MagnaChip Semiconductor Corp.

Display + power IC maker (NYSE: MX).

📍 Cheongju-si, South Korea

MagnaChip Semiconductor is a Korea-based designer and manufacturer specializing in analog and mixed-signal semiconductor platform solutions, serving diverse sectors including communications, the Internet of Things (IoT), consumer, computing, industrial, and automotive applications, and has strategically transitioned into a pure-play power semiconductor company. The corporation operates with subsidiaries in Luxembourg (Magnachip Semiconductor S.A.) and The Netherlands (Magnachip Semiconductor B.V.). Governance details include Mr. Martino serving as the Chairman of the Board since June 2020 and as a director since August 2016, while Cristiano Amoruso was appointed to the Board of Directors. Financially, the company trades under the ticker MX, with one recorded instance showing a stock price of $5.20 and a market capitalization of $191.31M. In terms of corporate strategy, MagnaChip announced a plan to shut down its Display business by the end of the second quarter of 2025, a move that was part of a competitive process initiated in October 2024. Furthermore, the company has established partnerships, such as the one announced with Melfas Inc. on April 11, 2019, to collaborate on OLED applications for automotive and consumer markets.