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Magnachip Launches Two New Gen6 650V IGBTs to Expand Its Solar Energy Power Product Lineup

1. Magnachip launched new 6th-gen IGBTs for solar inverters. 2. New IGBTs pass rigorous performance tests, enhancing reliability.

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FAQ

Why Bullish?

The introduction of advanced IGBTs can drive revenue growth, as demand for renewable energy solutions increases, similar to previous product launches that positively impacted market perception.

How important is it?

The new product line positions Magnachip favorably within the growing solar technology market, indicating potential for increased market share and positive investor sentiment.

Why Long Term?

As the renewable energy sector grows, sustained demand for efficient components like IGBTs will contribute to long-term revenue stability for Magnachip.

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SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced the launch of two new 6th-generation (Gen6) 650V Insulated Gate Bipolar Transistors (IGBTs), specifically designed for solar inverters. The newly introduced Gen6 IGBTs, incorporating polyimide insulation layers, demonstrate outstanding performance by passing high-voltage, high-humidity and high-temperature reverse bias (HV-H3TRB) tests. These products offer dependable reliabi.

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