SAN JOSE, Calif., July 8, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will report its results for the second quarter ended June 30, 2020 on Thursday, July 30, 2020 after the close of market. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss the Company's financial results.
Jun 08, 2020 04:05 pm ET
MagnaChip Semiconductor to Participate in Citi's Silicon Valley Virtual Investor Bus Tour on June 12 at 8:00 a.m. PT
SEOUL, South Korea and SAN JOSE, Calif., June 8, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that members of the executive management team will participate in Citi's Silicon Valley Virtual Investor Bus Tour on Friday, June 12. MagnaChip is expected to begin its presentation at 8:00 a.m. (PT).
Jun 04, 2020 04:05 pm ET
Camillo Martino Succeeds Nader Tavakoli as Chairman of the Board of MagnaChip Semiconductor
SEOUL, South Korea, June 4, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or "Company") (NYSE: MX) today announced the appointment of Camillo Martino as its new non‑executive Chairman of the Board of Directors (the "Board"), effective June 11, 2020, immediately following MagnaChip's upcoming Annual Meeting of Stockholders.  Mr. Martino succeeds Nader Tavakoli as the Company's Chairman.  Mr. Tavakoli will remain a director on the Company's Board and continue to serve as a member of the Audit, Compensation and Risk Committees.  Mr. Tavakoli joined MagnaChip's Board in 2
May 21, 2020 04:15 pm ET
MagnaChip Names Young Soo Woo as Chief Financial Officer
SEOUL, South Korea and SAN JOSE, Calif., May 21, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that it has appointed Mr. Young Soo Woo as Chief Financial Officer of the Company, effective as of May 25, 2020. Mr. Woo joins MagnaChip from CoreeGroup, where he was the Chief Executive Officer.
May 06, 2020 04:04 pm ET
MagnaChip Delivers Solid Execution in First Quarter 2020
SEOUL, South Korea and SAN JOSE, Calif., May 6, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) ("MagnaChip" or the "Company") today announced financial results for the first quarter of 2020.
Apr 15, 2020 08:15 am ET
MagnaChip Schedules First Quarter 2020 Earnings Release and Conference Call for May 6
SEOUL, South Korea and SAN JOSE, Calif., April 15, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Wednesday, May 6, 2020 at 5 p.m. ET to discuss the Company's financial results for the first quarter of 2020. Participating in the call will be YJ Kim, MagnaChip's CEO and Shinyoung Park, Chief Accounting Officer. The earnings press release will be issued after the market closes that day. 
Mar 30, 2020 10:00 pm ET
MagnaChip Semiconductor Announces Definitive Agreement To Sell Foundry Business and Fab 4
SEOUL, South Korea, March 30, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that certain of its wholly-owned subsidiaries have entered into a definitive agreement (the "Agreement") to sell the Company's Foundry Services Group and the factory in Cheongju ("Fab 4"), the larger of the Company's two 8" manufacturing facilities (collectively, the "Target Business"), to a special purpose company (the "SPC") in South Korea established by Alchemist Capital Partners Korea Co., Ltd. ("Alchemist") and Credian Partners, Inc. ("Credian"
Nov 04, 2019 07:00 am ET
MagnaChip Semiconductor CEO YJ Kim Awarded Korea's Prestigious Industrial Service Medal
SEOUL, South Korea and SAN JOSE, Calif., Nov. 4, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that CEO YJ Kim was awarded the Industrial Service Medal by the Korean Government in acknowledgement of his efforts to attract investment and encourage job development in Korea. The medal was presented today at the annual 'Foreign Company Day' ceremony hosted by the Korea Ministry of Industry, Trade and Energy, and the Korea Foreign Company Association
Oct 23, 2019 04:05 pm ET
MagnaChip Reports Revenue of $229.7 Million in Third Quarter 2019; OLED, Power Revenue Set Records; Foundry Revenue Hits 5-year High
SEOUL, South Korea and SAN JOSE, Calif., Oct. 23, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the third quarter of 2019.
Oct 11, 2019 08:15 am ET
MagnaChip Schedules Third Quarter 2019 Earnings Release and Conference Call for October 23
SEOUL, South Korea and SAN JOSE, Calif., Oct. 11, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Wednesday, October 23, 2019 at 5 p.m. ET to discuss the Company's financial results for the third quarter of 2019. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.
Sep 24, 2019 08:15 am ET
MagnaChip Targets Fast-Growing e-Bike Market with High-Performance MOSFET
SEOUL, South Korea and SAN JOSE, Calif., Sept. 24, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today the release of a 100V Mid-Voltage MOSFET (Metal Oxide Semiconductor Field-Effect Transistor) with a new thermal package ("M2PAK-7P") designed for the fast-growing e-Bike market.  This MOSFET with M2PAK-7P is suitable to meet the particular requirements of electric bike (e-Bike) systems.
Aug 16, 2019 08:15 am ET
MagnaChip Semiconductor to Present at the 2019 Citi Technology Conference on September 4, 2019 in New York City
SEOUL, South Korea and SAN JOSE, Calif., Aug. 16, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, today announced that members of the executive management team will present to the investment community at the 2019 Citi Global Technology Conference in New York City on Wednesday, September 4 at 10:15 am EDT. The management team, including CEO YJ Kim and CFO Jonathan Kim, also will ho
Aug 05, 2019 08:15 am ET
MagnaChip Offers 0.35 micron 700V Ultra-High Voltage Process Technologies for Various System Requirements
SEOUL, South Korea and SAN JOSE, Calif., Aug. 5, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it now offers 0.35 micron 700V Ultra-High Voltage process technologies (UHV) suitable for different system requirements for AC-DC converter ICs and LED driver ICs.
