Marvell Technology is eliminating some roles in China as part of a realignment of its global research and development investments, the company said on Thursday.

The semiconductor chip shortage that is hamstringing the production of products ranging from cars and computers to appliances and toothbrushes will extend into 2022 and potentially beyond that, the CEO of semiconductor company Marvell Technology said.

Marvell Technology customers have broadly been willing to accept price increases in exchange for steady chip supply, the company's chief executive said on Thursday as it reported better-than-expected quarterly sales.

Shares of Marvell Technology Group fell on Wednesday as the designer of 5G networking chips said supplies could remain tight through its fiscal 2022.

Shares of Marvell Technology fell on Wednesday as the designer of 5G networking chips said supplies could remain tight through its fiscal 2022.

Finland's Nokia Oyj said on Monday it had partnered with Broadcom to develop chips for 5G equipment in its third such deal following ones with Intel and Marvell.

"Our acquisition of Avera enables us to offer the complete spectrum of product architectures spanning standard, semi-custom to full ASIC solutions"

Marvell is purchasing Aquantia for $13.25 per share in cash.

Showcases significant benefits of machine learning technology inside SSDs and storage accelerators spanning data center

In another consolidation move in the semiconductor industry, chipmaker Marvell Technology announced it will acquire competitor Cavium for approximately US$6 billion. It's estimated that the combined company will generate about US$3.4 billion in annual revenue.

Marvell Technology Group is in advanced talks to combine with Cavium, according to people familiar with the matter, a deal that would create a chipmaker worth some $14 billion.

Marvell Technology said it plans to eliminate 900 jobs as part of a restructuring designed to narrow the chip maker's focus on more profitable businesses.

Embattled chip vendor Marvell Technology reported a loss on declining sales for its fiscal second quarter in a belatedly filed financial report made Wednesday (July 27).

China's Tsinghua Holdings has disclosed an unspecified investment in Marvell Technology Group, a Silicon Valley chipmaker that recently replaced its leadership team in the wake of an accounting investigation and other problems.

Beleaguered chipmaker Marvell Technology has announced it is appointed tech turnaround expert Richard S. Hill to be the chairman of its board of directors.

Marvell Technology directors fired the husband-and-wife management team that founded and led the chip maker for two decades, responding to a series of reverses including accounting issues that prompted investigations by the company's board and government agencies.

Marvell Technology Group has said it will pay Carnegie Mellon University US$750 million to settle a nearly seven-year-old lawsuit accusing it of infringing two hard disk drive patents held by the Pittsburgh school.

Marvell Technology said two government agencies are investigating its accounting and other issues, adding to pressures facing the chip maker since its board launched an internal probe in September.

Chipmaker Marvell Technology said it would cut about 17% of its global workforce as the company trims its mobile business.

Marvell Technology plunged the sharpest in almost 13 years, after disclosing an internal investigation of its accounting and reporting weakening demand for personal computer parts.

Shares of Marvell Technology were falling 2.7% to $11.59 Thursday after the chipmaker postponed its second quarter earnings release.

Leadcore Technology and Shanghai Pudong Science & Technology Investment are weighing offers for Marvell Technology's wireless chip unit, which Marvell values at about $1 billion.

We note some investor speculation that Marvell Technology Group's mobile and wireless business is for sale, though we have no particular insight and Marvell does not comment.

Marvell's ARMADA Mobile PXA1802 5-mode 4G LTE modem is at the core of Meizu's flagship MX4 Pro Premium smartphone, now available for more than one billion of combined subscribers of China Mobile and China Unicom.

Marvell Technology has forecast lower-than-expected revenue for the current quarter as weak demand for its chips used in third-generation mobile communication offset a rise in sales of its more profitable 4G LTE chips.

Marvell has announced two new 64-bit mobile processors targeting the fast growing global LTE market: a new mobile SoC based on octa-cores for high performance smartphones and tablets and another that uses quad-cores for economy models.

Marvell Technology might be the next big client for Intel's contract manufacturing operations, said Citigroup's chip analyst Glen Yeung.

A federal jury in Pennsylvania on Wednesday ordered Marvell Technology to pay US$1.17 billion in damages after finding it infringed on two patents held by Carnegie Mellon University.

Prior to joining Globalfoundries, Chen held key senior management positions in Marvell where he was responsible for sales, support and customer service for the company's business in China.

Chipmaker Marvell technology said Thursday that its second-quarter net income fell by more than half as revenue declined but research and sales costs rose.

Marvell Technology's fiscal fourth-quarter profit slumped 64% on weakness in the market for the chip maker's hard-drive components.

Marvell Friday launched what it's calling the industry's first PCI Express (PCIe) NAND flash controller, which it describes as a building block that allows solid state drive (SSD) and system manufacturers to scale products up or down in capacity and performance using commodity hardware.

Marvell Technology's CFO said Friday the company is providing chips for some of Research In Motion's (RIM) next-generation BlackBerrys, adding that the handset maker's latest struggles won't hurt Marvell more than previously projected in the near term.

The processor used in the smartphones, the PXA920, was introduced by Marvell a year ago, and Marvell said it's the first single-chip offering for TD-SCDMA.

Taking a look at the RIM tablet's reported specs, the device could be competitive. Little bits and pieces have leaked out: it's purportedly 7 inches, with a touch screen, front- and back-facing cameras for video conferencing, a 1Ghz chip from Marvell, and Wi-Fi access.

Looks like Intel is getting serious about competing with mobile chip vendors, ranging from applications chip makers such as Marvell to intellectual property companies such as ARM.