Company Marvell Technology Group Ltd

Equities

MRVL

US5738741041

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-03-27 pm EDT After market 07:48:23 pm
72.31 USD +5.93% Intraday chart for Marvell Technology Group Ltd 71.4 -1.25%

Business Summary

Marvell Technology Group Ltd specializes in designing and marketing integrated communications and storage circuits intended for manufacturers of high-speed network equipment, hard disks, and consumer electronics. Net sales break down by area of application as follows:

- data centers (40.7%): artificial intelligence systems, data storage systems, Ethernet switches, servers, interconnection systems, etc.;

- enterprise networks (23.1%): routers, Ethernet switches, wireless access points, network equipment, workstations, etc. for campuses, small and medium-sized enterprises;

- telecom network infrastructures (18.3%): access multiplexers, Ethernet switches, optical transport systems, routers, wireless radio network access systems, etc.;

- consumer electronics (11.9%): broadband gateways and routers, game console systems, home data storage systems, home wireless access points, personal computer systems, printers and receiver terminals;

- automotive and industrial (6%): advanced driver assistance systems, autonomous vehicle systems, embedded network systems, industrial Ethernet switches, video surveillance systems.

Net sales are distributed geographically as follows: the United States (11.7%), China (42%), Malaysia (6.6%), Thailand (6.6%), Singapore (5.6%), Taiwan (4.9%), Japan (4.4%), Finland (3.2%), Philippines (2.9%) and other (12.1%).

Number of employees: 6,544

Sales per Business

USD in Million2023Weight2024Weight Delta
Data Center
40.2 %
2,409 40.7 % 2,217 40.2 % -7.97%
Enterprise Networking
22.3 %
1,369 23.1 % 1,228 22.3 % -10.28%
Carrier Infrastructure
19.1 %
1,084 18.3 % 1,052 19.1 % -2.96%
Consumer
11.3 %
701 11.8 % 622 11.3 % -11.23%
Automotive/Industrial
7.1 %
357 6.0 % 388 7.1 % +8.92%

Sales per region

USD in Million2023Weight2024Weight Delta
China
43.0 %
2,486 42.0 % 2,371 43.0 % -4.64%
United States
14.4 %
690 11.7 % 796 14.4 % +15.29%
Others
12.1 %
716 12.1 % 667 12.1 % -6.87%
Finland
6.9 %
190 3.2 % 380 6.9 % +100.63%
Singapore
6.1 %
332 5.6 % 336 6.1 % +1.36%
Thailand
6.0 %
392 6.6 % 329 6.0 % -16.00%
Malaysia
4.0 %
393 6.6 % 223 4.0 % -43.39%
Japan
3.1 %
260 4.4 % 169 3.1 % -34.96%
Taiwan
2.9 %
289 4.9 % 162 2.9 % -43.98%
Philippines
1.4 %
172 2.9 % 75 1.4 % -56.50%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 16-06-30
Director of Finance/CFO 43 15-12-31
Chief Tech/Sci/R&D Officer 53 18-06-30
Chief Operating Officer 47 15-12-31
Chief Administrative Officer 64 15-12-31
Chief Tech/Sci/R&D Officer - 16-12-31
Chief Tech/Sci/R&D Officer - 14-07-31
Investor Relations Contact - 17-12-31
Corporate Officer/Principal 56 19-09-30
Corporate Officer/Principal 64 21-03-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 51 16-06-30
Director/Board Member 75 16-04-30
Director/Board Member 77 16-04-30
Director/Board Member 60 18-06-30
Director/Board Member 65 16-11-30
Director/Board Member 62 21-03-31
Director/Board Member 51 22-08-21
Director/Board Member 51 20-06-30
Director/Board Member 60 22-04-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 866,000,000 861,625,116 ( 99.49 %) 0 99.49 %

Shareholders

NameEquities%Valuation
Fidelity Management & Research Co. LLC
15.00 %
129,672,224 15.00 % 9 292 M $
Vanguard Fiduciary Trust Co.
8.368 %
72,342,362 8.368 % 5 184 M $
BlackRock Advisors LLC
5.373 %
46,450,101 5.373 % 3 329 M $
Capital Research & Management Co. (Global Investors)
4.140 %
35,791,266 4.140 % 2 565 M $
T. Rowe Price Investment Management, Inc.
3.071 %
26,551,117 3.071 % 1 903 M $
19,736,940 2.283 % 1 414 M $
The Ayco Co. LP
1.888 %
16,322,203 1.888 % 1 170 M $
Matrix Capital Management Co. LP
1.742 %
15,055,500 1.742 % 1 079 M $
Ameriprise Financial Services LLC
1.710 %
14,786,075 1.710 % 1 060 M $
Brown Investment Advisory & Trust Co.
1.708 %
14,764,957 1.708 % 1 058 M $

Company contact information

Marvell Technology, Inc.

1000 North West Street Suite 1200

19801, Wilmington

+

http://www.marvell.com
address Marvell Technology Group Ltd(MRVL)