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Marvell accelerates presence in Vietnam

Invest Global 09:15 20/05/2024

Marvell Technology, Inc. is ahead of schedule for its growth plans in Vietnam, growing its working and opening a second location in Danang.

Marvell Technology, Inc, a data infrastructure semiconductor solutions provider, announced on May 16 that it has increased its presence in Vietnam along with the size of its workforce in the past year, with the company revealing plans to expand research and development, engineering, and design activities in the country.

Marvell accelerates presence in Vietnam

Marvell made a commitment to grow its workforce by 50 per cent in Vietnam within three years during last year’s US-Vietnam Innovation and Investment Summit, attended by Marvell chairman and CEO Matt Murphy. Marvell is currently ahead of schedule, increasing its staff by more than 30 per cent growth in just eight months.

The company has also expanded its physical footprint in Vietnam with a new location in Danang, adding to its offices in Ho Chi Minh City, demonstrating the company’s commitment to creating a world-class semiconductor design hub in the country.

"We are excited about the momentum we’ve gained since we announced our design centre plans last year, including our progress in adding some top engineering talent to our team and expanding our number of sites," said Murphy. "Vietnam is rapidly becoming a centre of semiconductor innovation, and we are committed to being part of that."

A new Marvell design centre facility in Ho Chi Minh City, which is expected to open within the next year, and other Marvell engineering facilities in Vietnam are focused on high-speed data centre optical connectivity, storage, and analogue and mixed-signal semiconductor technologies. These are critical to the build-out of accelerated infrastructure to meet the rising performance and power requirements of AI and cloud data centres.

"Marvell has been part of the technology ecosystem in Vietnam for over ten years. The company is committed to attracting the best and brightest engineering talent to its semiconductor design centre in Vietnam, and to contributing to the growth of the country’s semiconductor community," said Loi Nguyen, executive vice president of Cloud Optics at Marvell and a native of Ho Chi Minh City.

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By Thanh Van