Marc Ferranti and Nancy Gohring

Articles by Marc Ferranti and Nancy Gohring

Intel sells communications unit to Marvell

Intel Corp. will sell its communications and application processor business to Marvell Technology Group Ltd. for US$600 million, the companies announced Tuesday. The move is part of an Intel effort to shore up its core business in the face of increasing competitive pressure from Advanced Micro Devices Inc. and a slowing global PC market.

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