Magnachip Semiconductor Corp N Stock Price, News & Analysis

Magnachip (NYSE: MX) has launched a new 80V MXT MV MOSFET (MDLT080N017RH) featuring an innovative TOLT (TO-Leaded Top-Side Cooling) package design. The company has already begun supplying this new product to a leading global electric motor manufacturer.

The TOLT package represents a significant advancement in thermal management, achieving an average 22% reduction in junction temperature compared to standard TOLL packages. This improvement is achieved through direct heat dissipation from the top via a mounted metal heat sink, unlike conventional bottom-cooling designs.

The new MOSFET is specifically designed for e-scooters and Light Electric Vehicles (LEVs), offering enhanced system reliability, compact design capabilities, and improved power efficiency without compromising current-handling capability and thermal safety margins.

Magnachip Semiconductor (NYSE: MX) has scheduled its second quarter 2025 financial results announcement for Thursday, July 31, 2025, after market close. The company will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results.

Participants must pre-register online to join the conference call. The earnings release and webcast will be available in the Investors section of Magnachip's website.

Magnachip Semiconductor (NYSE: MX) announced that its management team, including CEO YJ Kim and CFO Shinyoung Park, will participate in the 15th Annual ROTH London Conference. The event will take place at the Four Seasons Hotel London, Park Lane on June 25-26, 2025. During the conference, the executives will be available for one-on-one meetings with institutional investors. Interested investors can schedule meetings through their ROTH sales representative.

Magnachip Semiconductor (NYSE: MX) has announced a board governance initiative to enhance independent oversight of its transition to a pure-play Power business. The company's Chairman, Camillo Martino, will increase his presence at the Korean headquarters throughout 2025 to monitor the implementation of their new 3-3-3 strategy. This strategic plan targets $300 million in annual revenue and a 30% gross margin over three years. Martino will spend several days monthly in Korea to oversee progress, provide feedback to management, and report to other independent directors. The initiative aims to support Magnachip's focus on new-generation Power discrete and Power IC products while achieving financial targets.

Magnachip (NYSE: MX) reported Q1 2025 financial results with consolidated revenue from continuing operations of $44.7 million, aligned with guidance. The company achieved its fourth consecutive quarter of year-over-year growth, with Power solutions business revenue up 12.1% YoY. Gross profit margin reached 20.9%, exceeding guidance of 18.5-20.5%. Key highlights include:

• Power Analog Solutions (PAS) revenue in Communications up 64% YoY
• Power IC business increased 44.1% YoY
• Released 27 new-generation PAS products
• Achieved 50 design-wins in Q1, up 13.6% YoY
• Announced Display business shutdown
• Repurchased 0.3M shares for $1.1M

The company introduced its "3-3-3 strategy" targeting $300M annual revenue, 30% gross margin, and three-year execution horizon. For Q2 2025, Magnachip expects revenue of $45-49M and gross margin of 19.5-21.5%.

Magnachip Semiconductor (NYSE: MX) has scheduled its first quarter 2025 financial results announcement for Monday, May 12, 2025, after market close. The company will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss the quarterly performance.

Participants must complete an online registration process to join the conference call, after which they will receive access details including dial-in numbers and a PIN. The earnings call will be accessible via webcast through the 'Investors' section of Magnachip's website, where both the live and archived versions will be available.

Magnachip Semiconductor (NYSE:MX) has announced plans to shut down its Display business by the end of Q2 2025, following unsuccessful attempts to find strategic alternatives. The company will transform into a pure-play Power business, focusing on Power discrete and Power IC operations.

The shutdown includes liquidating Magnachip Mixed-Signal subsidiary, while retaining the Power IC business which will operate alongside Power discrete operations in Magnachip Korea. The company expects a 30-35% reduction in annualized operating expenditures compared to 2024.

As part of their '3-3-3 strategy', Magnachip aims to:

• Achieve quarterly Adjusted EBITDA break-even from continuing operations by end of 2025
• Reach positive adjusted operating income by 2026
• Attain positive adjusted free cash flow by 2027
• Target $300 million annual revenue with 30% gross profit margin in 3 years

The Power business generated $185 million in revenue in 2024, up 13% from 2023, with projected mid-to-high-single digit growth in 2025.

Magnachip Semiconductor (NYSE: MX) has launched 25 new 6th-generation (Gen6) SJ MOSFETs, significantly expanding its power product portfolio. The new Gen6 devices showcase substantial improvements over their predecessors, including:

• 23% faster switching speeds
• 40% reduction in specific on-resistance (RSP)
• 40% enhancement in Figure of Merit
• 30% smaller chip sizes
• Enhanced ESD protection through embedded Zener diodes

The new lineup features voltage ratings of 600V, 650V, and 700V, available in 7 package types including TO220, TO220FT, SOT223, PDFN88, and D2PAK. These components are specifically designed for high-power efficiency applications such as AI TVs, smart refrigerators, and AI laptop adapters. The launch aligns with projected 20% annual growth in the smart home device market from 2025 to 2028, according to Omdia.

Magnachip Semiconductor (NYSE: MX) has launched two new 6th-generation (Gen6) 650V Insulated Gate Bipolar Transistors (IGBTs) designed for solar inverters. The new IGBTs feature polyimide insulation layers and have passed high-voltage, high-humidity, and high-temperature reverse bias tests.

The MBQ40T65S6FHTH model reduces conduction loss by 25% and improves system efficiency by 15% in 15kW solar inverters compared to previous generation. The MBQ40T65S6FSTH model decreases switching loss by 15% and conduction loss by 8%, enhancing system efficiency by 11% in 3kW solar inverters.

These IGBTs support operating temperatures up to 175°C and include integrated fast recovery anti-parallel diodes. Magnachip plans to expand its Gen6 650V IGBT product range with current ratings from 5A to 75A in the second half of the year. The discrete IGBT market in renewable energy is projected to grow at 19% CAGR from 2025 to 2028, according to Omdia.