Jul 31, 2019 08:15 am ET
MagnaChip Surpasses the 500 Million Milestone in Cumulative Shipments of Display Driver ICs for OLED Screens
SEOUL, South Korea and SAN JOSE, Calif., July 31, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products and a leader in OLED display, announced today the Company has surpassed the 500 million milestone in cumulative shipments of OLED DDICs (Display Driver ICs). OLED display drivers are low-power devices that offer excellent screen resolution with deep and bright colors that do not require a backlight and enable full-screen and thinner smartphones.
Jul 30, 2019 04:05 pm ET
MagnaChip Reports Revenue of $205.1 Million in Second Quarter 2019; OLED Display Drivers, Power Standard Products Set Revenue Records
SEOUL, South Korea and SAN JOSE, Calif., July 30, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the second quarter of 2019.
Jul 10, 2019 08:15 am ET
MagnaChip Schedules Second Quarter 2019 Earnings Release and Conference Call for July 30
SEOUL, South Korea and SAN JOSE, Calif., July 10, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Tuesday, July 30, 2019 at 5 p.m. ET to discuss the Company's financial results for the second quarter of 2019. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.  
Apr 30, 2019 04:05 pm ET
MagnaChip Reports First Quarter 2019 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., April 30, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the first quarter of 2019.
Apr 16, 2019 08:00 am ET
MagnaChip Launches 28-Nanometer OLED DDIC for Smartphone Displays
SEOUL, South Korea and SAN JOSE, Calif., April 16, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it has launched the 28-nanometer (nm) OLED (Organic Light Emitting Diodes) DDIC (Display Driver IC) for smartphone displays.
Apr 12, 2019 08:50 am ET
New Research: Key Drivers of Growth for Liberty Global, Cardlytics, Natural Resource Partners LP, MagnaChip Semiconductor, Caledonia Mining, and Gevo — Factors of Influence, Major Initiatives and Sust
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Liberty Global PLC (NASDAQ:LBTYK), Cardlytics, Inc. (NASDAQ:CDLX), Natural...
Apr 11, 2019 08:15 am ET
MagnaChip and Melfas Inc. Announce Partnership to Collaborate on OLED Applications for Automotive and Consumer Markets
SEOUL, South Korea and SAN JOSE, Calif., April 11, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, and Melfas Inc., a leading provider of proven touch controller ICs and touch screen / touch key modules based on capacitive touch sensing technologies, today announced a partnership to develop advanced OLED display capabilities for the automotive and consumer electronics sectors.
Apr 10, 2019 08:15 am ET
MagnaChip and HiDeep Inc. Announce Partnership to Develop Enhanced OLED Display Capabilities for Next-Generation of Mobile and Handheld Consumer Electronics
SEOUL, South Korea and SAN JOSE, Calif., April 10, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, and HiDeep Inc., a leading one stop Human Machine Interface (HMI) solutions provider, which offers HMI sensor hardware, semiconductors, and software including UX and UI capabilities, today announced a partnership to develop advanced OLED display capabilities for manufacturers of smartphones and other handheld consumer electronics.
Apr 10, 2019 08:00 am ET
MagnaChip Schedules First Quarter 2019 Earnings Release and Conference Call for April 30
SEOUL, South Korea and SAN JOSE, Calif., April 10, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Tuesday, April 30, 2019 at 5 p.m. EST to discuss the Company's financial results for the first quarter of 2019. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.  
Apr 09, 2019 08:05 am ET
MagnaChip and ELAN Microelectronics Announce Partnership to Expand OLED Display Capabilities for Next-Generation Applications
SEOUL, South Korea and SAN JOSE, Calif., April 9, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, and ELAN Microelectronics Corp. (TWSE:ELAN), an industry leader in the development of Smart Human Machine Interface (HMI) applications, including capacitive touchscreen controllers, capacitive  trackpads, and fingerprint sensors, today announced a partnership to expand the capabilities of OLED displays for a wide variety of next-generation consumer, communication, co
Apr 09, 2019 08:00 am ET
MagnaChip Announces Initiative to Develop Next-Generation Display Features in Mobile and Handheld Consumer Electronics
SEOUL, South Korea and SAN JOSE, Calif., April 9, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today a new initiative to partner with companies in the development of next-generation display features of smartphones and other mobile or handheld consumer electronics devices.  MagnaChip intends to develop individual strategic partnerships with leading manufacturers of touch, stylus, fingerprint technologies, and associated OLED display technologies.
Feb 18, 2019 07:00 am ET
MagnaChip Offers 0.13 micron 18V High Voltage GEN2 Technology for OLED Source Driver IC
SEOUL, South Korea and SAN JOSE, Calif., Feb. 18, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it now offers foundry customers its second generation 0.13 micron 18V high voltage process technology. The technology, which is dedicated for designing source drivers for LCD and OLED televisions, offers fewer steps, allows suitable high voltage device design rules to shrink chip size and adds a new device for DAC block design compared to the first ge
Feb 14, 2019 03:03 pm ET
MagnaChip Reports Fourth Quarter and Full Year 2018 Financial Results And Announces Strategic Review Process of its Foundry Operations
SEOUL, South Korea and SAN JOSE, Calif., Feb. 14, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the fourth quarter and full year 2018. Revenue in the fourth quarter was $179.4 million and gross profit margin was 24.5%. For the year 2018, revenue was $750.9 million and gross margin was 26.4%.
