Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 22 February 2013 11:05

Marvell gains market share in HD and Flash

Written by Nick Farrell



Shareholders happy

Chipmaker Marvell has predicted that its results this quarter will be largely above analysts' expectations as it gained market share in hard-disk drive and flash storage businesses.

Marvell expected to make $700 million to $740 million in the first quarter. The cocaine nose jobs of Wall Street were expecting revenue of $710.8 million. Marvell's forecast is in contrast with its rival LSI which last month forecast current-quarter revenue from continuing operations below analysts' estimates.

The outfit’s shares were trading at $9.90 after closing at $9.47 on the Nasdaq on Thursday. The company's major customers Western Digital and Seagate last month posted results above analysts’ estimates too. Marvell's interim Chief Financial Officer Brad Feller said on a conference call with analysts that the company would benefit from the new Blackberry 10 smartphone, which uses Marvell chips.

The company, which makes communications and processor products used in mobile phones, said its results were helped by a "North American mobile customer" during the fourth quarter.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments