---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-118848"
form_type: "8-K/A"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T13:39:33.682302+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Magnachip estimates $12-15M cash cost for Display biz liquidation; sees $15-20M inflow

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-118848
- form_type: 8-K/A
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312525118848/0001193125-25-118848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312525118848/d40334d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-118848
- JSON: https://secwatch.observer/filing/0001193125-25-118848.json
- Plain text: https://secwatch.observer/filing/0001193125-25-118848.txt

## Key facts
- Restructurings & Charges
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000119312525118848/0001193125-25-118848-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
