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21.09.26 - 13:03
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Magnachip Announces Strategic Investment by Navitas Semiconductor (Business Wire)
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Investment deepens strategic partnership and supports development of differentiated next-generation power semiconductor solutionsSEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”), a designer and manufacturer of analog and mixed-signal power semiconductor platform solutions, today announced that Navitas Semiconductor Corporation (Nasdaq: NVTS) (“Navitas”) has agreed to make a $5 million strategic equity investment in Magnachip.
Under the terms of a privately negotiated stock purchase agreement, Magnachip will issue and sell 1,461,988 shares of its common stock to Navitas at a purchase price of $3.42 per share, for aggregate proceeds of $5 million. The transaction is expected to close on or about September 24, 2026, subject to the satisfaction or waiver of customary closing conditions.
The investment builds on the growing strategic partnership between Magnachip and Navitas following the announcement in July 2026 to accelerate the a...
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08.07.26 - 22:03
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Magnachip to Announce Second Quarter 2026 Financial Results on July 29, 2026 (Business Wire)
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SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended June 30, 2026, on Wednesday, July 29, 2026, 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.
In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this event, including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call.
Online registration: https://register-conf.media-server.com/register/BIb70b5b5cb65045238d2757182fd0d278
A live and archived webcast of the conference call and a copy of the earnings release will be accessible from the 'Investors' section of the company's website at www.magnachip.com.
About Magnachip Semiconductor Corporatio...
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29.06.26 - 22:03
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Magnachip Appoints Chae Lee as Chief Executive Officer (Business Wire)
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Camillo Martino to Continue as Chairman of the BoardSEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX, “Magnachip”) announced the appointment of Chae Lee as Chief Executive Officer, effective July 1, 2026. Lee is also expected to join Magnachip's Board of Directors following the effective date of his appointment. Lee succeeds Camillo Martino, who has served as Interim Chief Executive Officer since August 2025 and will continue to serve as Chairman of the Board of Directors.
Lee brings more than 30 years of global semiconductor industry experience spanning power semiconductors, power management integrated circuits (PMIC), sensors, audio amplifiers with expertise in applications, sales, marketing, operations and executive leadership. Most recently, he served as Chief Executive Officer of Tagore Technology, a provider of Gallium Nitride (GaN) semiconductor solutions for Radio Frequency (RF) and Power applications. Prior to Tagore, Lee held senior leadership positions at ...
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09.04.26 - 22:06
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Magnachip to Announce First Quarter 2026 Financial Results on April 28, 2026 (Business Wire)
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SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2026, on Tuesday, April 28, 2026, 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.
In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this event, including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call.
Online registration: https://register-conf.media-server.com/register/BId9ff896cba6d4bf6bc5204e0fd2d7a6b
A live and archived webcast of the conference call and a copy of the earnings release will be accessible from the 'Investors' section of the company's website at www.magnachip.com.
About Magnachip Semiconductor Corporation...
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