FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Park Shin Young
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/28/2020 

3. Issuer Name and Ticker or Trading Symbol

MAGNACHIP SEMICONDUCTOR Corp [MX]
(Last)        (First)        (Middle)

60 SOUTH MARKET STREET,, SUITE 750
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
See Remarks /
(Street)

SAN JOSE, CA 95113      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 11874 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)  (1)8/11/2025 Common Stock 1000 $8.45 D  
Stock Option (Right to Buy)  (2)3/11/2026 Common Stock 1500 $5.53 D  

Explanation of Responses:
(1) The stock option was originally granted to purchase 2,000 shares of common stock. The stock option vested and became exercisable: as to 667shares on 8/11/2016; as to an additional 667shares on 8/11/2017; and as to an additional 666 shares on 8/11/2018. On 5/25/2018, 1,000 shares were exercised and sold. The option to purchase the remaining 1,000 shares is outstanding and fully exercisable.
(2) The stock option is fully vested and became exercisable: as to 500 shares on 3/11/2017; as to an additional 500 shares on 3/11/2018; and as to an additional 500 shares on 3/11/2019.

Remarks:
Exhibit 24 - Power of Attorney

Chief Accounting Officer and Principal Accounting Officer

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Park Shin Young
60 SOUTH MARKET STREET,
SUITE 750
SAN JOSE, CA 95113


See Remarks

Signatures
/s/ Theodore Kim, Attorney-in-Fact3/5/2020
**Signature of Reporting PersonDate

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