Magnachip to Expand Its Industrial IGBT Business Based on Advanced Traction Inverter IGBT Technology Jointly Developed in Strategic Partnership with Hyundai Mobis
Magnachip Semiconductor Corporation (MX)
Last magnachip semiconductor corporation earnings: 2/19 04:05 pm
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Source: Business Wire
- Magnachip to leverage accumulated expertise in automotive IGBT technology via 10-year collaboration with Hyundai Mobis SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced it has concluded an agreement with Hyundai Mobis Company Limited (hereinafter “MOBIS”) regarding the use of high-performance Insulated Gate Bipolar Transistor (IGBT) technology, and plans to expand its business based on this technology. Hyundai Mobis is a global auto parts provider focused on delivering differentiated mobility solutions that combine software and hardware.IGBTs are power semiconductors used in high-power systems that require both high voltage and high current. According to market research firm Omdia, the global IGBT market value exceeded $11 billion in 2024 and is projected to grow from $12.3 billion in 2025 to $16.9 billion by 2028.IGBTs used in traction inverters targeted for hybrid electric vehicles and electric veh
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- Magnachip Finalizes IGBT Technology Agreement with Hyundai Mobis [Yahoo! Finance]Yahoo! Finance
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MX
Earnings
- 11/3/25 - Beat
MX
Sec Filings
- 11/20/25 - Form SCHEDULE
- 11/17/25 - Form 4
- 11/17/25 - Form 4
- MX's page on the SEC website