Brief: Magnachip Announces Plan To Shut Down Display Business By End Of Q2 2025
08/04/2025 12:06
April 8 (Reuters) - MagnaChip Semiconductor Corp MX.N: MAGNACHIP ANNOUNCES PLAN TO SHUT DOWN DISPLAY BUSINESS BY END OF Q2 2025 MAGNACHIP SEMICONDUCTOR CORP - TO LIQUIDATE MAGNACHIP MIXED-SIGNAL LTD MAGNACHIP SEMICONDUCTOR CORP - EXPECTS 30%-35% REDUCTION IN ANNUALIZED OPERATING EXPENDITURES AS COMPARED WITH 2024 MAGNACHIP SEMICONDUCTOR CORP - TO RETAIN POWER IC BUSINESS Source text: ID:nBw2mCcDda Further company coverage: MX.N (((( Reuters.briefs@thomsonreuters.com ;));))
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