MagnaChip Semiconductor
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Chae Lee
- Full Time Employees
- 711
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 76, Jikji-daero Cheongju-si NC South Korea 28581
- IPO Date
- Mar 11, 2011
- CIK
- 0001325702
- Website
- magnachip.com
- Similar Companies
- Business
- Magnachip Semiconductor Corporation designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, computing, industrial, and automotive applications; its core products encompass power management integrated circuits including MOSFETs, IGBTs, AC-DC/DC-DC converters, LED drivers, and regulators, alongside display driver ICs for OLED and LCD panels supporting high-resolution displays in smartphones, televisions, automotive displays, and notebook PCs. Founded in 2004 as a spin-off from Hynix Semiconductor and headquartered in Cheongju-si, South Korea, the company maintains significant manufacturing facilities in South Korea, including Gumi-si, and operates sales and R&D offices across Asia, the United States, and China, with a recent expansion marked by the grand opening of its subsidiary Magnachip Technology Company Ltd. in Hefei, China, in May 2024. In November 2025, Magnachip signed a strategic 10-year licensing agreement with Hyundai Mobis for its advanced IGBT technology, originally co-developed for electric vehicle traction inverters since 2015, enabling expansion into industrial, AI data centers, and renewable energy markets with plans to launch a new seventh-generation industrial IGBT series in the first half of 2026 and initial revenue expected in 2027; the company also launched 30 new-generation power products in the first nine months of 2025, plans at least 20 more in Q4 for a yearly total exceeding 50, and initiated operational expense reductions including workforce streamlining to achieve approximately $2.5 million in annualized savings.
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