Comprehensive international media news on the 27th, the US Silicon Valley chip manufacturer Marvell Technology Group Ltd. said on the same day that the company's R&D team in China will lay off several personnel, which is part of Marvell's global R&D investment adjustment plan. .
"In China, our R&D investments will be focused on local customers and the Chinese market," Stacey Keegan, vice president of corporate marketing at Meiman Electronic Technology, said in a written response to Reuters queries.
"During this restructuring, several of our business divisions and units announced adjustments to their global positioning strategies, resulting in the elimination of jobs in China."
Meiman Electronic Technology did not specify the number of employees affected by the layoffs. MMT's move comes as chipmakers brace for a slowdown in global demand.
Amid global geopolitical tensions, several U.S. companies have scaled back their R&D operations in China. US chipmaker Micron Technology Inc closed its dynamic random access memory (DRAM) research and development center in Shanghai in January, citing a shift in investment focus.