Jan 09, 2019 07:00 am ET
MagnaChip Schedules Fourth Quarter 2018 Earnings Release and Conference Call for February 14
SEOUL, South Korea and SAN JOSE, Calif., Jan. 9, 2019 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) announced today it will host a conference call on Thursday, February 14, 2019 at 5 p.m. EST to discuss the Company's financial results for the fourth quarter of 2018. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.  
Dec 31, 2018 07:25 am ET
New Research: Key Drivers of Growth for Trimble, Maxar Technologies, MagnaChip Semiconductor, Palo Alto Networks, AAR, and Axsome Therapeutics — Factors of Influence, Major Initiatives and Sustained P
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Trimble Inc. (NASDAQ:TRMB), Maxar Technologies Ltd. (NYSE:MAXR), MagnaChip...
Dec 20, 2018 07:00 am ET
MagnaChip Offers Third Generation 0.18 Micron Bipolar-CMOS-DMOS Process Technology
SEOUL, South Korea and SAN JOSE, Calif., Dec. 20, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it now offers foundry customers its third generation 0.18 micron Bipolar-CMOS-DMOS (BCD) process technology. The technology is highly suitable for PMIC, DC-DC converters, battery charger ICs, protection ICs, motor driver ICs, LED driver ICs and audio amplifiers. The third generation 0.18 micron BCD process technology offers improved specific on-resist
Dec 17, 2018 07:00 am ET
MagnaChip Launches Low Noise, Low Power Consumption, Fast Transient LDO Regulator for BGA SSD Used in Mobile Devices
SEOUL, South Korea and SAN JOSE, Calif., Dec. 17, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, today announced that it has released a low noise, low power consumption, fast transient LDO (Low Dropout) regulator that also can be designed into BGA (Ball Grid Array) SSD (Solid State Drive) components commonly used in mobile devices. An LDO regulator is a power standard product whose function can be designed into various components.
Nov 29, 2018 03:05 pm ET
Nader Tavakoli Appointed as Chairman of the Board of MagnaChip Semiconductor
SEOUL, South Korea and SAN JOSE, Calif., Nov. 29, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or "Company") (NYSE: MX) today announced the appointment of Nader Tavakoli as its new non-executive Chairman of the Board of Directors, effective November 26, 2018.  Mr. Tavakoli replaces Gary Tanner as the Company's Chairman.  Mr. Tanner will remain a Director on the Board and will continue to serve as a member of the Audit, Compensation and Risk Committees of the Board.  Mr. Tanner joined MagnaChip's Board in August 2015, and has served as its non-executive Chairman since
Nov 26, 2018 07:00 am ET
MagnaChip To Commence Volume Production of High-Voltage IGBT Products for Power Module Targeted to Industrial Applications
SEOUL, South Korea and SAN JOSE, Calif., Nov. 26, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, today announced that volume production has commenced for an IGBT product for power module targeted to high-voltage industrial applications. IGBT is one of a MagnaChip family of Power standard products called Insulated Gate Bipolar Transistors.
Nov 12, 2018 07:00 am ET
MagnaChip Offers Automotive-Grade 0.18 micron BCD Process Technology with up to 200V Operation Voltage
SEOUL, South Korea and SAN JOSE, Calif., Nov. 12, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip Semiconductor") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers Foundry customers a 0.18 micron BCD (Bipolar-CMOS-DMOS) 200V high-voltage process. This new BCD process uses SOI (Silicon On Insulator) substrates with solid high-voltage isolation and extends MagnaChip's existing BCD processes from 100V to 200V. Having 200V devices in a BCD process is valuable because it enables a Power IC to be desig
Nov 08, 2018 07:35 am ET
New Research Coverage Highlights Globant S.A, Telephone and Data, Tanger Factory Outlet Centers, Colfax, MagnaChip Semiconductor, and IDACORP — Consolidated Revenues, Company Growth, and Expectations
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Globant S.A. (NYSE:GLOB), Telephone and Data Systems, Inc. (NYSE:TDS),...
Nov 01, 2018 08:00 am ET
MagnaChip Semiconductor Appoints Semiconductor Veteran Jeong Ki Min as Chief of Strategic Planning
SEOUL, South Korea and SAN JOSE, Calif., Nov. 1, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, today announced the appointment of Jeong Ki Min to the newly created position of Chief of Strategic Planning. Mr. Min, a seasoned semiconductor executive with 33 years of global business experience, previously held senior positions at Samsung Semiconductor, Samsung Electronics, Samsung Display, and SK Telecom. He reports directly to YJ Kim, MagnaChip's Chief Executive Office
Oct 30, 2018 04:05 pm ET
MagnaChip Reports Third Quarter 2018 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Oct. 30, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the third quarter of 2018 ended September 30.  
Oct 22, 2018 08:00 am ET
MagnaChip to Begin Volume Production of New Automotive Display Driver IC
SEOUL, South Korea and SAN JOSE, Calif., Oct. 22, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, today announced that volume production of a new Display Driver IC (DDIC) for automotive panel displays has begun.
Oct 16, 2018 08:55 am ET
New Research: Key Drivers of Growth for Haverty Furniture Companies, BLACKLINE INC, MagnaChip Semiconductor, Kinross Gold, Aurinia Pharmaceuticals, and NEXEO SOLUTIONS — Factors of Influence, Major In
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Haverty Furniture Companies, Inc. (NYSE:HVT), BLACKLINE INC...
