MagnaChip Semiconductor

Magnachip Semiconductor introduced 8th-generation 40V and 60V medium-voltage MOSFETs aimed at server and high-performance PC power supply units. The devices target the synchronous rectification stage and are designed to improve power efficiency and density for server and data center applications. The new products expand Magnachip's solution offerings and strengthen its competitiveness in the growing server and HPC power-supply market. » Mere på finance.yahoo.com

Magnachip has appointed Cristiano Amoruso as an independent director effective January 14, 2026. Amoruso is co‑founder and CIO of Byreforge, sits on the board of Navitas Semiconductor and was previously CEO of Suniva as well as holding senior investment roles. The micro‑cap semiconductor company is valued at about USD 109 million and has seen its share price fall by almost 30% over the past six months. Analysts expect revenue to decline by 21% for the current fiscal year and no profitability; the chairman says Amoruso’s experience will help the company return to a growth path after its shift to power products. » Mere på de.investing.com

Ilbok Lee is resigning from the supervisory board of Magnachip effective January 14, 2026, ending his more than 14 years of service that began in August 2011. Lee served, among other roles, as chair of the nominating and corporate governance committee and as a member of the audit, risk and strategy committee. The company cites personal reasons for the resignation and stresses that it is not related to any disagreement over business operations or policies. The announcement comes against the backdrop of financial challenges at Magnachip, according to data from InvestingPro. » Mere på de.investing.com

Magnachip and Hyundai Mobis have expanded their collaboration to develop high-performance IGBTs for traction inverters in electric vehicles. Hyundai Mobis will handle structural design while Magnachip provides semiconductor process technology; Hyundai Mobis plans serial production of the inverter components from 2026. Magnachip intends to use the jointly developed technology to launch a new series of industrial IGBTs and applications for industry, AI and renewable energy in the first half of next year. At the same time, Magnachip announced a leadership change (Camillo Martino as interim CEO) and is cutting capital expenditures by more than 50%. » Mere på de.investing.com