other material
confidence high
sentiment neutral
materiality 0.30
MAGNACHIP SEMICONDUCTOR Corp (MX): auditor change — Magnachip Semiconductor dismisses Samil PWC, engages E&Y as FY2025 auditor
MAGNACHIP SEMICONDUCTOR Corp
- Audit Committee approved dismissal of Samil PWC effective upon filing of FY2024 10-K.
- Engaged Ernst & Young Han Young as independent auditor for FY2025, contingent on engagement letter.
- Samil PWC reports for FY2024 and FY2023 contained no adverse opinion or qualification.
- No disagreements or reportable events with Samil PWC during the relevant periods.
- Company received letter from Samil PWC agreeing with disclosures; filed as Exhibit 16.1.