Oct 15, 2018 08:00 am ET
MagnaChip Introduces High-Voltage Super Junction MOSFET
SEOUL, South Korea and SAN JOSE, Calif., Oct. 15, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, today announced the introduction of a new High-Voltage Super Junction MOSFET with a 900V breakdown voltage and low total gate charge (Qg) (""90R1K4P"). The device with two package types, I-PAK and D-PAK, will sample to customers in November 2018 and will be manufactured in high volume in early first quarter of next year.
Oct 04, 2018 08:00 am ET
MagnaChip Schedules Third Quarter 2018 Earnings Release and Conference Call on October 30, 2018
SEOUL, South Korea and SAN JOSE, Calif., Oct. 4, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will conduct a conference call on Tuesday, October 30, 2018 at 5 p.m. ET to discuss the Company's third quarter 2018 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued promptly after the market closes that day.
Sep 24, 2018 08:00 am ET
MagnaChip to Host Foundry Technology Symposium in Shenzhen, China in November 2018
SEOUL, South Korea, SAN JOSE, Calif. and SHENZHEN, China, Sept. 24, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it will hold a Foundry Technology Symposium at the Shangri-La Shenzhen, China, on November 27, 2018. After holding a successful Foundry Technology symposium in Shenzhen, China, in 2015, this second technology symposium in Shenzhen is part of MagnaChip's global foundry targeted geographic strategy to increase MagnaChip's brand awareness in China.
Sep 19, 2018 08:00 am ET
MagnaChip to offer a Multi-Channel Mini LED Driver for Digital Signage
SEOUL, South Korea and SAN JOSE, Calif., Sept. 19, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip Semiconductor") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, announced today it now offers a multi-channel Mini LED Driver for the rapidly growing digital signage market, leveraging the company's more than 10 years of experience with BLU LED drivers in the television set market.
Sep 05, 2018 08:00 am ET
MagnaChip to Begin Volume Production of ABOV Semiconductor MCU Applications Using 0.13 micron eFlash Ultra-Low Leakage Process
SEOUL, South Korea and SAN JOSE, Calif., Sept. 5, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it has begun the mass production of foundry products for ABOV Semiconductor ("ABOV") using MagnaChip's 0.13 micron eFlash process. ABOV has previously used MagnaChip's 0.18 micron eFlash process for volume production of various MCU (Microcontroller Units) products, and has begun migration to 0.13 micron eFlash process for its major products.
Aug 17, 2018 07:35 am ET
Investor Expectations to Drive Momentum within Natural Resource Partners LP, Insmed, MagnaChip Semiconductor, Changyou, Pain Therapeutics, and Aurinia Pharmaceuticals — Discovering Underlying Factors
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Natural Resource Partners LP (NYSE:NRP), Insmed, Inc. (NASDAQ:INSM),...
Aug 06, 2018 08:00 am ET
MagnaChip to Host Annual Foundry Technology Symposium in Hsinchu, Taiwan on September 18, 2018
SEOUL, South Korea and SAN JOSE, Calif., Aug. 6, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it will host its annual Foundry Technology Symposium at Ambassador Hotel Hsinchu, Taiwan, on September 18th, 2018.
Jul 30, 2018 04:05 pm ET
MagnaChip Reports Second Quarter 2018 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., July 30, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the second quarter of 2018 ended June 30.  
Jul 16, 2018 08:00 am ET
MagnaChip to Offer Planar-Type Hall-effect Sensors Suitable for Mobile, IoT and Automotive Applications
SEOUL, South Korea and SAN JOSE, Calif., July 16, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers planar-type Hall-effect sensors for foundry customers.
Jun 25, 2018 08:00 am ET
MagnaChip Schedules Second Quarter 2018 Earnings Release and Conference Call on July 30, 2018
SEOUL, South Korea and SAN JOSE, Calif., June 25, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will conduct a conference call on Monday, July 30, 2018 at 5 p.m. EST to discuss the Company's second quarter 2018 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued promptly after the market closes that day.
May 14, 2018 08:00 am ET
MagnaChip and YMC to Offer Cost Effective 0.13 micron Multiple-Time Programmable (MTP) IP Solutions
SEOUL, South Korea and SAN JOSE, Calif., May 14, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation (MagnaChip Semiconductor) (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today the availability of 0.13 micron Multiple-Time Programmable Intellectual Property (MTP-IP) memory cores targeted for mobile and industrial applications.
May 01, 2018 08:00 am ET
MagnaChip Introduces Third-Generation 40-Nanometer Mobile OLED DDIC for Smartphone Displays Without Bezels
SEOUL, South Korea and SAN JOSE, Calif., May 1, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip Semiconductor") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, announced today it has launched a new third-generation 40-nanometer (nm) OLED display driver integrated circuit (DDIC) for the next wave of OLED smartphone displays. The new rigid OLED DDIC supports various configurations such as FHD to FHD++, a wide aspect ratio up to 21:9 and bezel-less, edge type, and notch-type OLED displays. The 40nm mobile OLED DDIC alread
Apr 30, 2018 04:05 pm ET
MagnaChip Reports First Quarter 2018 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., April 30, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) today announced financial results for the first quarter of 2018.
Apr 16, 2018 09:00 am ET
MagnaChip to Host Annual Foundry Technology Symposium in Santa Clara, California on May 23, 2018
SEOUL, South Korea and SAN JOSE, Calif., April 16, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it will host its Annual U.S. Foundry Technology Symposium at Hilton Santa Clara, California, on May 23rd, 2018.
