IDT, Marvell Technology Group Ltd., and Qorvo Join Semiconductor Industry Association
Semiconductor Industry Association (SIA) Press Release
WASHINGTON – January 4, 2017 – The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced the recent addition of three leading U.S. semiconductor companies, Integrated Device Technology, Inc. (IDT), Marvell Technology Group Ltd., and Qorvo, as SIA members. IDT President & CEO Greg Waters and Marvell President & CEO Matt Murphy are expected to be elected to the SIA board of directors at the next board meeting in March. Qorvo CEO Bob Bruggeworth was elected during SIA's board meeting in September.
"We are thrilled to welcome IDT, Marvell, and Qorvo as SIA members and look forward to having three additional industry leaders, Greg Waters, Matt Murphy, and Bob Bruggeworth, on the SIA board of directors," said John Neuffer, SIA President and CEO. "SIA has a 40-year history of advancing the U.S. semiconductor industry's interests in Washington and in capitals around the world. That effort will be greatly strengthened by the addition of IDT, Marvell, and Qorvo."
Waters joined IDT in January 2014 as President, CEO, and a member of the board of directors. Prior to IDT, he served from 2003 to 2012 as executive vice president and general manager for Skyworks Solutions, where he led the company's wireless businesses to a decisive industry leadership position. Before Skyworks, he held several executive business unit positions at Agere Systems, where his responsibilities included M&A and IP licensing and where he played a key role in the company's successful IPO. Waters began his career at Texas Instruments, serving in a variety of management positions in sales, customer design centers, and business unit management. Waters holds a B.S. in engineering from the University of Vermont, and an M.S. in computer science from Northeastern University.
"The semiconductor industry's best days are in front of us, and much work remains to fulfill our tremendous promise for the future," said Waters. "I look forward to collaborating with other industry leaders through SIA to chart the industry's path forward to continued growth and innovation."
Murphy has led Marvell since joining the company in July 2016 and also serves as a member of company's board of directors. In his role as CEO, he is responsible for leading new technology development, directing ongoing operations and driving Marvell's growth strategy. Prior to joining Marvell, Murphy worked for Maxim Integrated, where he advanced through a series of business leadership roles over two decades. Most recently, he served as Executive Vice President of Business Units and Sales & Marketing, overseeing all product development and go-to-market activities. In prior roles, Murphy led the company's communications, data center, and automotive business groups, all of which experienced significant growth under his leadership.
He earned a B.A. from Franklin & Marshall College, and is also a graduate of the Stanford Executive Program.
"It's an honor to join SIA's board of directors and work with my peers to advance the semiconductor industry's policy priorities," said Murphy. "Having served as a board alternate in the past, I have seen the role SIA plays in ensuring that open and fair trade practices exist in a global economy. I am excited to continue this work on behalf of Marvell."
Bruggeworth is President and CEO of Qorvo and has led the company to strong growth since its formation following the merger of RFMD and TriQuint in January 2015. He served as President and CEO of RFMD from January 2003 to December 2014 and was previously President of RFMD from June 2002 until January 2003. Before this he was also Vice President and then President of RFMD's wireless products group. Prior to joining RFMD in September 1999, Mr. Bruggeworth held various leadership positions at AMP Inc., a supplier of electrical and electronic connection devices, from July 1983 to April 1999, serving most recently as Vice President of Global Computer and Consumer Electronics, based in Hong Kong. He is a graduate of Wilkes University, Wilkes-Barre, Pa.
"I am thrilled to represent Qorvo on the SIA board of directors and look forward to helping shape and promote initiatives that will strengthen the semiconductor industry and the U.S. economy," said Bruggeworth. "It is as important now as ever before for our industry to be united in support of its common goals, and SIA provides a critical vehicle for that unity."
About SIA
The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America's top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2015, U.S. semiconductor company sales totaled $166 billion, and semiconductors make the global trillion dollar electronics industry possible. SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition. Learn more at www.semiconductors.org.
About IDT
Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. IDT’s market-leading products in RF, timing, wireless power transfer, serial switching, interfaces, automotive ASICs, battery management ICs, sensor signal conditioner ICs and environmental sensors are among the company’s broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. Headquartered in San Jose, Calif., IDT has design, manufacturing, sales facilities and distribution partners throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT can be found at www.IDT.com.
About Marvell
Marvell first revolutionized the digital storage industry by moving information at speeds never thought possible. Today, that same breakthrough innovation remains at the heart of the company's storage, network infrastructure, and wireless connectivity solutions. With leading intellectual property and deep system-level knowledge, Marvell's semiconductor solutions continue to transform the enterprise, cloud, automotive, industrial, and consumer markets. To learn more, visit: www.marvell.com.
About Qorvo
Qorvo makes a better world possible by providing innovative RF solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage our unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.