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Marvell to Exit Smartphone Biz
2015-09-25 14:39:47| Telecom - Topix.net
Marvell Technology Group announced a "significant restructuring" in its flagging mobile platform business that will include layoffs, a write-down of assets, and apparently an exit from the smartphone market. The company said it "plans to significantly downsize the mobile platform organization to refocus its technology to emerging opportunities in IoT, automotive, and networking."
Tags: biz
exit
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Category:Telecommunications
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