Apr 12, 2018 07:40 am ET
Report: Developing Opportunities within Delek Logistics Partners, LendingTree, KB Financial Group, MagnaChip Semiconductor, Lamar Advertising, and IHS Markit — Future Expectations, Projections Moving
NEW YORK, April 12, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Delek Logistics Partners, L.P. (NYSE:DKL), LendingTree,...
Apr 11, 2018 06:00 am ET
MagnaChip Schedules First Quarter 2018 Earnings Release and Conference Call on April 30, 2018
SEOUL, South Korea and SAN JOSE, Calif., April 11, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will conduct a conference call on Monday, April 30, 2018 at 5 p.m. EST to discuss the Company's first quarter 2018 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued promptly after the market closes that day.
Mar 19, 2018 09:00 am ET
MagnaChip Offers Automotive-Grade 0.18 micron BCD Process Technology with up to 100V Operation Voltage
SEOUL, South Korea and SAN JOSE, Calif., March 19, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip Semiconductor") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers a 0.18 micron BCD (Bipolar-CMOS-DMOS) 100V high voltage process. The features of this new BCD process compare favorably with previous generations of process technology.
Mar 12, 2018 07:35 am ET
Report: Exploring Fundamental Drivers Behind Fiat Chrysler Automobiles N.V, Baytex Energy, Toronto Dominion Bank, VALE S.A, Consol Energy, and MagnaChip Semiconductor — New Horizons, Emerging Trends,
NEW YORK, March 12, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Fiat Chrysler Automobiles N.V. (NYSE:FCAU), Baytex...
Feb 12, 2018 10:22 am ET
Pomerantz LLP and The Rosen Law Firm, P.A. Announce Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of MagnaChip Semiconductor Corp. -- MX
SAN FRANCISCO, Feb. 12, 2018 /PRNewswire/ -- Pomerantz LLP and The Rosen Law Firm, P.A. announce that the United States District Court for the Northern District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of MagnaChip Semiconductor Corp. (NYSE:MX):
Feb 12, 2018 05:00 am ET
MagnaChip Offers 2nd-Generation 0.13 Micron BCD Process Technology with High-Density Embedded Flash Memory
SEOUL, South Korea and SAN JOSE, Calif., Feb. 12, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, announced today it now offers the 2nd generation of 0.13 micron BCD process technology integrated with high-density embedded Flash memory. This second-generation BCD process offers advanced features compared to previous BCD processes, which are high-density Flash memory up to 64 kilo bytes, low specific Ron of power LDMOS up to 40V, low number of photo step
Feb 06, 2018 03:05 pm ET
MagnaChip Reports Fourth Quarter and Full Year 2017 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Feb. 6, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX), today, announced financial results for the fourth quarter and full year of 2017.
Feb 06, 2018 12:45 pm ET
MagnaChip Semiconductor Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 6, 2018 / MagnaChip Semiconductor Corporation (NYSE: MX) will be discussing their earnings results in their Q4 Earnings Call to be held on February 6, 2018 at 5:00 PM Eastern Time.
Feb 05, 2018 08:00 am ET
Pomerantz LLP and The Rosen Law Firm, P.A. Announce Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of MagnaChip Semiconductor Corp. -- MX
SAN FRANCISCO, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Pomerantz LLP and The Rosen Law Firm, P.A. announce that the United States District Court for the Northern District of California has approved the following announcement of a proposed class...
Jan 17, 2018 07:00 am ET
MagnaChip Schedules Fourth Quarter 2017 Earnings Release and Conference Call on February 6, 2018
SEOUL, South Korea and SAN JOSE, Calif., Jan. 17, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will conduct a conference call Wednesday, February 6, 2018 at 5 p.m. EST to discuss the Company's fourth quarter 2018 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.
Jan 16, 2018 07:00 am ET
MagnaChip to Present at 2018 Needham Growth Conference
SEOUL, South Korea and SAN JOSE, Calif., Jan. 16, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) today announced that members of the executive management team will make an investor presentation at the 2018 Annual Needham Growth Conference in New York City on Wednesday, January 17, 2018 at 1:30 p.m. EST.  An audio webcast of the presentation can be heard here: http://wsw.com/webcast/needham84/mx/
Jan 08, 2018 08:00 am ET
MagnaChip Offers Multi-Level Thick IMD Process for Capacitor with Ultra-High Breakdown Voltage
SEOUL, South Korea and SAN JOSE, Calif., Jan. 8, 2018 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, today announced it now offers a multi-level thick IMD (Inter-Metal Dielectric) process for a capacitor with ultra-high breakdown voltage. This capacitor is useful for the digital isolation and capacitive coupling in electronic circuits.
Nov 06, 2017 09:00 am ET
MagnaChip Offers 0.35 micron 700V Ultra-High Voltage Process Technology with Process Simplification
SEOUL, South Korea and SAN JOSE, Calif., Nov. 6, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it now offers a 0.35 micron 700V Ultra-High Voltage process technology (UHV) that reduces mask counts, manufacturing time and cost for power-related AC-DC products. This UHV process technology offers 700V nLDMOS, 700V JFET, and 5.5V CMOS devices that are suitable for manufacturing AC-DC converter ICs and LED driver ICs.
Nov 01, 2017 05:15 pm ET
MagnaChip Reports Third Quarter 2017 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Nov. 1, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation, (NYSE: MX), today announced revenue for the third quarter of $176.7 million, gross profit margin of 28.5%, net income of $5.6 million and Adjusted EBITDA of $24.7 million or 14.0% of revenue. Gross profit margin and Adjusted EBITDA both were at the highest quarterly levels in more than four years.
