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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 10/10

vs
industry
vs
history
Cash to Debt No Debt
MRVL's Cash to Debt is ranked higher than
67% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. MRVL: No Debt )
MRVL' s 10-Year Cash to Debt Range
Min: 1.39   Max: No Debt
Current: No Debt

Equity to Asset 0.449
MRVL's Equity to Asset is ranked lower than
67% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.59 vs. MRVL: 0.449 )
MRVL' s 10-Year Equity to Asset Range
Min: -0.57   Max: 0.54
Current: 0.45

-0.57
0.54
Interest Coverage No Debt
MRVL's Interest Coverage is ranked higher than
72% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. MRVL: No Debt )
MRVL' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt

F-Score: 5
Z-Score: 6.04
M-Score: -3.06
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 9.30
MRVL's Operating margin (%) is ranked higher than
79% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.60 vs. MRVL: 9.30 )
MRVL' s 10-Year Operating margin (%) Range
Min: -164.9   Max: 25
Current: 9.3

-164.9
25
Net-margin (%) 9.7
MRVL's Net-margin (%) is ranked higher than
82% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. MRVL: 9.7 )
MRVL' s 10-Year Net-margin (%) Range
Min: -163.4   Max: 25
Current: 9.7

-163.4
25
ROE (%) 6.8
MRVL's ROE (%) is ranked higher than
74% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.00 vs. MRVL: 6.8 )
MRVL' s 10-Year ROE (%) Range
Min: -20.9   Max: 164.6
Current: 6.8

-20.9
164.6
ROA (%) 5.8
MRVL's ROA (%) is ranked higher than
77% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. MRVL: 5.8 )
MRVL' s 10-Year ROA (%) Range
Min: -19.9   Max: 28.1
Current: 5.8

-19.9
28.1
ROC (Joel Greenblatt) (%) 66.10
MRVL's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. MRVL: 66.10 )
MRVL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1034.4   Max: 179.9
Current: 66.1

-1034.4
179.9
Revenue Growth (%) 7
MRVL's Revenue Growth (%) is ranked higher than
82% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. MRVL: 7 )
MRVL' s 10-Year Revenue Growth (%) Range
Min: 2.2   Max: 43.5
Current: 7

2.2
43.5
EBITDA Growth (%) -1.5
MRVL's EBITDA Growth (%) is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.00 vs. MRVL: -1.5 )
MRVL' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 68.2
Current: -1.5

0
68.2
» MRVL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

MRVL Guru Trades in Q2 2012

Steven Cohen 1,497,294 sh (+3420.73%)
David Dreman 552,396 sh (+165.58%)
Jim Simons 4,753,822 sh (+142.27%)
Paul Tudor Jones 496,550 sh (+42.75%)
David Einhorn 25,602,479 sh (+39.35%)
Daniel Loeb Sold Out
David Tepper 2,376,524 sh (-9.66%)
Jeremy Grantham 11,100 sh (-37.29%)
» More
Q3 2012

MRVL Guru Trades in Q3 2012

HOTCHKIS & WILEY 1,665,000 sh (New)
Chuck Royce 20,000 sh (New)
Richard Snow 554,255 sh (New)
Joel Greenblatt 493,972 sh (New)
John Buckingham 336,470 sh (New)
Paul Tudor Jones 1,497,216 sh (+201.52%)
Jeremy Grantham 19,500 sh (+75.68%)
David Tepper 3,863,833 sh (+62.58%)
David Einhorn 32,730,449 sh (+27.84%)
David Dreman 575,227 sh (+4.13%)
Paul Tudor Jones 500,000 sh (unchged)
Signature Select Canadian Fund 210,050 sh (-1.85%)
Jim Simons 4,250,344 sh (-10.59%)
Steven Cohen 243,407 sh (-83.74%)
» More
Q4 2012

MRVL Guru Trades in Q4 2012

Chuck Royce 77,800 sh (+289%)
Richard Snow 1,184,925 sh (+113.79%)
Paul Tudor Jones 3,007,350 sh (+100.86%)
HOTCHKIS & WILEY 2,707,500 sh (+62.61%)
David Einhorn 51,802,443 sh (+58.27%)
Jim Simons 6,659,944 sh (+56.69%)
David Dreman 585,703 sh (+1.82%)
Paul Tudor Jones 900,000 sh (unchged)
Joel Greenblatt Sold Out
David Tepper Sold Out
John Buckingham 286,857 sh (-14.75%)
Steven Cohen 119,679 sh (-50.83%)
» More
Q1 2013

