American chip firm Marvell ‘eliminates’ job roles in China amid deepening tech rivalry
- Multiple departments at Marvell in Shanghai and Chengdu will be cut or downsized, according to a report on the social media account of ICWise
- Amid rising geopolitical tensions with the US and Beijing’s strict Covid-19 controls, the world’s No 2 economy is losing its appeal as an R&D base for global tech firms
US chip designer Marvell Technology Group is the latest American semiconductor firm to scale down its operations in China following a similar move by US DRAM maker Micron Technology earlier this year, according to media reports.
Stacey Keegan, vice-president of marketing at Marvell, was quoted by Reuters as saying on Thursday that the company is remapping its business and “that will result in the elimination of roles in China”.
The report did not elaborate on the size of the job cuts.
In China, Marvell’s decision got the attention of the local semiconductor industry after a number of online media outlets reported its job cut plan. Multiple departments at Marvell in Shanghai and Chengdu will be cut or downsized, according to a report on the social media account of ICWise, a Shanghai-based consultancy firm.
Phone calls to Marvell’s Shanghai office went unanswered.
Its head office in Santa Clara, California, did not immediately respond to a request for comment sent outside US business hours.