Oct 10, 2017 10:00 am ET
MagnaChip Schedules Third Quarter 2017 Earnings Release and Conference Call
SEOUL, South Korea and SAN JOSE, Calif., Oct. 10, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will hold a conference call Wednesday, November 1, 2017 at 5 p.m. EDT to discuss the Company's third quarter 2017 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.  
Sep 11, 2017 10:00 am ET
MagnaChip to Host Annual Foundry Technology Symposium in Hsinchu, Taiwan in October 2017
SEOUL, South Korea and SAN JOSE, Calif., Sept. 11, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor products, announced today it will host its annual Foundry Technology Symposium at Sheraton Hsinchu Hotel, Taiwan, on October 25th, 2017.
Sep 05, 2017 09:00 am ET
MagnaChip to Present at Citi Global Technology Conference on Sept. 6
SEOUL, South Korea and SAN JOSE, Calif., Sept. 5, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, today announced that members of the executive management team will make an investor presentation at the 2017 Citi Global Technology Conference on Wednesday, September 6 at 8 am EDT. The conference is being held in New York City.
Aug 09, 2017 10:30 pm ET
MagnaChip Discloses Pricing of Secondary Offering by Selling Stockholders of 4,088,978 Shares of Common Stock
SEOUL, South Korea and SAN JOSE, Calif., Aug. 9, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, today disclosed that certain of its stockholders that are affiliated with Avenue Capital Management II, L.P. (the "selling stockholders") priced an underwritten registered public offering of 4,088,978 shares of MagnaChip's common stock at a price per share to the public of $11.10. The common stock offe
Aug 09, 2017 05:09 pm ET
MagnaChip Discloses Commencement of Secondary Offering by Selling Stockholders of 4,088,978 Shares of Common Stock
SEOUL, South Korea and SAN JOSE, Calif., Aug. 9, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, today disclosed that certain of its stockholders that are affiliated with Avenue Capital Management II, L.P. (the "selling stockholders") intend to offer and sell 4,088,978 shares of MagnaChip's common stock in an underwritten registered public offering. MagnaChip will not receive any proceeds from the
Aug 03, 2017 05:15 pm ET
MagnaChip Reports Second Quarter 2017 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Aug. 3, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, today announced financial results for the second quarter ended June 30, 2017.
Jul 17, 2017 10:00 am ET
MagnaChip Selected as Foundry Partner by ELAN Microelectronics For World's First Fingerprint Sensor IC-Based Smartcard
SEOUL, South Korea and SAN JOSE, Calif., July 17, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, announced today it was selected as a foundry partner by ELAN Microelectronics to manufacture the world's first fingerprint sensor IC-based smartcard. The smartcard uses biometrics technology that provides secure identification to prevent credit card fraud, a severe and gro
Jul 13, 2017 10:00 am ET
MagnaChip Schedules Second Quarter 2017 Earnings Release and Conference Call
SEOUL, South Korea and SAN JOSE, Calif., July 13, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will hold a conference call Thursday, August 3, 2017 at 5 p.m. EDT to discuss the Company's second quarter 2017 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.  
Jun 19, 2017 11:16 am ET
MagnaChip to Offer 0.13 micron BCD Process Technology with High-Density Embedded Flash
SEOUL, South Korea and SAN JOSE, Calif., June 19, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, announced today it now offers 0.13 micron BCD process technology integrated with high-density embedded Flash. This BCD process offers 40V power LDMOS and delivers 64K Bytes flash memory, making it suitable for programmable PMIC, wireless power chargers and USB-C power-deli
May 03, 2017 05:15 pm ET
MagnaChip Reports First Quarter 2017 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., May 3, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor platform solutions for  communications, IoT, consumer, industrial and automotive applications, today announced financial results for the first quarter ended March 31, 2017.
Apr 17, 2017 10:00 am ET
MagnaChip Schedules First Quarter 2017 Earnings Release and Conference Call
SEOUL, South Korea and SAN JOSE, Calif., April 17, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will hold a conference call Wednesday, May 3, 2017 at 5 p.m. EDT to discuss the Company's first quarter 2017 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.  
Apr 10, 2017 10:00 am ET
MagnaChip to Host Its Annual Foundry Technology Symposium in Santa Clara, California
SEOUL, South Korea and SAN JOSE, Calif., April 10, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it will host its Annual U.S. Foundry Technology Symposium at Hilton Santa Clara, California, on June 7th, 2017.
Mar 13, 2017 10:00 am ET
MagnaChip Unveils New 0.18 Micron RFSOI 2.5V Process With Enhanced Switching Performance
SEOUL, South Korea and SAN JOSE, Calif., March 13, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers a new 0.18 micron RFSOI process with enhanced switching performance. Compared to the previous 1.5/2.5V process, this new switch-centric process created specifically for 2.5V reduces manufacturing cost and time-to-market while providing competitive and superior performance for antenna switches used in mobile and Internet-of-Things device
Feb 09, 2017 04:15 pm ET
MagnaChip Reports Fourth Quarter 2016 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Feb. 9, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced financial results for the fourth quarter ended December 31, 2016.
Jan 30, 2017 09:00 am ET
MagnaChip Schedules Fourth Quarter 2016 Earnings Release on February 9, 2017; Investor Conference Call to be Held Pre-Market on February 10
SEOUL, South Korea and SAN JOSE, Calif., Jan. 30, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) today announced it will report financial results for the fourth quarter of 2016 on Thursday, February 9, 2017 at 4:15 p.m. ET. The Company will host an investor conference call on Friday, February 10, 2017 at 8 a.m. ET to discuss the Company's fourth quarter 2016 financial results.
