Magnachip

#5662

Rank

$467.03M

MarketCap LU

LU Luxembourg

Country

Summary
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2004 and is based in Luxembourg, Luxembourg.

History

MagnaChip was founded in 1954 with the establishment of the Sang bong Electric Industrial Company in Korea. In 1978, Hyundai and Samsung bought a majority share of Sang bong. The company established its semiconductor division in 1979 and became the first semiconductor manufacturer in Korea. In 1993, the company formed MagnaChip Semiconductor and began trading on the KRX in 2006.


Mission
To become the leading provider of semiconductor technology solutions and products to our global partners and customers.

Vision
To be one step ahead in providing innovative solutions and products that meet the complex needs of our customers and meet the highest industry standards.

Key Team

Dr. Chan Ho Park Ph.D. (Gen. Mang. of Power Solutions)

Ms. Shin Young Park (CFO & Chief Accounting Officer)

So-Yeon Jeong (Head of Investor Relations)

Chan-Keun Park (Director of PR)

Mr. Seung-Hoon Lee (Sr. VP of Manufacturing Operations)

Mr. Jk Minh (Chief of Strategic Planning)


Recognition and Awards
MagnaChip has been honored with numerous industry awards and recognition, including the Intel Best Supplier Award, The Best Supplier Award, and the EDS Supplier of the Year Award.

References
Magnachip
Leadership team

Mr. Young-Joon Kim (CEO & Director)

Mr. Theodore S. Kim (Chief Compliance Officer, Gen. Counsel & Sec.)

Mr. Woung Moo Lee (Gen. Mang. of Worldwide Sales)

Products/ Services
Electronics, Manufacturing, Semiconductor, Software
Number of Employees
500 - 1000
Headquarters
Seoul, Seoul-t'ukpyolsi, South Korea
Established
2003
Company Registration
SEC CIK number: 0001325702
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
MX
Social Media
Mon Feb 26 2024
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