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Home > Company Index > Electronics & Misc. Technology > Semiconductor - Specialized > Marvell Technology Group Ltd.

Marvell Technology Group Ltd.
Nasdaq: MRVL
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 NEWS FROM THE WIRES
U.S. Options-Marvell Aug calls rolled to higher strike
Aug 14 2001 01:18 PM PDT

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 PROFILE
Marvell Technology Group hopes to find a marvellous market for its microchips. The company offers digital and mixed-signal integrated circuits for data storage and data communications applications. Products include read channels (which convert analog data from a magnetic disk into digital data for computing) and preamplifiers. Marvell outsources its fabrication to Taiwan Semiconductor Manufacturing. The company, which acquired commmunications chip company Galileo Technology, relies on few customers for its sales, including Samsung (36% sales), Seagate Technology (26%), Hitachi (14%), Fujitsu (14%), and Toshiba (10%). Co-chairman and CEO Sehat Sutardja and his wife, EVP Weili Dai, together own about 30% of Marvell.

 COMPETITION
Lucent Technologies Inc. (LU)
STMicroelectronics N.V. (STM)
Texas Instruments Incorporated (TXN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 143.90
1-Yr. Sales Growth: 76.8%
Employees: 753
Revenue per employee: $191,102.26

 KEY PEOPLE
• Sehat Sutardja
    CEO
• George Hervey
    CFO

 CONTACT INFO
645 Almanor Ave.
Sunnyvale, CA 94085
US
Phone: 408-222-2500
Fax: 408-328-0120
Online: Web Site

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