Jan 16, 2017 09:00 am ET
MagnaChip Offers 0.35 micron 700V Ultra High Voltage Process Technology with Process Simplification
SEOUL, South Korea and SAN JOSE, Calif., Jan. 16, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers a 0.35 micron 700V Ultra High Voltage process technology with process simplification that reduces manufacturing time and cost. This Ultra High Voltage (UHV) process offers 700V nLDMOS, 700V JFET, 30V n/pMOS(Vg=Vd=30V) and 5.5V CMOS devices that are ideal for manufacturing AC-DC converter ICs and LED driver ICs.
Jan 11, 2017 08:45 am ET
MagnaChip Prices Upsized 5.00% Exchangeable Senior Notes Offering
SEOUL, South Korea and SAN JOSE, Calif., Jan. 11, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) (the "Company," and together with its subsidiaries, "MagnaChip"), today announced that MagnaChip Semiconductor S.A. (the "Issuer") has priced an upsized offering of $75 million aggregate principal amount of exchangeable senior notes due 2021 (the "Notes").  The Company has also granted the initial purchasers a 30-day option to purchase up to an additional $11,250,000 principal amount of Notes.  The Notes will bear interest at a rate of 5.00% per annum, payable semi-annually i
Jan 10, 2017 04:15 pm ET
MagnaChip Announces Proposed $65 Million Private Offering of Exchangeable Senior Notes and Stock Repurchase
SEOUL, South Korea and SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) (the "Company," and together with its subsidiaries, "MagnaChip"), announced today the proposed offering by its wholly-owned subsidiary, MagnaChip Semiconductor S.A., of $65 million aggregate principal amount of Exchangeable Senior Notes due 2021 (the "Notes") through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.  MagnaChip expects to grant the initial purchasers of the Notes a 30-day option to purchase
Jan 10, 2017 04:15 pm ET
MagnaChip Semiconductor Pre-Announces Preliminary Fourth Quarter 2016 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ -- MagnaChip Semiconductor (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today pre-announced preliminary financial results for the fourth quarter of 2016.
Jan 06, 2017 09:00 am ET
MagnaChip Selected as "2016 Best Supplier" by LG Display
SEOUL, South Korea and SAN JOSE, Calif., Jan. 6, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced it was given the prestigious "2016 Best Supplier Award" by LG Display.
Nov 14, 2016 09:00 am ET
MagnaChip to Offer 0.13 micron EEPROM based RF-CMOS Technology for Wireless Applications
SEOUL, South Korea and SAN JOSE, Calif., Nov. 14, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it now offers 0.13 micron EEPROM- based RF-CMOS technology. This RF-CMOS process was developed using a P-type substrate, which is tailored specifically for wireless applications.
Oct 27, 2016 05:15 pm ET
MagnaChip Reports Third Quarter 2016 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Oct. 27, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced financial results for the third quarter ended September 30, 2016.
Oct 18, 2016 10:00 am ET
MagnaChip Schedules Third Quarter 2016 Earnings Release and Conference Call
SEOUL, South Korea and SAN JOSE, Calif., Oct. 18, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will hold a conference call Thursday, October 27, 2016 at 5 p.m. EDT to discuss the Company's third quarter 2016 financial results. Participating in the call will be YJ Kim, MagnaChip's CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.
Oct 03, 2016 10:00 am ET
MagnaChip Announces Cost Competitive 0.13 micron Slim Flash Process Technology
SEOUL, South Korea and SAN JOSE, Calif., Oct. 3, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today the availability of a new 0.13 micron Slim Flash process technology, based on 0.13 micron EEPROM.  While maintaining the same performance characteristics of the existing EEPROM process, Slim Flash process technology is highly cost competitive because it reduces the number of layers to be embedded by 20 percent and cuts the manufacturing turnaround time by 1
Sep 07, 2016 07:00 am ET
Himax Selects MagnaChip to Begin Volume Production On Jointly Developed Power Management IC
SEOUL, South Korea and SAN JOSE, Calif., Sept. 7, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today it has begun volume production of a Power Management IC (PMIC) designed by Himax, a Taiwanese leading fabless company, using MagnaChip's specialty 0.18 micron BCD (Bipolar CMOS-DMOS) technology process.
Sep 02, 2016 05:25 pm ET
MagnaChip Extends Shareholder Rights Plan
SEOUL, South Korea and SAN JOSE, Calif., Sept. 2, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that its Board of Directors has unanimously approved a second amendment ("Amendment No. 2") of its Rights Agreement, dated March 5, 2015, as previously amended by Amendment No. 1 to the Rights Agreement, dated March 2, 2016.
Aug 03, 2016 05:15 pm ET
MagnaChip Reports Second Quarter 2016 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Aug. 3, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced financial results for the second quarter ended June 30, 2016.
Aug 01, 2016 08:00 am ET
Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of MagnaChip Semiconductor Corp. -- MX
SAN FRANCISCO, Aug. 01, 2016 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that the United States District Court for the Northern District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of MagnaChip Semiconductor Corp. (NYSE:MX):...
Jul 19, 2016 07:00 am ET
MagnaChip Schedules Second Quarter 2016 Earnings Release and Conference Call
SEOUL, South Korea and SAN JOSE, Calif., July 19, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will hold a conference call Wednesday, August 3, 2016 at 5 p.m. EDT to discuss the Company's second quarter 2016 financial results. Participating in the call will be YJ Kim, MagnaChip CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.