MRVL Guru Trades in Q1 2013

Pioneer Investments 2,112,680 sh (New)
Jeremy Grantham 50,635 sh (New)
Whitney Tilson 40,100 sh (New)
Joel Greenblatt 892,334 sh (New)
Chuck Royce 219,900 sh (+182.65%)
Steven Cohen 246,157 sh (+105.68%)
HOTCHKIS & WILEY 4,066,986 sh (+50.21%)
David Einhorn 51,802,443 sh (unchged)
David Dreman 584,461 sh (-0.21%)
John Buckingham 279,663 sh (-2.51%)
Richard Snow 1,104,800 sh (-6.76%)
Jim Simons 2,859,644 sh (-57.06%)
Paul Tudor Jones 17,900 sh (-99.4%)
» More
» Details

Insider Trades

Latest Guru Trades with MRVL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.48%$7.261 - $10.85 $ 11.4320%892334
Whitney Tilson 2013-03-31 New Buy0.36%$7.261 - $10.85 $ 11.4320%40100
HOTCHKIS & WILEY 2013-03-31 Add 50.21%0.07%$7.261 - $10.85 $ 11.4320%4066986
David Einhorn 2012-12-31 Add 58.27%2.17%$7.14 - $9.37 $ 11.4338%51802443
David Tepper 2012-12-31 Sold Out 0.88%$7.14 - $9.37 $ 11.4338%0
Joel Greenblatt 2012-12-31 Sold Out 0.3%$7.14 - $9.37 $ 11.4338%0
Richard Snow 2012-12-31 Add 113.79%0.26%$7.14 - $9.37 $ 11.4338%1184925
HOTCHKIS & WILEY 2012-12-31 Add 62.61%0.04%$7.14 - $9.37 $ 11.4338%2707500
David Einhorn 2012-09-30 Add 27.84%1.09%$9.18 - $12.26 $ 11.436%32730449
David Tepper 2012-09-30 Add 62.58%0.34%$9.18 - $12.26 $ 11.436%3863833
Joel Greenblatt 2012-09-30 New Buy0.3%$9.18 - $12.26 $ 11.436%493972
Richard Snow 2012-09-30 New Buy0.28%$9.18 - $12.26 $ 11.436%554255
HOTCHKIS & WILEY 2012-09-30 New Buy0.09%$9.18 - $12.26 $ 11.436%1665000
Daniel Loeb 2012-06-30 Sold Out 3.6%$11.06 - $15.77 $ 11.43-16%0
David Einhorn 2012-06-30 Add 39.35%1.27%$11.06 - $15.77 $ 11.43-16%25602479
David Dreman 2012-06-30 Add 165.58%0.09%$11.06 - $15.77 $ 11.43-16%552396
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Marvell Technology Group, Ltd.

David Einhorn Comments on Marvel (MRVL) - May 13, 2013

(MRVL) reversed its 2012 decline as investors began to pay attention to MRVL’s prospects for share gains in controllers for hard disk drives and flash memory drives, as well as its new processor for cell phones and tablets. The company should see significant fixed operating leverage in 2013, as it has been carrying the cost of the investments in these products without any corresponding revenue until now. The company has also continued to buy back stock aggressively, adding to the potential earnings leverage.

From David Einhorn's first quarter 2013 letter.
Check out David Einhorn latest stock trades

David Einhorn Comments on Marvell Technology - Jan 23, 2013

Marvell Technology (MRVL) was our biggest loser in 2012. MRVL shares fell from $13.85to $7.26 during the year. Earnings disappointments earlier in the year were followed by an end-of-year jury verdict of over $1 billion for infringement on certain patents held by Carnegie Mellon University. Having reviewed the proceedings, our view is that this is a case of a novel interpretation of the law by a local judge, combined with a hometown runaway jury. Although the legal system is inherently a crapshoot, we think that there are many reasons to expect the award to be substantially reduced or eliminated, either by the trial judge or on appeal. There are many grounds, but one of the simplest is that most of the damages were awarded based on foreign sales that are generally not protected by U.S. patents. The jury found that since the product was “designed and tested” in the U .S., damages were payable even though the manufacturing and sales happened abroad.

Though we’d love to just admit we are wrong, sell the stock, and move on, we continue to like the opportunity here. MRVL is on the cusp of a large product transition which, to put it mildly, is not in the valuation. A year ago we were feeling pretty discouraged about our Sprint position, but we re-evaluated and determined that while the stock was down for good reason,our overall thesis was intact. It turned out to be a good decision. We have similarly re-evaluated and decided to buy even more MRVL. We expect its shares to sprint higher in 2013.

