Magnachip Semiconductor (NYSE: MX) Q1 2022 Earnings Materials May 3, 2022 1 Forward-Looking Statements 2 Information in this presentation regarding Magnachip's forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. All forward-looking statements included or incorporated by reference in this presentation, including expectations about estimated historical or future ope ...

Magnachip Semiconductor Corporation (NYSE:MX) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants So-Yeon Jeong - Head of Investor Relations YJ Kim - Chief Executive Officer Shinyoung Park - Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Raji Gill - Needham & Company Martin Yang - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Q1 2022 MagnaChip Semiconductor Corporation's Earnings Conference Call. At this time, all part ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or Table of Contents ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34791 Magnachip Semiconductor Corporation (Exact name of registrant as specified in its charter) Delaware 83-040619 ...

Magnachip Semiconductor (NYSE: MX) Q4 2021 Earnings Materials February 16, 2022 1 Forward-Looking Statements Information in this presentation regarding Magnachip's forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. All forward-looking statements included or incorporated by reference in this presentation, including expectations about estimated historical or future ...

Magnachip Semiconductor Corporation (NYSE:MX) Q4 2021 Results Conference Call February 16, 2022 5:00 PM ET Company Participants So-Yeon Jeong - Head, Investor Relations YJ Kim - Chief Executive Officer Shinyoung Park - Chief Financial Officer Conference Call Participants Raji Gill - Needham & Company Suji Desilva - Roth Capital Andrew Northcut - Oppenheim & Co Operator Thank you for standing by, and welcome to the Q4 2021 Magnachip Semiconductor Corporation Earnings Conference Call. At this time all partici ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-34791 Magnachip Semiconductor Corporation (Exact name of registrant as specified in its charter) Delaware 83-04061 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-34791 Magnachip Semiconductor Corporation (Exact name of registrant as specified in its charter) Delaware 83-0406195 (S ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-34791 Magnachip Semiconductor Corporation (Exact name of registrant as specified in its charter) Delaware 83-0406195 ( ...

Magnachip Semiconductor (NYSE: MX) MX 3.0: Accelerating Profitable Growth March 2021 1 Forward-Looking Statements Information in this presentation regarding Magnachip's forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. All forward-looking statements included or incorporated by reference in this presentation, including expectations about estimated historical or f ...

Financial Performance - For the year ended December 31, 2020, total revenues were $507.1 million, with a net income of $345.0 million and Adjusted EBITDA of $52.9 million[23]. - Total revenues for 2020 were $507.059 million, a decrease of 2.4% from $520.671 million in 2019[380]. - Gross profit increased to $128.317 million in 2020, up from $116.397 million in 2019, reflecting a gross margin improvement[380]. - Net income for 2020 was $344.965 million, a significant recovery from a net loss of $21.826 million in 2019[382]. - Basic earnings per share for continuing operations was $1.62 in 2020, compared to a loss of $0.59 in 2019[380]. - Cash and cash equivalents increased to $279.940 million in 2020, up from $151.657 million in 2019[378]. - Total current assets rose to $409.610 million in 2020, compared to $379.365 million in 2019[378]. - Total liabilities decreased significantly to $226.090 million in 2020 from $610.309 million in 2019[378]. - Stockholders' equity improved to $345.600 million in 2020, compared to a deficit of $14.981 million in 2019[378]. - The company reported a total comprehensive income of $351.328 million for 2020, compared to a loss of $4.376 million in 2019[382]. - Cash flows from operating activities provided $7,470 in 2020, a decrease from $50,497 in 2019[386]. Revenue Sources - Display Solutions products accounted for 59.0%, 59.3%, and 55.0% of total revenues for the fiscal years ended December 31, 2020, 2019, and 2018, respectively[27]. - Power Solutions products represented 32.8%, 33.9%, and 36.4% of total revenues for the fiscal years ended December 31, 2020, 2019, and 2018, respectively[28]. - For the year ended December 31, 2020, the company recorded revenues of $5.1 million from customers in the US and $460.4 million from all foreign countries, with 61.9% from Greater China, 23.1% from Korea, and 10.8% from Vietnam[58]. - The company's ten largest customers accounted for 87.6% of net sales from its standard products business in 2020, with Samsung Display representing 56.2% of net sales[58]. Research and Development - The workforce consisted of 880 employees as of December 31, 2020, with 222 in research and development, including 90 with advanced degrees[63]. - Research and development expenses were $45.698 million in 2020, slightly up from $45.024 million in 2019[380]. - The company emphasizes innovation in analog and mixed-signal semiconductor technology to enhance product functionality and energy efficiency[37]. - The company is focused on developing new technologies and products, particularly in the OLED display market[80]. Market Strategy - The company aims to broaden its customer base, particularly in Greater China and other high-growth geographies, while introducing new products to address a wider market[35]. - The company aims to expand into industrial and automotive end markets while leveraging existing relationships with leading consumer electronics OEMs[56]. - The company has a network of agents and distributors in Korea, Japan, Greater China, Taiwan, and Europe, enhancing its sales strategy[57]. Intellectual Property - The company has a portfolio of approximately 1,200 registered patents and pending applications, enhancing its competitive position in the semiconductor industry[19]. - As of December 31, 2020, the company had approximately 1,044 registered patents and 158 pending patent applications, with 548 patents being novel[59]. - The company is building a distinctive intellectual property portfolio to enhance power efficiency features in its products[48]. Environmental and Social Responsibility - The company is subject to various environmental regulations, including the Korean Emissions Trading Scheme, which requires compliance with greenhouse gas emissions targets[73]. - The company has implemented infrastructure to support remote working during the COVID-19 pandemic, ensuring employee safety[72]. - The company emphasizes inclusion and diversity within the workplace, aiming to create a supportive environment for all employees[65]. Financial Risks and Controls - The company is exposed to market risks associated with currency movements on its assets and liabilities due to foreign currency exchange rate fluctuations[353]. - The company maintained effective internal control over financial reporting as of December 31, 2020, according to the independent auditor's opinion[361]. - The company has net deferred tax assets of $44.5 million, with a valuation allowance of $115.6 million as of December 31, 2020[371]. Discontinued Operations - The Company recorded a gain of $287,117 thousand from the sale of the Foundry Services Group business and Fab 4, classifying all operations from this segment as discontinued[466]. - Total revenues from discontinued operations for the year ended December 31, 2020, were $228,845 thousand, a decrease from $271,524 thousand in 2019[468]. - Gross profit from discontinued operations for 2020 was $71,860 thousand, compared to $64,214 thousand in 2019[468]. - Operating income from discontinued operations for 2020 was $21,706 thousand, significantly higher than $698 thousand in 2019[468]. - The Company incurred $15,873 thousand in professional fees and transaction-related expenses associated with the sale of the Foundry Services Group business and Fab 4[470].