SEOUL, South Korea, December 18, 2023 - Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced today that the Company has begun full-scale mass production of its new 30V MXT LV Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs) used in Electronic Control Units (ECUs) of Electric Power Steering (EPS) systems. This MOSFET product is being used by a global automaker.…
Developed with highly rugged trench MOSFET technology, the new 30V MXT LV MOSFET ensures a stable power supply for electric power steeringSEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ Magnachip.
B. Riley Asset Management LLC lessened its stake in Magnachip Semiconductor Co. (NYSE:MX – Free Report) by 0.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 629,894 shares of the semiconductor company’s stock after selling 4,712 shares during the quarter. Magnachip Semiconductor makes up about 2.6% […]
Stocks jumped on December 6 after the release of yet another welcome data point for the Federal Reserve, showing the central bank’s consistent rate hikes in 2023 might finally be working.
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