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.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.
Company News
Magnachip to Announce Third Quarter 2026 Financial Results on November 4, 2026
Magnachip Launches 15 New Gen6 E6 Super-Junction MOSFETs for TVs, Notebook Adapters and PC Power Supplies
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Magnachip Reports Results for Second Quarter 2026
Magnachip to Announce Second Quarter 2026 Financial Results on July 29, 2026
Magnachip Appoints Chae Lee as Chief Executive Officer
Magnachip Launches New 6th-Generation 600V SJ MOSFETs for AI Servers and EV Charging Applications
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Magnachip to Showcase MV MOSFET Portfolio for AI Servers and Data Centers Alongside Its Broader Power Semiconductor Portfolio at PCIM Europe 2026
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