10 Companies Hurt By The PC's Downfall


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.