10 Companies Hurt By The PC's Downfall

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Marvell Technology

Much like rival chip makers Intel and AMD, Marvell Technology has seen its sales shrink in light of the beleaguered PC market.

In November, the Santa Clara, Calif.-based company said its revenue for the third quarter of fiscal 2013 was $781 million, down 4 percent year-over-year and an even greater 18 percent compared to the previous quarter. Like its competitors, Marvell attributed the fall to a "slowdown in PC demand" and said moving forward it would place a new emphasis on its storage business, where it saw share gains in both the hard drive and solid state drive markets.

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