Posts  / #POST-252637
REDDIT

The Rise, Fall and Reinvention of Magnachip ($MX)

The company survived bankruptcy, an accounting scandal, rebuilt itself around OLED display chips, and in 2021 agreed to be acquired for $29 per share in a deal worth around $1.4 billion.
Then the deal was blocked.
After that, Magnachip’s OLED business deteriorated, revenue collapsed, and eventually the entire Display business was shut down.
Now the company is trying again.....

[https://www.youtube.com/watch?v=zTODGx1zIo8](https://www.youtube.com/watch?v=zTODGx1zIo8)

Post image