From David Einhorn's fourth quarter letter.

Check out David Einhorn latest stock trades

David Einhorn on Marvell Technology Group (MRVL) - Jul 24, 2012

Marvell Technology Group (MRVL) was the other significant loser, as its shares fell from $15.73 to $11.28 during the quarter. MRVL gave tepid guidance and Wall Street has modestly reduced its estimates of earnings per share from $1.25 to $1.15 this year and from $1.45 to $1.40 for next year. MRVL has about $4 per share in cash and now trades at roughly 5x next year's earnings net of the cash on the balance sheet. Most of the cash is excess, and the company has commenced what we hope will be an aggressive share repurchase program. We have used the reduced stock price as an opportunity to increase our stake in the company.
Check out David Einhorn latest stock trades

Top Ranked Articles about Marvell Technology Group, Ltd.

David Einhorn Comments on Marvel (MRVL)
(MRVL) reversed its 2012 decline as investors began to pay attention to MRVL’s prospects for share gains in controllers for hard disk drives and flash memory drives, as well as its new processor for cell phones and tablets. The company should see significant fixed operating leverage in 2013, as it has been carrying the cost of the investments in these products without any corresponding revenue until now. The company has also continued to buy back stock aggressively, adding to the potential earnings leverage. Read more...
Billionaire David Einhorn Takes Profits In Marvell Tech
The title sounds bad right? Einhorn has owned Marvell Technology (MVRL) since he first started buying up the stock during the third quarter of 2011. Recent news broke that Einhorn sold off some 1.27 million shares of Marvell at around $10.16 per share, worth some $12.9 million. Should investors consider this sale as the change in his opinion about Marvell? Should we turn bearish on Marvell now? Read more...
Billionaire David Einhorn's Big Moves: Apple (AAPL), Google (GOOG) And More
Be sure to check out our detailed stock analysis (click here). Read more...
Value Investing Idea - Marvell  - Value Investing Idea - Marvell
This idea just for the value investing contest just came from reading the latest investor letter of Greenlight Capital, posted on GuruFocus. After glancing at the financials, and it was looking to be to be a pretty good investment idea, I sent an e-mail to ask the investor relations of Marvell (MRVL) to send me their latest four annual reports as well as their latest four quarterly reports. The answer was fast; they sent their latest report by express mail. Although I live in the other side of the continent, I received it two days later, a good sign they care for shareholder. Read more...
David Einhorn’s 2012 Conviction Picks, Hits and Misses
Upon the release of Greenlight Capital’s fourth quarter shareholder letter this week, penned by hedge fund manager David Einhorn, it was revealed that some of Einhorn’s high conviction stocks, or companies that Einhorn kept buying over the latest quarters, came up short of the Guru’s expectations. Read more...
David Einhorn Comments on Marvell Technology
Marvell Technology (MRVL) was our biggest loser in 2012. MRVL shares fell from $13.85to $7.26 during the year. Earnings disappointments earlier in the year were followed by an end-of-year jury verdict of over $1 billion for infringement on certain patents held by Carnegie Mellon University. Having reviewed the proceedings, our view is that this is a case of a novel interpretation of the law by a local judge, combined with a hometown runaway jury. Although the legal system is inherently a crapshoot, we think that there are many reasons to expect the award to be substantially reduced or eliminated, either by the trial judge or on appeal. There are many grounds, but one of the simplest is that most of the damages were awarded based on foreign sales that are generally not protected by U.S. patents. The jury found that since the product was “designed and tested” in the U .S., damages were payable even though the manufacturing and sales happened abroad. Read more...
Will David Einhorn Buy Marvell Again as Price Drops Further? David Einhorn - Will David Einhorn Buy Marvell Again As Price Drops Further?
David Einhorn makes few investing mistakes. Since he reported his second-quarter portfolio, only one of his stocks is cheaper today than when he bought it: Marvell Technology Group Ltd. (MRVL). When the price declined 28 percent in the second quarter, Einhorn said he used it as “an opportunity to increase our stake in the company.” His colleague Daniel Loeb of Third Point, meanwhile, exited his position. As the stock continued a 19 percent slide in the third quarter (42 percent year to date), it left many to wonder if it is still the deal Einhorn thought it was. Read more...
Stocks Trading for Less Than David Einhorn Paid for Them David Einhorn - Stocks Trading For Less Than David Einhorn Paid For Them
David Einhorn has achieved a 21.5% annualized return at his firm, Greenlight Capital, since he founded it in 1996, by investing in undervalued long positions and short positions. Four of his holdings are currently trading for less than he paid for them: Marvell Technology Group (MRVL), WellPoint (WLP), Humana (HUM) and Genworth Financial (GNW). Read more...
David Einhorn Ups Stake in Semiconductor Maker Marvell Technology David Einhorn - David Einhorn Ups Stake In Semiconductor Maker Marvell Technology
David Einhorn, head of hedge fund Greenlight Capital, made another large purchase of Marvel Technology Group (MRVL), according to GuruFocus Real Time Picks. This time he upped his stake by more than 61%, buying 11,222,932 shares on July 16. The purchase brought his stake to a total of 18,372,247 shares. Read more...
David Einhorn on Marvell Technology Group (MRVL)
Marvell Technology Group (MRVL) was the other significant loser, as its shares fell from $15.73 to $11.28 during the quarter. MRVL gave tepid guidance and Wall Street has modestly reduced its estimates of earnings per share from $1.25 to $1.15 this year and from $1.45 to $1.40 for next year. MRVL has about $4 per share in cash and now trades at roughly 5x next year's earnings net of the cash on the balance sheet. Most of the cash is excess, and the company has commenced what we hope will be an aggressive share repurchase program. We have used the reduced stock price as an opportunity to increase our stake in the company. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 21.40
MRVL's P/E(ttm) is ranked higher than
78% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 18.76 vs. MRVL: 21.40 )
MRVL' s 10-Year P/E(ttm) Range
Min: 10.16   Max: 1768
Current: 21.4

