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Marvell to Establish World-Class Semiconductor Design Center in Vietnam

Ho Chi Minh, Vietnam – May 16, 2023 – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced its plans to establish a world-class design center in Ho Chi Minh City, Vietnam. The site will be home to advanced semiconductor engineering and will be a top technology workplace for employees to enhance their skills and achieve outstanding career opportunities.

To support the talent requirements of the Design Center, Marvell plans to invest in developing essential technology skills in the region through a newly established Marvell Excellence Scholarship Program – Vietnam. The program will support talented students pursuing degrees in engineering and computer science at selected universities in Vietnam.

Through the Marvell Scholarship program, the company is looking to develop essential engineering skills in Vietnam, increase female workforce representation across all levels and roles, and improve diversity by recruiting from low-income communities.

Dr. Loi Nguyen, Executive Vice President of Marvell’s Optical and Copper Connectivity Group and a native of Ho Chi Minh City, stated: “One of the major challenges of the global semiconductor industry is research and engineering shortage and this presents a huge opportunity for aspiring Vietnamese tech talents. The establishment of Marvell’s Design Center in Vietnam is a significant step towards bridging this talent gap and fostering the semiconductor industry in Vietnam.”

“Marvell is committed to attracting the best and brightest engineering talent to its semiconductor design center in Vietnam, and growing high-value semiconductor jobs, careers, and ecosystem in the country,” adds Dr. Nguyen.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud, automotive, and carrier architectures transform—for the better.

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This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events or achievements. Actual events or results may differ materially from those contemplated in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

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