MAGNACHIP SEMICONDUCTOR Corp (MX): restructuring charge — Magnachip estimates $12-15M cash cost for Display biz liquidation; sees $15-20M inflow

MAGNACHIP SEMICONDUCTOR Corp

Total cash cost of Display liquidation estimated at $12-15M, offset by expected $15-20M inflow from EOL product sales and IP monetization over ~2 years.
Net statutory severance of $4.5M already fully accrued; remaining charges expected in Q2 2025.
Cash inflow dependent on customer demand and outcome of IP monetization efforts; company maintains small team for EOL support.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

MAGNACHIP SEMICONDUCTOR Corp announced a restructuring with charges of approximately $12 to $15 million affecting Magnachip Mixed-Signal, Ltd., the Company’s wholly owned subsidiary that operated the Company’s discontinued Display business.

Type: restructuring
Charge: approximately $12 to $15 million
Affected area: Magnachip Mixed-Signal, Ltd., the Company’s wholly owned subsidiary that operated the Company’s discontinued Display business

Exact text from the filing

The total estimated cash cost of the Liquidation is approximately $12 to $15 million, which is expected to be offset by the cash inflow that the Company will generate as described above.

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7 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

MAGNACHIP SEMICONDUCTOR Corp filing history →

Source: SEC EDGAR

accession 0001193125-25-118848

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