Key Developments For Marvell Technology Group Ltd.
Marvell Technology Group Ltd. (MRVL.O) (Nasdaq)
Marvell Technology Group And E Ink Join Forces To Deliver a Radical New Generation of Faster, Lower Power Ultra Thin eReaders For Mass Markets
Marvell Technology Group announced its collaboration with E Ink, the supplier of electronic paper display (EPD) technologies for most of the world's eReaders. The two companies have begun to ship a highly integrated eReader processor available in complete turnkey platforms aimed at the fast-growing eReader market. These new platforms are expected to accelerate the rapid release of new forms of eReaders at a variety of price points. Marvell and E Ink have been working together and co-developing products for the ePaper market. The recently signed agreement between E Ink and Marvell includes joint development and cross licensing of next generation ePaper timing controllers and system platforms, which the companies anticipate will result in higher integration and lower cost solutions for eReader manufacturers.
Marvell Technology Group Raises Q3 2010 Revenue Guidance
Marvell Technology Group raised its third quarter of 2010 revenue guidance to a range of $760 to $775 million compare to previous range of $680 to $730 million. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.16 on revenue of $710 million for the same period. The Company cited the increase in projected revenues is due to broad improvement in demand within multiple end markets as the primary reasons for this positive outlook.
Marvell Technology Group Launches ARMADA
Marvell Technology Group announced the game-changing ARMADA family of processors designed specifically for next generation ARM instruction set smartphones, smartbooks, consumer and embedded devices, and displays.
Marvell Technology Group Announces Contract
Marvell Technology Group announced that Seagate, has used Marvell Sheeva CPU technology to power the new Seagate FreeAgent DockStar network adapter. The Marvell-based FreeAgent DockStar network adapter is intended to reinvent how people think of and use network storage, delivering an amazingly simple way to access and share digital content with anyone from anywhere.
Marvell Technology Group's 88DE2710 Video Processor Powers Sony's BDP- CX7000ES 400-Disc Blu-Ray Disc
Marvell Technology Group announced that its Marvell 88DE2710 video processor is a featured component of Sony's BDP-CX7000ES 400-disc Blu-ray Disc MegaChanger, thus furthering the integration of Marvell technology into consumer electronics devices.
