EXHIBIT 99.1

EXHIBIT 99.1


NEWS RELEASE


MARVELL TECHNOLOGY GROUP LTD. REPORTS THIRD QUARTER FISCAL 2002 RESULTS

SUNNYVALE, CA. (NOVEMBER 15, 2001) - Marvell Technology Group Ltd. (NASDAQ:
MRVL), a technology leader in the development of extreme broadband
communications solutions, today reported financial results for its third fiscal
quarter ended October 27, 2001.

Net revenue for the third quarter of fiscal 2002 was $73.1 million, an increase
of 102% over net revenue of $36.2 million for the third quarter of fiscal 2001
and a 6% sequential increase from net revenue of $68.7 million for the second
quarter of fiscal 2002. Pro forma net income, which excludes the effect of
acquisition-related expenses and amortization of stock-based compensation, was
$3.4 million, or $0.03 per share (diluted), for the third quarter of fiscal
2002, compared with pro forma net income of $3.4 million, or $0.04 per share
(diluted), for the third quarter of fiscal 2001.

Net revenue for the first nine months of fiscal 2002 was $206.0 million, an
increase of 110% over net revenue of $98.1 million for the first nine months of
fiscal 2001. Pro forma net income was $11.3 million, or $0.09 per share
(diluted), for the first nine months of fiscal 2002, compared with pro forma net
income of $9.5 million, or $0.10 per share (diluted), for the first nine months
of fiscal 2001.

Net loss under generally accepted accounting principles (GAAP), which includes
the effect of acquisition-related expenses and amortization of stock-based
compensation, was $105.1 million, or $0.92 per share (diluted), for the third
quarter of fiscal 2002, compared with net income under GAAP of $1.8 million, or
$0.02 per share (diluted), for the third quarter of fiscal 2001. Net loss under
GAAP was $315.3 million, or $2.77 per share (diluted), for the first nine months
of fiscal 2002, compared with net income under GAAP of $4.5 million, or $0.05
per share (diluted), for the first nine months of fiscal 2001.

"This has been a tremendous quarter for Marvell in terms of solid revenue growth
and record revenues," stated Dr. Sehat Sutardja, Marvell's President and CEO.
"We have attained significant industry milestones with the announcement of our
world-class storage and communications products. We debuted the industry's first
Serial ATA interface solution, which has rapidly gained momentum and is expected
to be adopted into a wide range of storage applications from enterprise to
mobile computing. We also continued to strengthen our leadership position in
Gigabit networking with the newest members of our Alaska(TM) family, the Alaska
X 10 Gigabit transceiver and the Alaska Quad fiber transceiver. Our Alaska X
device is the first 10 Gigabit transceiver in the industry to achieve
transmission over 60 inches of generic FR4 PCB copper traces as demonstrated
with Tyco Electronics' high speed connector, and our Alaska Quad fiber device is
the industry's first PHY to standardize on the GMII/RGMII interface for both
fiber and copper applications, allowing for more highly manageable and flexible
Gigabit systems."

"Marvell also introduced our revolutionary Prestera(TM) architecture, the
world's first high-density Gigabit switches to scale from Gigabit to the desktop
to terabit routing, which has received wide industry acceptance. In addition, we
announced the industry's first integrated small office/home office switches
optimized for converged voice/video/data. With our switched Ethernet products,
Alaska Gigabit and 10 Gigabit transceivers and our system and communications
controllers, Marvell offers customers a complete suite of world-class broadband
communications solutions," concluded Dr. Sutardja.
Marvell will be conducting a conference call today at 2 p.m. PST to discuss its
third quarter financial results. To listen to the conference call, investors can
dial (719) 457-2634 approximately 10 minutes prior to the initiation of the
teleconference and refer to conference code 499585. Replay of the conference
call will be available until November 23, 2001 at midnight PST by calling (719)
457-0820. The conference call will also be available via the Web at
www.marvell.com and www.companyboardroom.com until December 14, 2001.

ABOUT MARVELL

Marvell, a technology leader in the development of extreme broadband
system-level IC solutions for Internet connectivity and infrastructure,
comprises Marvell Technology Group Ltd. (MTGL) and its subsidiaries, Marvell
Semiconductor, Inc. (MSI), Marvell Asia Pte Ltd. (MAPL), Marvell Japan K.K.
(MJKK), and Galileo Technology Ltd. (GTL). On behalf of MTGL, MSI designs,
develops and markets integrated circuits utilizing proprietary Communications
Mixed-Signal Processing (CMSP) and digital signal processing technologies for
communications signal processing markets. MAPL is headquartered in Singapore and
is responsible for Marvell's production and distribution operations. GTL
develops high-performance communications Internetworking and Switching products
for the broadband communications market. As used in this release, the terms
"Company" and "Marvell" refer to the entire group of companies. The Company
applies its technology to the extreme broadband communications market where its
products are used in network access equipment to provide the interface between
communications systems and data transmission media. MSI is headquartered at 645
Almanor Ave., Sunnyvale, Calif., 94085; phone: (408) 222-2500, fax: (408)
328-0120. Marvell's common stock is traded on the NASDAQ under the symbol MRVL.
More information on Marvell is available on the Internet at www.marvell.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995:

This release may contain forward-looking statements based on our current
expectations, estimates and projections about our products, our industry, our
markets, management's beliefs, and certain assumptions made by us. Words such as
"anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates,"
"may," "will," "should," and variations of these words or similar expressions,
are intended to identify forward-looking statements. In addition, any statements
that refer to expectations, projections or other characterizations of future
events or circumstances, including any underlying assumptions, are
forward-looking statements. These statements are not guarantees of future
performance and are subject to certain risks, uncertainties and assumptions that
are difficult to predict. Therefore, market results may differ materially and
adversely from those expressed in any forward-looking statements in this
release.

Important risks, uncertainties and assumptions that may cause such a difference
for Marvell in connection with our near term financial results include, but are
not limited to, the timing, cost and successful completion of technology and
product development through volume production; the timing, rescheduling and/or
cancellation of significant customer orders; general economic conditions and
specific conditions in the markets we address, including periodic downturns in
the integrated circuit industry; the rate at which our present and future
customers and end-users adopt our products; and the timing and results of
customer-industry qualification and certification of our products.

For other factors that could cause Marvell's results to vary from expectations,
please see the section titled "Additional Factors That May Affect Future
Results" in Marvell's annual report on Form 10-K for the year ended January 27,
2001 and Marvell's subsequent quarterly reports on Form 10-Q.

We undertake no obligation to revise or update publicly any forward-looking
statements for any reason.

MARVELL TECHNOLOGY GROUP LTD.
PRO FORMA CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)