Magnachip Boosts Its Extensive Automotive Product Lineup With the Release of a New 40V MXT MV MOSFET [Yahoo! Finance]
Magnachip Semiconductor Corporation (MX)
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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
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News
- Magnachip Celebrates the Grand Opening of Magnachip Technology Company in China [Yahoo! Finance]Yahoo! Finance
- Magnachip Celebrates the Grand Opening of Magnachip Technology Company in ChinaBusiness Wire
- Magnachip: Buy The Stock For Cash On The Balance Sheet, Get The Chip Business For $1 Per Share [Seeking Alpha]Seeking Alpha
- Magnachip Semiconductor Co. (NYSE: MX) had its price target lowered by analysts at Roth Mkm from $10.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- Magnachip Semiconductor Corporation (NYSE:MX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
MX
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- 5/2/24 - Beat
MX
Sec Filings
- 5/13/24 - Form 3
- 5/10/24 - Form 10-Q
- 5/2/24 - Form 8-K
- MX's page on the SEC website