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Marvell Electronics Co-Founder Picked as Entrepreneur of the Year

Weili Dai, Marvell Electronics' co-founder, was named the entrepreneur of the year by a professional association.The Hua Yuan Science and Technology Association, a Chinese professional group, announced this week that it had selected Weili Dai, the founder of chip company Marvell Electronics, as its 2010 entrepreneur of the year.

Dai, who is the only woman to have co-founded a large, publicly traded semiconductor firm, said the award was a great honor. "When I co-founded Marvell 15 years ago, it was my passion to create a true industry leader – a company known for both its differentiated technology and its high integrity, win-win business philosophy," she said at HYSTA's awards banquet.

Marvell makes low-power chips for storage-media equipment, smartphones and other devices; it recently unveiled a triple-core smartphone processor that promises to blow competing chips out of the water. The company ships more than a billion chips per year

Dai, who has been with Marvell from the start, has been integral to the company's success. But her talents, HYSTA president Shoucheng Zhang says, extend beyond the business world. Dai, Zhang noted, "has worked tirelessly to promote greater cooperation between the U.S. and China [and] has become an effective role model and mentor to other women worldwide."

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