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MagnaChip Semiconductor Corp (MX)

Information Technology · Analog and power semiconductors · NYSE

MagnaChip is an analog and power semiconductor specialist serving automotive and industrial markets, though facing significant headwinds from declining revenues and operational losses.

What MagnaChip Semiconductor Corp does

MagnaChip Semiconductor designs and manufactures analog and power semiconductor devices used in automotive, industrial, and consumer applications. The company operates as a fabless and foundry-partner semiconductor manufacturer, relying on external subcontractors in Korea and China for packaging and testing, with some production outsourced to independent foundries. MagnaChip serves diverse end-markets including automotive powertrains, LED displays, and industrial control systems.

Themes: ["analog semiconductors","power management","automotive electronics","industrial semiconductors"]

Fundamentals

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Key risks (from latest filing)

["Decline in revenue (-20.69% YoY) and operating profitability; company reported operating loss of $7.2M in Q1 2026 with gross margins under 16%","Dependence on external packaging, testing, and foundry subcontractors in Korea and China; onboarding new subcontractors takes 3-6 months for capability verification and 6-12 months for customer approval","Significant labor union representation (64% of 441 employees as of Dec 2025) creating potential for work stoppages and elevated labor-related costs"]

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Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-10.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.