Magnachip Semiconductor reported a net loss of $4.8 million for the second quarter ended June 30, 2026, compared to a net income of $323,000 in the prior-year period. Consolidated revenue from continuing operations was $44.7 million, within guidance, while gross profit margin improved to 19.3%. The company announced the appointment of Chae Lee as Chief Executive Officer and launched new 6th-Generation 600V SJ MOSFETs for AI servers and EV charging applications. Additionally, Magnachip formed a strategic partnership with Navitas Semiconductor to license SiC technology. For the third quarter of 2026, revenue guidance is $41.5 million to $45.5 million, reflecting expected sequential declines due to packaging constraints and unfavorable product mix. Magnachip designs and manufactures analog and mixed-signal power semiconductor solutions for industrial, automotive, consumer, and computing applications.
