So far in this series, we’ve seen that the semiconductor industry is consolidating to expand in the emerging IoT (Internet-of-Things) and cloud computing markets.
Increasing capital returns to shareholders is one of Marvell’s (MRVL) management’s main priorities. The company returned $155 million to shareholders in fiscal 4Q17.
Broadcom reduced its interest expense to $139 million in fiscal 3Q16 by repaying $1.3 billion in debt and restructuring a certain portion of its long-term debt.
