At Magnachip, we believe that long-term, trusting business relationships are built by being honest, open and fair. We pride ourselves on having high ethical standards at all levels. We expect all directors, officers, employees, agents and contractors to act with honesty and integrity, endeavoring to deal fairly with our customers, suppliers, vendors, competitors and other stakeholders. Magnachip has an ethics and compliance program designed to deter wrongdoing and to promote honest and ethical conduct, which allows for parties internal and external to the Company to raise concerns relating to ethics and compliance.

Code of Business Conduct and Ethics

Our Code of Business Conduct and Ethics (“Code of Ethics”) applies to all of our directors, officers and employees. Please click on the link below to download Magnachip’s Code of Ethics.

Code of Business Conduct and Ethics



Reportable Activities

It is the responsibility of all employees of Magnachip to refrain from engaging in any act that is unethical or illegal or that conflicts with the Company’s interests. Anyone may report a violation of any law or the Code of Ethics, as well as any other wrongdoing, committed by any Magnachip employee. Reportable matters include:

  • unethical or illegal behavior or activity;
  • violation of the Code of Ethics;
  • violation of any other policy or internal regulations of Magnachip;
  • any act that conflicts with the Company’s interest; and
  • any conduct that gives the appearance of the above.

Non-Retaliation Policy

Whistleblowers are protected by applicable laws, and we have a non-retaliation policy implemented to encourage and protect good faith reporters. This means that any reprisal, threat, retribution or retaliation against any person who has in good faith reported a violation or a suspected violation of law, our Code of Ethics or any other Company policy, or against any person who is assisting in any investigation, is prohibited.

How to Raise Concerns

Concerns can be raised anonymously by writing to the compliance team at Magnachip Semiconductor, Ltd., 15F, 76 Jikji-daero 436beon-gil, Heungdeok-gu, Cheongju-si, Chungcheongbuk-do, Republic of Korea 28581.

Although whistleblowers have the right to report anonymously, it would be impossible for us to follow up with an anonymous whistleblower to obtain additional information that may be important to the investigation or to provide updates on the investigation.

Online Reporting

You can also report concerns online using “Reporting a Concern” below. Your identity will be strictly protected.

Should you have any questions, please contact the compliance team at: