MagnaChip published its annual report on Form 10-K for FY 2025, reporting total revenues of USD 178.9 million, down 8.9%. Net sales from the Power Solutions business were USD 178.9 million, down 3.7%, driven mainly by competitive pricing pressure on older-generation products in China, partly offset by higher demand for low-voltage MOSFETs in communication applications. Gross profit was USD 31.4 million, down 18.9%, with gross margin at 17.6% versus 19.7% a year earlier. Operating loss was USD 35.9 million and net loss was USD 29.7 million; loss from continuing operations was USD 14.2 million. The company said its board approved a plan to shut down the Display business by the end of Q2 2025, and it ended FY 2025 with cash and cash equivalents of USD 103.8 million, down 25.2%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MagnaChip Semiconductor Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-108435), on March 16, 2026, and is solely responsible for the information contained therein.