10.16
1768
P/B 1.28
MRVL's P/B is ranked higher than
56% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.28 vs. MRVL: 1.28 )
MRVL' s 10-Year P/B Range
Min: 0.43   Max: 7.48
Current: 1.28

0.43
7.48
P/S 2.03
MRVL's P/S is ranked lower than
65% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. MRVL: 2.03 )
MRVL' s 10-Year P/S Range
Min: 0.97   Max: 23.4
Current: 2.03

0.97
23.4
PFCF 10.21
MRVL's PFCF is ranked higher than
71% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 15.69 vs. MRVL: 10.21 )
MRVL' s 10-Year PFCF Range
Min: 5.01   Max: 835
Current: 10.21

5.01
835
EV-to-EBIT 12.73
MRVL's EV-to-EBIT is ranked higher than
85% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.70 vs. MRVL: 12.73 )
MRVL' s 10-Year EV-to-EBIT Range
Min: 6.2   Max: 1584.9
Current: 12.73

6.2
1584.9
PEG 3.24
MRVL's PEG is ranked lower than
65% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.93 vs. MRVL: 3.24 )
MRVL' s 10-Year PEG Range
Min: 0.13   Max: 8.41
Current: 3.24

0.13
8.41
Shiller P/E 19.16
MRVL's Shiller P/E is ranked higher than
89% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.80 vs. MRVL: 19.16 )
MRVL' s 10-Year Shiller P/E Range
Min: 13.02   Max: 457.25
Current: 19.16

13.02
457.25

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.10
MRVL's Dividend Yield is ranked higher than
70% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.71 vs. MRVL: 2.10 )
MRVL' s 10-Year Dividend Yield Range
Min: 0.5   Max: 2.3
Current: 2.1

0.5
2.3
Dividend Payout 0.4
MRVL's Dividend Payout is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.71 vs. MRVL: 0.4 )
MRVL' s 10-Year Dividend Payout Range
Min: 0.33   Max: 0.33
Current: 0.4

Yield on cost (5-Year) 2.10
MRVL's Yield on cost (5-Year) is ranked higher than
70% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.83 vs. MRVL: 2.10 )
MRVL' s 10-Year Yield on cost (5-Year) Range
Min: 0.5   Max: 2.3
Current: 2.1

0.5
2.3
Share Buyback Rate 3.7
MRVL's Share Buyback Rate is ranked lower than
78% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: -1.55 vs. MRVL: 3.7 )
MRVL' s 10-Year Share Buyback Rate Range
Min: 3.7   Max: -37
Current: 3.7

