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Asia to become world largest economic region: Marvell

12th June 2011 | 4.150 Views
Jakarta (ANTARA News) - Marvell Technology Group USA predicted that the Asian region will become the world largest economic area in a decade to come.

"Currently there is a shift of economic growth engine from the West to the Asian region," President and Chief Executive Officer Marvell Technology Group USA, Sehat Sutardja said here on Sunday in a joint press conference with chairpersons and vice chairpersons of the World Economic Forum-East Asia (WEF-EA).

The shift of the economic growth engine was accelerated by China`s steps to develop low-cost manufacturing, he said.

"Indonesia with its great number of people and good education will provide an important role, so that the country can also supply the world-class business leaders," Sutardja said.

Marvell Technology Group is the world integrated silicon producer.

Marvell products are widely used in various electronic devices, such as Cisco switches, Blackberry, Apple iPod, Xbox 360 and the output products of electronic companies, such as Panasonic, Huawei, Toshiba, Fujitsu, Sony Ericsson, HP, Samsung, including Hitachi.

Sutardja is determined to make the technology as something that can be used to narrow the gap between the poor and the rich.

"I want to see that the increase in infrastructure and technology can reduce social inequalities," he cited.

In 2006, Sutardja received an award as Inventor of the Year from the Silicon Valley Intellectual Property Law Association.

In 2007, the Forbes magazine inserted Dr. Sehat Sutardja as one of the richest men in the United States (U.S.$1 billion List of billionaires), and held over 150 patents in the U.S.

Sutardja was trusted to be one of the WEF-EA 2011 chairpersons.

Currently, Marvell is a technology company which develops storage, communications and consumer silicon solutions.