MAGNACHIP SEMICONDUCTOR Corp: insider trades · United States · SEC (Form 4)

About MAGNACHIP SEMICONDUCTOR Corp

Magnachip Semiconductor Corp. (NYSE: MX) is a U.S.-listed semiconductor company traded on the NYSE in the United States, although its operating footprint is largely centered in South Korea. From an equity analyst perspective, Magnachip is best described as a designer and manufacturer of analog and mixed-signal semiconductor platform solutions, with exposure to communications, IoT, consumer electronics, computing, industrial, and automotive end markets. The company says it has more than 40 years of operating history and a portfolio of roughly 1,100 registered patents and pending applications, which supports its positioning as a specialized, IP-backed player in power and mixed-signal semiconductors. ([investors.magnachip.com](https://investors.magnachip.com/index.php/)) Magnachip’s business model has evolved materially over the past few years. In its 2024 annual report, the company explained that it reorganized its standard products business into two main business lines: Mixed-Signal Solutions (MSS), which includes Display IC and Power IC businesses, and Power Analog Solutions (PAS), which focuses on power discrete devices and is operated as an integrated device manufacturing business. That internal separation was completed in January 2024 through the creation of Magnachip Mixed-Signal, Ltd. in Korea. The company then transferred the Power IC business into PAS effective January 1, 2025, in order to consolidate its power solutions under one structure and sharpen strategic focus. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1325702/000119312525054851/d920621d10k.htm)) On the product side, Magnachip’s portfolio is centered on standard semiconductor devices rather than custom ASICs. Key offerings include MOSFETs, IGBTs, power ICs, display-related ICs, and other power management solutions used in smartphones, servers, industrial systems, solar inverters, energy storage systems, smart home appliances, and electric mobility applications. Recent product activity has been notably strong: management reported 55 new-generation product launches in 2025 versus just four in 2024, while early 2026 brought a new IGBT series targeting solar inverters and industrial ESS, as well as new MOSFET launches for servers and high-performance PCs. That cadence suggests a company trying to rebuild growth through product renewal and application diversification. ([investors.magnachip.com](https://investors.magnachip.com/static-files/a31a9e5f-c35e-458e-9a53-c6d544f2e1f9)) From a competitive standpoint, Magnachip is not a broad-based mega-cap chip supplier; it is a niche specialist competing in a highly cyclical and intensely competitive power semiconductor market. Its edge comes from decades of engineering know-how, customer qualification experience, manufacturing expertise, and a portfolio of standard products that can be sold globally. Management has repeatedly emphasized a sharper focus on power semiconductors, where the company believes it can compete and win more effectively. ([investors.magnachip.com](https://investors.magnachip.com/static-files/a31a9e5f-c35e-458e-9a53-c6d544f2e1f9)) Geographically, Magnachip is internationally oriented but operationally anchored in Korea. Its core manufacturing and engineering infrastructure is in South Korea, including Gumi, while investor relations and certain corporate functions are maintained in the United States. This split structure is important for investors because it affects cost base, manufacturing flexibility, and exposure to Asia-centric supply chains. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1325702/000119312525054851/d920621d10k.htm)) Recent headlines are constructive but still transitional. In March 2026, Magnachip reported fourth-quarter and full-year 2025 results, highlighted a cost-reduction program expected to generate more than $2 million in annualized savings, and disclosed a strategic agreement with Hyundai Mobis to expand its industrial business around jointly developed IGBT technology. The company also noted continued investment in its Gumi fab upgrade. Overall, Magnachip remains a restructuring story with improving product momentum, but it still operates in a challenging semiconductor environment. ([investors.magnachip.com](https://investors.magnachip.com/static-files/a31a9e5f-c35e-458e-9a53-c6d544f2e1f9))