Marvell (MRVL +3.6%) rallies after announcing a solution for remotely controllable LED bulbs...

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

Marvell (MRVL +3.6%) rallies after announcing a solution for remotely controllable LED bulbs that includes a new AC/DC controller/wireless microcontroller SoC (it can work with either the ZigBee protocol,  or a combo of ZigBee and Wi-Fi). Marvell, which has been aggressively pushing into the LED controller/driver chip space, claims its solution uses half as many chips as alternatives. The announcement comes a week after Marvell announced Samsung will use one of its LED driver ICs in a new line of bulbs. Cirrus Logic (CRUS) also has lofty ambitions in this space. (Marvell/Sharp demo)