California Governor Arnold Schwarzenegger Visits Marvell's Silicon Valley and Shanghai Operations as Part of Historic Asia Trade Mission
Governor launches Trade Mission from Marvell's Silicon Valley headquarters, Joins Shanghai government officials at Dedication Ceremony for Marvell's New Shanghai Design Center and announcement of Marvell - Tsinghua University - University of California Berkeley green technology consortium
Santa Clara, California (September 12, 2010) – Marvell (Nasdaq: MRVL), a worldwide leader in integrated silicon solutions, today announced that California Governor Arnold Schwarzenegger visited its Shanghai operation as part of his three-nation Asia trade mission. The Governor, who launched his Asia Trade Mission on Wednesday at Marvell's Silicon Valley headquarters, is engaging in high-level business and political meetings in China, Japan and South Korea in order to promote expanded trade cooperation between the region and the state of California. As California is home to many of the world's top technology, information, consumer and entertainment companies, the Governor is showcasing companies like Marvell that have significant operations both in the state of California and throughout Asia. Besides its U.S. headquarters in Silicon Valley, Marvell has a large and growing presence at Shanghai's Zhangjiang Hi-Tech Park, has a design center in Japan and additional operations in Korea. Marvell co-founders Weili Dai and Sehat Sutardja traveled with the Governor on the three-nation tour.
"It is my passion to work to bridge my two homelands – China and the U.S. – and try to promote cooperation and economic growth in both powerful nations, particularly in the areas of semiconductor, communications, education and green technologies," said Weili Dai, Marvell's Shanghai-born co-founder. "For that reason, I am very proud that the Governor chose to launch his Asia Trade Mission from Marvell's Silicon Valley campus and then a few days later, visited our Shanghai design center. I am also proud that Shanghai government officials were able to join Governor Schwarzenegger in highlighting the exciting new developments at our Shanghai design center. It is an honor that reflects well on Marvell's global leadership and growing industry influence."
Marvell provides an appropriate symbol of the Governor's trade mission objectives. In 1995, Marvell was started by three University of California, Berkeley graduates. Today, the company is the third-largest fabless semiconductor company in the world, ships more than a billion chips per year, including the key technology behind today's connected mobile devices. Marvell makes about two of every three chips used in the critical area of information storage, the backbone of the global networked economy. Marvell has made a major commitment to the China market, and has achieved notable success in its co-development of the TD-SCDMA phone standard – the China standard for mobile phones.
During his visit, the Governor toured demonstrations of Marvell's latest communications, computing and consumer technology and presided over the dedication of the expansion plans at the company's Shanghai Zhangjiang facilities, including the plans for a three-way research consortium between Marvell, China's prestigious Tsinghua University and the University of California Berkeley. Additionally, Marvell announced its support of the Governor's Executive Order to promote integration of advanced technologies in early education with a donation of eReaders and tablets to PS7 Middle School, a St. Hope Public School in Sacramento, California, and Zhangjiang Hi-Tech Experimental Primary School in Shanghai, China.
In China, Marvell has operations in Shanghai, Beijing, Hefei and Shenzhen. Marvell's Japan design center is in Tokyo; its South Korea operations are in Seoul. Marvell has strategic business relationships with the world's largest telecom, mobile, and consumer electronics manufacturers in the region.
Marvell is a world leader in the development of storage, communications, and consumer silicon solutions. Marvell's diverse product portfolio includes switching, transceiver, communications controller, wireless, and storage solutions that power the entire communications infrastructure including enterprise, metro, home, and storage networking. As used in this release, the term "Marvell" refers to Marvell Technology Group Ltd. and its subsidiaries. For more information, visit http://www.marvell.com.
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