Highest-materiality recent filing
Magnachip appoints Chae Lee as CEO effective July 1, 2026; Martino remains Chairman
Chae Lee appointed CEO, effective July 1, 2026; succeeds Camillo Martino who continues as Chairman.
Magnachip enters $50M at-the-market stock offering with B. Riley Securities
Up to $50M of common stock may be sold through B. Riley Securities as agent or principal.
Magnachip shareholders approve 3M share increase in equity plan at annual meeting
Shareholders approved Amended and Restated 2020 Equity and Incentive Compensation Plan, increasing authorized shares by 3,000,000.
Magnachip Q1 revenue $46.2M, up 3.3% YoY; operating loss narrows sequentially
Revenue $46.2M, up 3.3% YoY and 13.9% QoQ; gross margin 15.6% above guidance mid-point.
Magnachip Q4 revenue $40.6M, down 20.7% YoY; GAAP loss per share $0.24
Consolidated revenue $40.6M, down 11.7% QoQ and 20.7% YoY; gross margin fell to 9.3% from 21.7% YoY.
Magnachip appoints Cristiano Amoruso as independent director effective Jan 14, 2026
Mr. Amoruso joins Audit, Compensation, and Nominating & Corporate Governance committees.
Magnachip Semiconductor director Ilbok Lee retires after 14 years on board
Ilbok Lee resigned from Magnachip's Board effective Jan 14, 2026, for personal reasons, no disagreement.
Magnachip Q3 revenue $45.9M; operating loss widens to $11.5M; exploring strategic options
Revenue from continuing ops $45.9M, down 3.5% QoQ and 17.1% YoY; gross margin 18.6% at low end of guidance.
Magnachip finalizes interim CEO Martino's compensation: $387K/yr cash, 105K RSUs
Camillo Martino appointed interim CEO effective Aug 11, 2025; compensation finalized in Consulting and Executive Service Agreements dated Sept 30, 2025.
Magnachip finalizes separation of CCO/GC Theodore Kim; 12-month salary severance
Theodore Kim resigns as Chief Compliance Officer, General Counsel, and Secretary effective Sept 9, 2025; employment ends Oct 21, 2025.
Magnachip CEO YJ Kim steps down; Chairman Camillo Martino named interim; CAPEX cut 50%+
CEO YJ Kim resigned effective Aug 11, 2025; Chairman Camillo Martino appointed interim CEO.
Magnachip Q2 revs up 8.1% to $47.6M; cuts FY2025 outlook to flattish
Consolidated revenue from continuing ops $47.6M (+8.1% YoY); GAAP EPS $0.23; adjusted EPS -$0.08.
Magnachip stockholders elect directors, approve say-on-pay and auditor at 2025 annual meeting
Elected five directors: Kyo-Hwa Chung, Young-Joon Kim, Ilbok Lee, Gilbert Nathan, Camillo Martino each with >13M votes for.
Magnachip General Counsel Theodore S. Kim to depart effective Oct 22, 2025
Theodore S. Kim, Chief Compliance Officer, General Counsel and Secretary, will leave Magnachip on October 22, 2025.
Magnachip estimates $12-15M cash cost for Display biz liquidation; sees $15-20M inflow
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.
GAAP loss per share ($0.14); adjusted EPS ($0.10); operating loss narrowed to $6.3M from $9.4M YoY.
Magnachip CEO cuts salary 20%, CFO cuts 10% until operating income positive for 2 quarters
CEO Young-Joon Kim reduces annual base salary by 20% effective April 1, 2025 until operating income >$0 for two consecutive fiscal quarters.
Magnachip to shut down Display business by end of Q2 2025; pivots to pure-play Power
Board unanimously approved liquidation of Magnachip Mixed-Signal, Ltd.; Display business deemed unsustainable.
Magnachip Semiconductor dismisses Samil PWC, engages E&Y as FY2025 auditor
Audit Committee approved dismissal of Samil PWC effective upon filing of FY2024 10-K.
Magnachip dismisses Samil PWC as auditor, appoints E&Y for FY 2025
Audit Committee dismissed Samil PWC effective after filing 2024 10-K on March 11, 2025.
Magnachip Q4 revenue beats guidance; pivots to pure-play Power, explores Display sale
Q4 revenue $63M, above guidance midpoint; gross margin 25.2%, above high end.