Valuation & Return

vs
industry
vs
history
Price/Net Cash 5.1
MRVL's Price/Net Cash is ranked higher than
89% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.30 vs. MRVL: 5.1 )
MRVL' s 10-Year Price/Net Cash Range
Min: 4.6   Max: 47.5
Current: 5.1

4.6
47.5
Price/Net Current Asset Value 15.2
MRVL's Price/Net Current Asset Value is ranked higher than
87% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 6.80 vs. MRVL: 15.2 )
MRVL' s 10-Year Price/Net Current Asset Value Range
Min: 13.8   Max: 100.4
Current: 15.2

13.8
100.4
Price/Tangible Book 2.4
MRVL's Price/Tangible Book is ranked higher than
73% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. MRVL: 2.4 )
MRVL' s 10-Year Price/Tangible Book Range
Min: 2.2   Max: 16
Current: 2.4

2.2
16
Price/DCF (Projected) 0.6
MRVL's Price/DCF (Projected) is ranked higher than
83% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. MRVL: 0.6 )
MRVL' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 5.7
Current: 0.6

0.5
5.7
Price/Median PS Value 0.4
MRVL's Price/Median PS Value is ranked higher than
72% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.80 vs. MRVL: 0.4 )
MRVL' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 5.2
Current: 0.4

0.3
5.2
Price/Peter Lynch Fair Value 0.9
MRVL's Price/Peter Lynch Fair Value is ranked lower than
66% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.70 vs. MRVL: 0.9 )
MRVL' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.6   Max: 2.3
Current: 0.9

0.6
2.3
Price/Graham Number 1.4
MRVL's Price/Graham Number is ranked higher than
79% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. MRVL: 1.4 )
MRVL' s 10-Year Price/Graham Number Range
Min: 1.3   Max: 7.5
Current: 1.4

1.3
7.5
Earnings Yield (Greenblatt) 7.90
MRVL's Earnings Yield (Greenblatt) is ranked higher than
91% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.60 vs. MRVL: 7.90 )
MRVL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 16.1
Current: 7.9

0.1
16.1
Forward Rate of Return (Yacktman) 28.38
MRVL's Forward Rate of Return (Yacktman) is ranked higher than
92% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.30 vs. MRVL: 28.38 )
MRVL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -15.1   Max: 94
Current: 28.38

-15.1
94

Business Description

Marvell Technology Group Ltd. was incorporated in Bermuda in January 1995. It is a global semiconductor provider of high-performance analog, mixed-signal, digital signal processing and embedded microprocessor integrated circuits. The Company's diverse product portfolio includes switching, transceiver, wireless, PC connectivity, gateway, communications controller, storage and power management solutions that serve diverse applications used in business enterprise, consumer electronics and emerging markets. Its core strength of expertise is the development of complex System-on-a-Chip, or SoC, devices leveraging its technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing and embedded ARM-based microprocessor integrated circuits. The Company's product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers, or PHY, handheld cellular, Ethernet-based wireless networking, personal area networking, Ethernet-based PC connectivity, control plane communications controllers, video-image processing and power management solutions. Its products serve diverse applications used in carrier, metropolitan, enterprise and PC-client data communications and storage systems. Additionally, it serves the consumer electronics market for the convergence of voice, video and data applications. The Company's core technologies were initially focused on the storage market, where it provides high-performance products to storage companies such as Fujitsu Ltd., Samsung Semiconductor, Toshiba Corporation and Western Digital Corporation. It subsequently applied its technology to the broadband communications market, where it provides industry-leading PHY wired and wireless Ethernet-switching solutions that enable the data transmission between communications systems to manufacturers of high-speed networking and wireless equipment including Cisco Systems, Inc., Dell Inc., Brocade Communication Systems, Inc., Intel and NETGEAR, Inc. The company's wireless technology has a number of uses in emerging consumer electronic devices, including enabling applications such as wireless connectivity, ad-hoc gaming, streaming audio, video and Voice over Internet Protocol, or VoIP, for products offered by companies such as Microsoft Corporation, Motorola, Inc., PalmOne and Sony Corporation. The company's ICAP Business provides cellular and handheld solutions to customers such as Research in Motion Limited, Motorola and PalmOne. Its printer semiconductor division provides SoC and system level solutions for both inkjet and laser jet printer systems. It also has applied its technology by introducing integrated circuits and modules that provide power management to electronic devices. The customers for its storage products are manufacturers of hard disk drives for the enterprise, desktop and mobile computing markets. The target customers for its wired and wireless communi
Company Website
Industry: Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI
Traded in other countries:MVL.Germany

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