• The boom in MagnaChip’s OLED display drivers is continuing at an impressive pace, and the company’s strategic choice to move out of low-margin LCD drivers looks right.
• Despite some headwinds, the company’s financials are improving.
• We think the OLED boom will continue for some time, although perhaps not quite as exuberant as in the past quarter.
• The shares aren’t expensive, and we see considerable upside.

Source: MagnaChip’s OLED Bonanza Is Set To Continue – MagnaChip Semiconductor Corporation (NYSE:MX) | Seeking Alpha