MagnaChip Semiconductor
MagnaChip Semiconductor (NYSE: MX) is a Seoul-headquartered pure-play power semiconductor company designing MOSFETs, IGBTs, power ICs, and SiC devices for AI servers, automotive/EV, industrial/energy, and consumer electronics OEMs globally.
- Company typePublic
- Founded2003
- HeadquartersSeoul, South Korea
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What MagnaChip Semiconductor does
MagnaChip Semiconductor Corporation (NYSE: MX) is a Seoul, South Korea-headquartered designer and manufacturer of power semiconductors, with its US parent incorporated in Delaware. Following the shutdown of its display business by Q2 2025 and the prior 2020 divestiture of its foundry services group and Fab 4, the company operates as a pure-play power semiconductor provider. Its portfolio spans low-voltage MXT MOSFETs (12V–200V) using its proprietary eXtreme Trench architecture, super-junction MOSFETs (250V–900V), high-voltage MOSFETs, discrete IGBTs in 650V and 1200V ratings, power management ICs (LED drivers, OLED PMICs, level shifters, AC-DC and DC-DC converters), and emerging silicon carbide (SiC) devices. Underlying technology includes the MXT MOSFET platform, the Super-Short Channel FET (SSCFET) architecture, and Advanced Field Stop Trench IGBT technology, protected by approximately 1,050 registered patents and pending applications. All wafer fabrication is performed in-house at the company's Gumi, South Korea facility.
The company serves enterprise OEM customers across four primary end markets: computing and AI servers (power supplies, data center synchronous rectification), automotive and EV (traction inverters, ADAS, infotainment, body electronics — including a strategic IGBT partnership with Hyundai Mobis targeting 2026 mass production), industrial and energy (solar inverters, energy storage, motor drives), and consumer electronics (smartphone battery protection via its BatteryFET sub-brand). Revenue is generated through direct B2B hardware sales via a hybrid channel of direct field sales (offices in Korea, China, Taiwan, USA, Japan, and Germany) and authorized distributors including Arrow Electronics, WT Microelectronics, G5 Corporation, and SAMT, with quote-based, non-public pricing tied to design-in engagements.
The company is executing a publicly stated "three-three-three" strategy targeting $300 million in run-rate revenue and 30% gross margin within three years, against a Q1 2026 revenue base of $46.2 million (up 3.3% YoY, 13.9% sequentially from Q4 2025's $40.6 million), with Q2 2026 guidance of $44.5 million to $48.5 million. Recent execution includes the August 2025 CEO transition (Camillo Martino appointed Interim CEO following YJ Kim's departure), January 2026 board appointment of Cristiano Amoruso, and a 2025-2026 product launch cadence covering AI server MOSFETs, smartphone battery protection MOSFETs, and high-efficiency solar/energy storage IGBTs.
MagnaChip Semiconductor firmographics
Firmographics- Name
- MagnaChip Semiconductor
- Legal name
- MagnaChip Semiconductor Corporation
- Website
- http://www.magnachip.com
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- MagnaChip Semiconductor (NYSE: MX) is a Seoul-headquartered pure-play power semiconductor company designing MOSFETs, IGBTs, power ICs, and SiC devices for AI servers, automotive/EV, industrial/energy, and consumer electronics OEMs globally.
- Ownership category
- akta.pro rank
MagnaChip Semiconductor industry classification
Industry- Product category
- Power Semiconductors
- NAICS
- Semiconductor and Related Device Manufacturing (334413), Semiconductor and Other Electronic Component Manufacturing (3344), Semiconductor and Other Electronic Component Manufacturing (33441)
- SIC
- Semiconductors & Related Devices (3674), Electronic Components & Accessories (3670)
- akta.pro primary industry
- Analog & Mixed-Signal ICs (HDAHAAAD)
- akta.pro secondary industries
- Power Modules (IGBT/MOSFET/SiC/GaN Modules) (HDAHAHAH), Motor Control & Driver ICs (Gate Drivers/BLDC Drivers) (HDAHAIAH), Interface ICs (USB/HDMI/SerDes/Level Shifters) (HDAHAIAD)
Keywords
Where MagnaChip Semiconductor is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices13 records
Markets served
MagnaChip Semiconductor business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Standard Products (Discretes & Power ICs): Sale of proprietary power semiconductor devices including MOSFETs, IGBTs, and Power ICs. This is the primary and growing revenue driver. Products are sold directly and through distribution to computing, automotive, industrial, and consumer electronics OEMs.
