MagnaChip(MX) - 2023 Q4 - Annual Results

Exhibit 99.1 Magnachip Reports Results for Fourth Quarter and Full-Year 2023 Announces successful design-wins with Smartphone Chinese OEMs Financial Highlights Operational Highlights SEOUL, South Korea, February 28, 2024 – Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the fourth quarter and full-year 2023. YJ Kim, Magnachip's Chief Executive Officer commented, "As we reflect on the past year and look ahead, we're shaping our future with t ...