Marvell’s New Management: What’s in Store for Investors? PART 6 OF 12
Marvells Mobile and Wireless segment
Marvell Technology Groups (MRVL) Mobile and Wireless segment completes its cycle of storing, moving, and accessing data. This segment has been reporting strong declines after fiscal 4Q16 because the company exited the mobile market due to strong competition from Qualcomm (QCOM). The mobile and wireless segments contribution to total revenues fell from 35% in fiscal 3Q16 to 18% in fiscal 3Q17.
Marvell is now focusing on its …
Read the full article at: http://marketrealist.com/2016/12/impact-restructuring-marvells-wireless-business/