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Stock impact report

Magnachip Boosts Its Extensive Automotive Product Lineup With the Release of a New 40V MXT MV MOSFET [Yahoo! Finance]

Magnachip Semiconductor Corporation (MX) 
Last magnachip semiconductor corporation earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The newly launched 40V MXT MV MOSFET is well-suited for motor control systems of vehicles SEOUL, South Korea, April 30, 2024 BUSINESS WIRE )--Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today the release of its new 40V MXT MV MOSFET . With this latest addition, the Company now offers 13 MOSFET and IGBT products for a wide range of automotive applications (see the tables below). 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. Magnachip entered the automotive sector in April 2022 with its first 40V MOSFET and has since broadened its product offerings by releasing 30V, -40V (P-channel MOSFET ), 60V, and 250V MOSFETs for vehicles. In September 2023, the Company introduced 650V a Show less Read more
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