MX•MagnaChip forecast fourth-quarter 2026 revenue of $41 million to $45 million and gross margin of 10% to 12%. The margin outlook compares with 14% in the third quarter and reflects lower utilization during a planned Gumi fab shutdown and Korean won appreciation.
MagnaChip forecast fourth-quarter 2026 revenue of $41 million to $45 million, citing typical seasonal softness. The midpoint implies a 2.2% sequential decline and 6% year-over-year growth. Gross margin is expected at 10% to 12%, down from 14% in the third quarter, as a planned Gumi fab shutdown for a substation upgrade lowers utilization and the Korean won appreciates. The company expects gross margin to bottom out in the quarter, with normalized fab operations gradually easing manufacturing cost pressures.