Magnachip unit enters KRW 38B equipment financing with KDB for Gumi fab capex
MSK executed a credit agreement with Korea Development Bank for CAPEX loans up to KRW 38B (~$26.5M).
Magnachip Q3 revenue $66.5M at high-end guidance; net loss $9.6M, standard products up 25.9% QoQ
Q3 consolidated revenue $66.5M, at high-end of guidance ($61.5-66.5M), up 25% QoQ and 8.5% YoY.
Magnachip Q2 revenue $53.2M beats guidance; gross margin 21.8% above high end
Q2 revenue $53.2M, above mid-point of $49-54M guidance; gross margin 21.8% exceeded upper end of 17-19%.
Magnachip EVP & GM of Mixed-Signal Solutions resigns; enters consulting agreement
Woungmoo Lee resigned as EVP and GM of Mixed-Signal Solutions effective July 31, 2024.
Magnachip stockholders elect all director nominees and approve advisory votes at 2024 annual meeting
All five director nominees elected; Kyo-Hwa Chung received 18.8M for votes, 2.4M withheld.
Magnachip Q1 revenue $49.1M; GAAP net loss $15.4M; reiterates FY double-digit growth in MSS and PAS
Q1 consolidated revenue $49.1M (guidance $46-51M); GAAP diluted EPS -$0.40; non-GAAP adjusted EPS -$0.28.
Magnachip subsidiary secures KRW 40B (~$28.9M) term loan from Korea Development Bank
Term loan of KRW 40 billion (~$28.9M) fully funded March 26, 2024; initial interest rate 4.86% per annum.
Magnachip Semiconductor Co-General Manager Chan Ho Park Resigns, Enters Separation Agreement
Chan Ho Park resigned as Co-General Manager of Power Analog Solutions, effective April 30, 2024.
Magnachip Q4 revenue $50.8M, net loss $6.0M; FY2023 revenue down 31.9%
Q4 revenue $50.8M near low-end of guidance; GAAP net loss $6.0M (diluted EPS -$0.16) vs. net income $3.0M a year ago.
Magnachip Q3 2023 revenue $61.2M inline; GAAP loss $0.13/sh, cash $166.6M no debt
Revenue $61.2M in-line; GAAP diluted EPS -$0.13, non-GAAP -$0.04; operating loss $9.2M.
Board member Mel Keating resigns; Gilbert Nathan named Audit Committee Chair
Mel Keating resigned from the board effective Sept 5, 2023 after 7+ years; cites planned separation of Display & Power ops and other obligations.
Magnachip Q2 revenue $61.0M (down 39.8% YoY); announces $50M stock buyback
Revenue $61.0M, down 39.8% YoY but up 7% sequentially; GAAP diluted loss $0.09, adjusted loss $0.06.
Interim CFO Young-Joon Kim steps down; Shin Young Park returns as CFO after maternity leave
Effective July 24, 2023, Young-Joon Kim ended his interim CFO role as Shin Young Park returned from maternity leave.
Magnachip director Gary Tanner resigns effective July 14, 2023
Gary Tanner resigned from Magnachip's board effective July 14, 2023, for personal reasons; no disagreement with company over financial reporting, operations, or policies.
Stockholders approve Amended 2020 Equity Plan, increasing authorized shares by 1.99M
Approved at 2023 Annual Meeting on May 18, 2023.
Magnachip appoints Gilbert Nathan to board, increases size to 7
Board increased to seven members; Gilbert Nathan appointed effective May 19, 2023.
Magnachip shareholders elect all six director nominees at 2023 annual meeting
Elected six directors: Melvin Keating, YJ Kim, Ilbok Lee, Camillo Martino, Gary Tanner, Kyo-Hwa Chung.
Magnachip Q1 revenue $57M, down 45% YoY; GAAP loss $0.49 per share
Revenue of $57.0M, within guidance, but down 45.2% YoY due to wafer shortage and inventory correction.
Magnachip CFO Shin Young Park on maternity leave; CEO Kim serves as interim CFO
CFO Shin Young Park on maternity leave effective April 28, 2023; expected return end of July/early August 2023.
