UBS is reiterating a Buy on Marvell Technology (MRVL), believing it will profit from growing...

|About: Marvell Technology Group, Ltd. (MRVL)|By:, SA News Editor

UBS is reiterating a Buy on Marvell Technology (MRVL), believing it will profit from growing sales of TD-SCDMA 3G phones for use on China Mobile's (CHL) network. UBS estimates Marvell has a 70% share of baseband chip design wins for TD-SCDMA smartphones. SPRD is another chipmaker with high hopes for the TD-SCDMA market. (previously)