- Foundry Services: wafer fabrication services for external customers. This is a transitional, wind-down segment as the company focuses on its standard products business.
- Mixed-Signal Solutions: Custom and standard mixed-signal semiconductor solutions for specialized applications.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
MagnaChip Semiconductor product offering
Product offeringCore offering
MagnaChip Semiconductor designs, manufactures, and supplies analog and mixed-signal semiconductor products, with a core focus on power semiconductors — including MOSFETs, IGBTs, and power management ICs — as well as display driver ICs for LED BLU and OLED panels. Its products are embedded in computing, consumer electronics, communications, automotive, and industrial applications.
Product overview
MagnaChip Semiconductor is a pure-play power semiconductor company offering a comprehensive portfolio of power management solutions. The product portfolio centers on MXT MOSFETs (low and medium voltage for mobile and computing), SJ MOSFETs (super junction for high-voltage applications including AI servers and EV charging), HV MOSFETs, Discrete IGBTs, and Power ICs (including LED drivers, OLED PMICs, and power conversion ICs). The company also provides SiC (Silicon Carbide) solutions and dedicated Automotive Solutions. All products are designed and manufactured at the company's facilities in South Korea, with global sales offices serving customers in Korea, China, Taiwan, USA, Japan, and Europe.
Differentiator
Problem solved
Functional benefit
Brands
- MXT MOSFETs: Power MOSFET product line featuring eXtreme Trench technology, available in various voltage ranges from 12V to 200V
- SJ MOSFETs
- HV MOSFETs
- Discrete IGBTs
- BatteryFET
- Power ICs
Products and services
- MXT MOSFETs MagnaChip's proprietary MXT MOSFET line, including BatteryFET variants, designed for high-current battery protection in computing and AI-server power-delivery applications.
- Super Junction (SJ) MOSFETs High-voltage Super Junction MOSFETs targeting high-efficiency AC-DC and DC-DC power conversion in server, telecom, and industrial applications.
- HV MOSFETs High-voltage discrete MOSFETs used in power conversion across communications, computing, consumer, and industrial end markets.
- Discrete IGBTs Discrete Insulated-Gate Bipolar Transistors (IGBTs) designed for high-current, high-voltage switching in automotive powertrain and industrial motor-drive applications.
- IGBT Chips for Standard Module Bare-die IGBT chips supplied for integration into standard IGBT power modules for automotive and industrial inverter applications.
- LED BLU Drivers Display driver ICs for LED backlight units in televisions, monitors, notebooks, and other LCD-display applications.
- OLED PMICs Power management ICs (PMICs) for OLED display panels used in smartphones, addressing both leading global and Chinese smartphone OEMs.
- Level Shifters Voltage-level translator ICs enabling interface between low-voltage processors and high-voltage panels or peripherals in display and embedded systems.
- AC-DC Converters AC-to-DC power conversion ICs used in adapters, chargers, and industrial power-supply applications.
- DC-DC Converters DC-to-DC power conversion ICs for point-of-load regulation, intermediate bus conversion, and other high-efficiency power-management functions.
- Automotive Solutions Automotive-grade semiconductor portfolio combining discrete IGBTs, SJ MOSFETs, and PMICs for EV powertrain, body electronics, and ADAS power systems, supplied to Tier-1 automotive suppliers.
- Silicon Carbide (SiC) Products Silicon-carbide (SiC) power semiconductor products targeting high-efficiency, high-temperature automotive and industrial power-conversion applications.
Quantifiable outcome
- Q1 2026 revenue of $46.2 million, up from $40.6 million in Q4 2025, indicating sequential growth momentum.