Magnachip to appoint shareholder Gilbert Nathan to Board of Directors under agreement
Gilbert Nathan will join as board observer immediately, then as director after 2023 Annual Meeting.
Magnachip Q4 revenue $61M, down 44.7% YoY; full-year loss $0.18 diluted EPS
Q4 revenue $61.0M (near high-end of guidance) but down 44.7% YoY due to 28nm OLED wafer shortages and weak Android demand.
Revenue $71.2M within guidance; Display down 89% YoY due to OLED wafer shortages; Power down 4% YoY.
Magnachip Q3 revenue $71.2M, GAAP EPS -$0.38; non-GAAP EPS $0.02
Revenue fell to $71.2M from $93.9M YoY; Display revenue down 89% to $6.4M due to OLED wafer shortages.
Magnachip expands share repurchase program by $12.5M to $87.5M total
Board authorized expanding stock repurchase program from $75M to $87.5M of common stock.
Magnachip Q2 revenue falls 11% YoY to $101.4M; GAAP loss $0.07, non-GAAP EPS $0.23
Revenue of $101.4M, down 11% YoY and 2.6% sequentially; Power Solutions up 11.1% YoY.
Magnachip Q1 2022 revenue $104.1M, down 15.4% YoY; strong Power Solutions record
Revenue $104.1M, down 5.7% Q/Q and 15.4% YoY; GAAP diluted EPS $0.20.
Magnachip annual meeting: all director nominees elected, say-on-pay and auditor ratified
Six directors elected: Camillo Martino, Kyo-Hwa Chung, Melvin Keating, Young-Joon Kim, Ilbok Lee, Gary Tanner.
MagnaChip amends termination agreement; $4.8M balance due June 30, 2022
Parent paid $14.4M on April 4, 2022 as part of the $70.2M termination fee.
Magnachip completes $37.5M accelerated share repurchase at avg $18.51
Completed $37.5M repurchase of common stock via accelerated agreement with JPMorgan.
appointed Chae Lee to serve as the Company’s Chief Executive Officer and as its principal executive officer, effective July 1, 2026.
appointed Mr. Lee as a director effective July 1, 2026
Camillo Martino resigned from his position as Interim Chief Executive Officer of the Company as of the effective date of Mr. Lee’s appointment
On May 21, 2025, Magnachip Semiconductor Corporation (the “Company”) and Theodore S. Kim, the Company’s Chief Compliance Officer, General Counsel and Secretary, mutually agreed that Mr. Kim will depart from his employment and executive officer roles with the Company, effective October 22, 2025.
On July 29, 2024, Woungmoo Lee resigned from his position as Executive Vice President and General Manager of Mixed-Signal Solutions of Magnachip Semiconductor Corporation (the “Company”), to be effective as of 11:59 p.m. (Korea Time) on July 31, 2024.
On March 22, 2024, Chan Ho Park, Co-General Manager of Power Analog Solutions of Magnachip Semiconductor Corporation (the “Company”), resigned from such position, to be effective at the end of the day on April 30, 2024.
On September 6, 2023, Magnachip Semiconductor Corporation (the “Company”) announced that Mr. Melvin Keating has notified the Company of his intention to resign from the Company’s board of directors (the “Board”), which resignation was accepted by the Board and effective as of September 5, 2023.
Effective July 24, 2023, Mr. Young-Joon Kim’s term as Interim Chief Financial Officer, as well as the principal financial officer and principal accounting officer, of Magnachip Semiconductor Corporation (the “Company”) concluded following Ms. Shin Young Park’s return from her maternity leave.
following Ms. Shin Young Park’s return from her maternity leave.
On July 17, 2023, Magnachip Semiconductor Corporation (the “Company”) announced that Mr. Gary Tanner has notified the Company of his intention to resign from the Company’s board of directors (the “Board”), which resignation was accepted by the Board and effective as of July 14, 2023.
appointed Gilbert Nathan as a director of the Company to serve until the 2024 Annual Meeting of Stockholders or until his successor has been duly elected and qualified, or until his earlier death, resignation, retirement, disqualification or removal.
On April 28, 2023, Shin Young Park, Chief Financial Officer, as well as the principal financial officer and principal accounting officer, of Magnachip Semiconductor Corporation (the “Company”), went on maternity leave.
Max materiality 0.85 · Median 0.57 · Most common event earnings