MagnaChip Semiconductor posts transcript of Q2 2026 investor conference call
Reuters2026/07/29 21:35- MagnaChip held its Q2 2026 investor conference call with Chairman Camillo Martino, CEO Chae Lee, CFO Shinyoung Park, and IR head Mike Bishop.
- Management highlighted a strategic partnership with Navitas to license GeneSiC Gen 4 and Gen 5 silicon carbide technologies for 1,200V to 3,300V+ devices.
- Magnachip plans to port, qualify, then manufacture the SiC products at its Korea fab, targeting faster entry into high-voltage SiC markets.
- Q2 revenue from continuing operations was USD 44.7 million; gross margin was 19.3%; adjusted operating loss was USD 7 million; adjusted EBITDA was negative USD 4.2 million.
- Q3 guidance: revenue USD 41.5 million to USD 45.5 million; gross margin 17% to 19%, citing packaging constraints, lower customer volumes, legacy pricing pressure.
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