- The company is concentrating on its display driver and power business, divesting from its foundry business. Demand for its OLED drivers is booming.
- This greatly improves the balance sheet, eliminates interest payments, and reduces CapEx needs.
- The company’s positive cash generation, underappreciated by investors, we feel, is likely to increase as a result. The shares are fairly cheap.
MagnaChip Transforms Into Something Better
September 7th, 2020 · No Comments