Jul 18, 2016 07:00 am ET
MagnaChip to Host Annual Foundry Technology Symposium in Hsinchu, Taiwan in September 2016
SEOUL, South Korea and SAN JOSE, Calif., July 18, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today it will host its annual Foundry Technology Symposium at Sheraton Hsinchu Hotel, Taiwan, on September 27th, 2016.
Jun 22, 2016 10:00 am ET
MagnaChip Selects Mentor Graphics Analog FastSPICE Platform for Verification of Analog and Mixed-Signal Designs
WILSONVILLE, Ore., June 22, 2016 /PRNewswire/ -- Mentor Graphics Corp. (Nasdaq: MENT) today announced that MagnaChip Semiconductor Corp. (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high-volume consumer applications, has selected the Mentor® Analog FastSPICE™ (AFS™) Platform for circuit verification and device noise analysis of their analog and mixed-signal designs including display drivers, power management ICs, and PLLs.
Jun 15, 2016 05:15 pm ET
MagnaChip Announces Summary Notice Of Hearing And Proposed Derivative Settlement
SEOUL, South Korea and SAN JOSE, Calif., June 15, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today issued the following statement:
May 27, 2016 07:00 am ET
MagnaChip Reaches Settlement with Engaged Capital, LLC
SEOUL, South Korea and SAN JOSE, Calif., May 27, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it has entered into a Settlement Agreement with Engaged Capital, LLC ("Engaged Capital").  Under the terms of the agreement, Camillo Martino and Melvin L. Keating will immediately join the Company as observers of the Company's Board of Directors (the "Board").  In addition, the Company will nominate Mr. Martino for election to the Boar
May 23, 2016 07:00 am ET
MagnaChip Ranked Second in Mobile AMOLED Display Driver IC Global Market
SEOUL, South Korea and SAN JOSE, Calif., May 23, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, was ranked second in the mobile AMOLED display driver IC (DDIC) global market by IHS, Inc., the leading global source of critical information and insight. According to IHS, MagnaChip held a 38% market share in the fourth quarter of 2015 based on unit shipments of its mobile AMOLED display driver IC.
May 09, 2016 01:48 pm ET
MagnaChip and YMC Expand Cost-Effective 0.18um Multiple-Time Programmable (MTP) Manufacturing Processes
SEOUL, South Korea and SAN JOSE, Calif., May 9, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it has expanded its line of cost effective 0.18 micron multiple-time programmable intellectual property (MTP-IP) devices. Jointly developed with Yield Microelectronics Corporation (YMC) of Taiwan to address the increasing MTP-IP demand for microcontroller (MCU) and touch IC applications, it also enables cost-effective IC designs and high performance non
May 05, 2016 05:15 pm ET
MagnaChip Reports First Quarter 2016 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., May 5, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced financial results for the first quarter ended March 31, 2016.
Apr 25, 2016 07:00 am ET
MagnaChip Begins Delivery of e-Compass Sensors in China
SEOUL, South Korea and SAN JOSE, Calif., April 25, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that it is now shipping its e-Compass sensor (MXG2320)  in China to a major smartphone manufacturer that is targeting mobile markets in China and India.
Apr 14, 2016 07:00 am ET
MagnaChip Schedules First Quarter 2016 Earnings Release and Conference Call
SEOUL, South Korea and SAN JOSE, Calif., April 14, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX) will hold a conference call Thursday, May 5, 2016 at 5 p.m. EDT to discuss the Company's first quarter 2016 financial results. Participating in the call will be YJ Kim, MagnaChip CEO and Jonathan Kim, Executive Vice President and CFO. The earnings press release will be issued after the market closes that day.
Apr 06, 2016 07:00 am ET
MagnaChip to Host Its Annual Foundry Technology Symposium in Santa Clara (California) and Austin (Texas)
SEOUL, South Korea and SAN JOSE, Calif., April 6, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that it will host its Annual U.S. Foundry Technology Symposium at Levi's Stadium in Santa Clara, CA on May 10th and at the Driskill Hotel in Austin, TX on May 12th, 2016.
Apr 04, 2016 07:00 am ET
Sitronix Selects MagnaChip for their Best Cooperative Partner Award
SEOUL, South Korea and SAN JOSE, Calif., April 4, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that MagnaChip was selected for "The Best Cooperative Partner Award" by Sitronix Technology, a leading fabless IC company based in Taiwan.
Mar 28, 2016 07:00 am ET
MagnaChip Surpasses 6 Million Display Driver ICs Shipped for OLED TV
SEOUL, South Korea and SAN JOSE, Calif., March 28, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that its cumulative shipment of display driver ICs for organic light-emitting diode (OLED) TVs has surpassed the 6 million cumulative unit mark since initial shipments began in 2013.
Mar 02, 2016 04:15 pm ET
MagnaChip Amends and Extends Shareholder Rights Plan
SEOUL, South Korea and CUPERTINO, Calif., March 2, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, announced today that its Board of Directors has unanimously approved an amendment and extension of its Rights Agreement, dated March 5, 2015.
Feb 17, 2016 04:15 pm ET
MagnaChip Reports Fourth Quarter and Full Year 2015 Financial Results
SEOUL, South Korea and SAN JOSE, Calif., Feb. 17, 2016 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced financial results for the fourth quarter and full year ended December 31, 2015.

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