US chip designer Marvell to cut, downsize multiple departments in Shanghai and Chengdu  – report
US chip designer Marvell to cut, downsize multiple departments in Shanghai and Chengdu  – report

US chip designer Marvell to cut, downsize multiple departments in Shanghai and Chengdu  – report

US chip designer Marvell will cut or downsize multiple departments in Shanghai and Chengdu as part of its global business and organization restructure, reported Chinastarmarket.cn, an affiliate of the state-backed Shanghai United Media Group.

ICWise, a Shanghai-based semiconductor industry consultancy firm, also reported the news on its social media account.

In Marvell Shanghai, the scale-down will involve the SPG department, PHY department, designing and verificatiion team of ASIC department, engineering team and infrastructure team of IT department as well as GREWS department, according to the report.

Marvell’s SPG department and GREWS department in Chengdu will also be downsized, the report said.

On the same day, Reuters quoted Stacey Keegan, vice-president of marketing at Marvell as saying that the company is remapping its business and “that will result in the elimination of roles in China”, without elaborating on the size of the job cuts.

Separately, an SK Hynix executive was quoted as saying on Wednesday that the South Korean memory chip maker could sell off its DRAM plant Wuxi in an “extreme” case, but the company quickly denied such a plan was in place.In January, US memory chip giant Micron Technology said it would close its DRAM design centre in Shanghai by the end of this year, and it has offered relocation packages to the US or India to some of its 150 Chinese engineers.