Magnachip to Announce First Quarter 2021 Financial Results on May 10
Magnachip Semiconductor Corporation (NYSE: MX) will announce its fiscal Q1 2021 results on May 10, 2021. The press release will be available before the market opens on the company's website. Notably, Magnachip will not hold a conference call for these results due to a recent agreement with Wise Road Capital LTD for a take-private transaction made on March 25, 2021. The company specializes in analog and mixed-signal semiconductor solutions across various sectors, holding approximately 1,200 patents.
- Upcoming earnings announcement on May 10, 2021.
- Strong patent portfolio with about 1,200 registered patents.
- No conference call to discuss earnings results, limiting investor communication.
SEOUL, South Korea, April 26, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) will provide a press release with fiscal first quarter 2021 results before the market opens on Monday, May 10, 2021. This release will be accessible from the 'Investors' section of the company's website at www.magnachip.com.
Magnachip will not host a conference call to discuss its results for the first quarter of 2021, as the Company entered into a definitive agreement with investment vehicles formed by an affiliate of Wise Road Capital LTD in a take private transaction on March 25, 2021.
About Magnachip Semiconductor Corporation
Magnachip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company provides a broad range of standard products to customers worldwide. Magnachip, with more than 40 years of operating history, owns a portfolio of approximately 1,200 registered patents and pending applications, and has extensive engineering, design and manufacturing process expertise. For more information, please visit www.magnachip.com. Information on or accessible through Magnachip's website is not a part of, and is not incorporated into, this release.
CONTACTS:
So-Yeon Jeong
Head of Investor Relations
Tel. +1-408-712-6151
investor.relations@magnachip.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/magnachip-to-announce-first-quarter-2021-financial-results-on-may-10-301276276.html
SOURCE Magnachip Semiconductor Corporation
FAQ
When will Magnachip (MX) announce its first quarter 2021 results?
Will there be a conference call for the Q1 2021 earnings announcement by Magnachip (MX)?
What is the significance of the Wise Road Capital transaction for Magnachip (MX)?
How many patents does Magnachip (MX) hold?