- +1 more outcomes
Companies that use MagnaChip Semiconductor
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
MagnaChip Semiconductor technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
MagnaChip Semiconductor partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Hyundai MobiscoreStrategic partnership for IGBT technology targeting automotive power applications. MagnaChip develops and supplies advanced Field Stop Trench IGBTs to Hyundai Mobis for integration into automotive power modules. This is a core strategic partnership aligned with MagnaChip's automotive electrification growth strategy.
- Elmos SemiconductorcoreElmos Semiconductor, a German automotive semiconductor company, partnered with MagnaChip for the supply of automotive semiconductors. The partnership involves technology collaboration and semiconductor supply for automotive applications.
- BournscoreBourns, a US-based manufacturer of electronic components including circuit protection devices, is both a customer and channel partner for MagnaChip. Bourns purchases high-speed circuit protection semiconductors from MagnaChip and distributes/incorporates them into its own product lines.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
MagnaChip Semiconductor competitors and assessment
Company assessmentDirect peers
- Diodes Incorporated:
- Vishay Intertechnology: Manufacturer of discrete semiconductors (MOSFETs, diodes, rectifiers, optoelectronics) and passive components serving automotive, industrial, and computing markets; closely comparable as a power-discrete specialist with similar end-market exposure.
Broad incumbents
- ON Semiconductor (onsemi): Large analog/mixed-signal and power semiconductor company with significant MOSFET, IGBT, and SiC portfolios serving automotive, industrial, and computing — directly overlaps MagnaChip's standard products business across multiple end markets.
- Infineon Technologies: Global power semiconductor leader with industry-leading MOSFET, IGBT, and SiC franchises; competes head-to-head with MagnaChip in EV traction inverters, industrial drives, and server power applications.
- STMicroelectronics: Major European analog and power semiconductor supplier with broad MOSFET, IGBT, and SiC product lines targeting automotive, industrial, and consumer — overlapping MagnaChip's customer base and product categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MagnaChip Semiconductor social profiles
Digital presenceMagnaChip Semiconductor financial estimates
Financial estimateRevenue estimate
Valuation estimate
MagnaChip Semiconductor leadership team
Management profileNumber of profiles
Profiles3 records
MagnaChip Semiconductor subsidiaries and ownership
Company hierarchySubsidiaries1 record
MagnaChip Semiconductor funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MagnaChip Semiconductor M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MagnaChip Semiconductor
What does MagnaChip Semiconductor do?
MagnaChip Semiconductor designs, manufactures, and supplies analog and mixed-signal semiconductor products, with a core focus on power semiconductors — including MOSFETs, IGBTs, and power management ICs — as well as display driver ICs for LED BLU and OLED panels. Its products are embedded in computing, consumer electronics, communications, automotive, and industrial applications.
Is MagnaChip Semiconductor a public or private company?
MagnaChip Semiconductor is a public company. It is classified as public and is currently operating.
When was MagnaChip Semiconductor founded?
MagnaChip Semiconductor was founded in 2003. It employs 5,001 to 10,000 people.
Where is MagnaChip Semiconductor based?
MagnaChip Semiconductor is headquartered in Seoul, South Korea, in the Asia region.
How does MagnaChip Semiconductor make money?
Three revenue lines are on record. Standard Products (Discretes & Power ICs) is the primary driver. The others are foundry Services and mixed-Signal Solutions.
Who are MagnaChip Semiconductor's main competitors?
Direct peers on record are Diodes Incorporated and Vishay Intertechnology. Broad incumbents are ON Semiconductor (onsemi), Infineon Technologies and STMicroelectronics.
Does MagnaChip Semiconductor have an API?
No public API is recorded for MagnaChip Semiconductor.
What industry is MagnaChip Semiconductor in?
MagnaChip Semiconductor's product category is Power Semiconductors. Its primary akta.pro industry code is HDAHAAAD, Analog & Mixed-Signal ICs, with a secondary code of HDAHAHAH, Power Modules (IGBT/MOSFET/SiC/GaN Modules). Its NAICS code is 334413 and its SIC code is 3674.