November 20, 2023 — According to reports, Marvell plans to lay off its NAND Flash control IC team in Taiwan region as the NAND Flash control chip business is affected by poor NAND Flash demand and trade war restrictions between China and the United States.
The report pointed out that although Marvell has not completely withdrawn from the NAND Flash control IC business, the elimination of the Taiwan team shows that the storage business is still difficult.
At present, memory chip manufacturers are also competing for the NAND Flash control IC market through self-development or outsourcing design and mass production. This has affected the operations of Marvell for the enterprise market, which is also the reason why Marvell has downsized its team.
The industry believes that Phison will benefit the most from Marvell’s layoff of Taiwan NAND Flash control IC team. It is not only expected to capture relevant talents, but also expand market share and expand enterprise SSD control IC shipments.