MagnaChip Semiconductor Corp (NYSE:MX)
$ 5.03 0.01 (0.2%) Market Cap: 192.49 Mil Enterprise Value: 54.89 Mil PE Ratio: 0 PB Ratio: 0.60 GF Score: 61/100

MagnaChip Semiconductor Corp Announces Definitive Agreement To Sell Foundry Business and Fab 4 Transcript

Mar 31, 2020 / 01:00PM GMT
Release Date Price: $11.05 (+17.80%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the MagnaChip Semiconductor conference call. (Operator Instructions) Please be advised that today's conference call is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Mr. Bruce Entin, Head of Investor Relations. Please go ahead, sir.

Bruce Entin
MagnaChip Semiconductor Corporation - Head of IR

Thank you. And good morning, and thank you for joining us today. As you know, MagnaChip issued a press release last night and filed an 8-K this morning to announce it has signed a definitive agreement to sell its Foundry business and Fab 4 to a special purpose company in South Korea. The press release and other press releases as well as the 8-K can be found on the company's Investor Relations website.

A telephone replay of today's call will be available shortly after the completion of the call and will be archived on our website for 1 year. Access information is provided in the press release.

During the course of this

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