QUOTE AND NEWS
StreetInsider.com  Apr 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Magnachip+Semiconductor+%28MX%29+Announces+Notice+of+Noncompliance+with+NYSE+Listing+/9354533.html for the full story.
TheStreet.com  Mar 28  Comment 
NEW YORK (TheStreet) -- Magnachip Semiconductor  is tumbling in extended trading on the announcement its chief financial officer Margaret Sakai had resigned and that its accounting review would be delayed. After the bell, shares are down 7% to...
StreetInsider.com  Mar 28  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/MagnaChip+Semiconductor+%28MX%29+CFO+Resigns/9327835.html for the full story.
DailyFinance  Mar 20  Comment 
NEW YORK, NY -- (Marketwired) -- 03/20/14 -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased MagnaChip...
DailyFinance  Mar 13  Comment 
Newman Ferrara LLP announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California against MagnaChip Semiconductor Corporation (“MagnaChip”) (NYSE:MX) and...
TheStreet.com  Mar 12  Comment 
NEW YORK (TheStreet) -- MagnaChip Semiconductor  hit a one-year low of $12.50 on Wednesday as numerous law firms started investigations into the company for securities fraud claims. MagnaChip announced Tuesday that the Audit Committee of the...
Benzinga  Mar 12  Comment 
China Mobile (NYSE: CHL) shares reached a new 52-week low of $44.97. China Mobile shares have dropped 15.53% over the past 52 weeks, while the S&P 500 index has gained 20.30% in the same period. MagnaChip Semiconductor (NYSE: MX) shares tumbled...
Benzinga  Mar 12  Comment 
Synta Pharmaceuticals (NASDAQ: SNTA) shares dropped 21.40% to $4.15 in pre-market trading after gaining 4.35% on Tuesday. Stifel Nicolaus downgraded the stock from Hold to Sell. Zogenix (NASDAQ: ZGNX) shares fell 17.40% to $3.75 in the...
StreetInsider.com  Oct 29  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/MagnaChip+Semiconductor+%28MX%29+Tops+Q3+EPS+by+5c/8822275.html for the full story.




 
TOP CONTRIBUTORS

MagnaChip Semiconductor (NYSE:MX) based out of Korea, designs and makes analog and mixed-signal semiconductors. The company's business is divided into 3 segments: Display Solutions, Power Solutions and Semiconductor Manufacturing Services. The Display Solutions makes semiconductors which are used in flat panel and mobile displays. The Power Solutions' integrated and discrete circuits are used to manage the power usage for electrical devices. Finally, Semiconductor Manufacturing Services segment makes analog and mixed signal semiconductors to be used in computing and wireless markets.[1]

MagnaChip manufactures its products out of 3 plants located in Korea. The company believes that this gives a geographic advantage as it is near to other Original Equipment Manufacturer and Original Design Manufacturers. According to Gartner (IT), the production of displays which use semiconductors that MagnaChip products will increase by 8%, 39%, 25%, and 99% respectively in 2010 through 2013.[2]

The company's initial public offering of stock on the NYSE occurred on March 10, 2011. The company offered 9.5M ADSs each for $14. This was below the initial price range of $15-$17. The lead underwriters of the IPO were Barclays (BCS), Deutsche Bank AG (DB), and Goldman.[3]

For the fiscal year 2010, MagnaChip reported a total revenue of $770.4M. The company also reported a net income of $74.1M.[4]

References

  1. MX S-1/A PROSPECTUS SUMMARY "Overview" pg 1
  2. MX S-1/A PROSPECTUS SUMMARY "Overview" pg 2
  3. Renaissance Capital - IPO Home "MagnaChip Semiconductor prices IPO at $14, below the range" 10 March 2011
  4. MX S-1/A PROSPECTUS SUMMARY "Summary Historical and Unaudited Pro Forma Consolidated Financial Data" pg 9
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