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Stock impact report

Magnachip Boosts Its Extensive Automotive Product Lineup With the Release of a New 40V MXT MV MOSFET

Magnachip Semiconductor Corporation (MX) 
Last magnachip semiconductor corporation earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Magnachip’s automotive MOSFET and IGBT product families have garnered design wins from a number of major global automakersThe newly launched 40V MXT MV MOSFET is well-suited for motor control systems of vehicles  SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced today the release of its new 40V MXT MV MOSFET1. With this latest addition, the Company now offers 13 MOSFET and IGBT products for a wide range of automotive applications (see the tables below).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430483920/en/(Graphic: Business Wire)As the automotive industry adopts advanced technologies such as autonomous driving and enhanced infotainment systems, the demand for high-efficiency power solutions increases. According to Omdia, a global market research firm, the automotive power discrete market is projected to grow 14% annually from 2024 to 2027.Mag Show less Read more
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