Magnachip Shuts Down Display Division
by Joseph Bryans
The liquidation process is expected to reduce the company’s annualized operating expenses by 30% to 35%.
Tags:DDI| Magnachip
Magnachip Targeting New Customers With OLED ICs
by Emory Kale
Semiconductor company Magnachip reported its third quarter 2023 financial results today, highlighting progress in its display business despite macroeconomic challenges.
Tags:Display Drivers| Integrated Circuit (IC)| Magnachip| OLED
Magnachip to Split Display and Power Businesses into Distinct Entities
by Emory Kale
The separation process is expected to be completed in the fourth quarter of 2023.
Tags:Magnachip
Magnachip Reports Q1’23 Revenue Down 45.2% YoY; Anticipates Recovery in Display Business in 2H23
by Omid Rahmat
Revenue was $57 million which is a 45.2% decrease, YoY, primarily due to a 28nm wafer supply shortage that impacted the second half of 2022 and weak consumer demand
Tags:Magnachip| Manufacturing| OLEDs
